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New direct tax regime should come within a stipulated time

May 05, 2015 2:22 am

The Standing Committee’s recommendation comes after the finance minister announced in the Budget that DTC would not be pursued as most provisions of the code have been incorporated in the existing Act.

Tax exemption limit under 80C raised to Rs 1.5 lakh

July 10, 2014 1:21 pm

The hike in the exemption limit would provide relief to the salary earners who are reeling under the impact of high inflation.

CAs protest inclusion of other professionals under ‘accountant’

April 21, 2014 8:57 am

FinMin has proposed to expand definition of accountant to include company secretaries, cost accountants.

Tax theatrics

April 03, 2014 12:09 am

Neither timing nor content of the finance ministry’s changes to the Direct Taxes Code makes sense.

DTC bill to reach Cabinet only after PMO go-ahead

November 21, 2013 2:45 am

Government has taken a slew of measures,including tax administration reforms commission to bring in changes in the tax regime.

Tax breaks for corporates likely this Winter Session

November 18, 2013 2:23 am

Lower corporate tax rate has been debated for some time within and outside the government.

Parliament clears Pension bill

September 07, 2013 3:10 am

Finance minister indicates that the National Pension Scheme could get tax benefits under the Direct Taxes Code.

Direct Taxes Code likely to suggest raising MAT to 20%

July 26, 2013 1:53 am

DTC may seek to relax tax guidelines for insurance,banking

Direct Taxes Code bill to be introduced in monsoon session: P. Chidambaram

July 16, 2013 3:33 pm

"I think we have done our homework and Parliament will pass it," Chidambaram added.

Direct Taxes Code review on: FM

October 29, 2012 5:58 pm

GST rollout is considered as one of the key reform measures that will help boost revenues,growth.

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