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Direct Tax Code

Jul 23, 2014 at 21:13 | Source: CNBC-TV18
As a part of an attempt to assuage hurting western sentiments, the finance minister as a part of the Budget speech had said that the retrospective amendment had given rise to various cases which are at different stages of pendency.
Jul 21, 2014 at 12:26 | Source: PTI
The government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal. During 2013-14, tax collection fell short of target by a whopping Rs 77,000 crore.
Jul 14, 2014 at 14:41 | Source: Moneycontrol.com
Focus on infra and manufacturing has the potential to kick start the investment cycle, while legislative and administrative changes to reduce litigation in direct taxes and focus on digitalisation reflect the change in attitude.
Jul 11, 2014 at 17:23 | Source: Moneycontrol.com
The proposals in the Union Budget 2014-15 are neutral for the construction sector in the short-term, though the governments emphasis on infrastructure creation is a positive in the medium-to-long term, says India Ratings.
Jul 11, 2014 at 15:13 | Source: Moneycontrol.com
Radhika Rao of DBS Bank gives their take on Arun Jaitelys maiden Union Budget and their outlook on the road ahead for the Modi government.
Jul 10, 2014 at 22:13 | Source: Moneycontrol.com
Budget 2014: Direct Tax Highlights
Jul 10, 2014 at 17:47 | Source: CNBC-TV18
On Goods and Services Tax (GST), Mayaram said the Centre expects to reach a consensus on GST with states and may move legislation by the Winter Session.
Jul 10, 2014 at 15:23 | Source: Moneycontrol.com
The announcement that the government will not introduce any retro amendment and mechanism to issue clarification on grey areas will certainly go a long way to bring clarity and certainty on such issues and reduce tax litigation
Jul 10, 2014 at 12:52 | Source: CNBC-TV18
The Sensex is down 77.08 points at 25367.73 and the Nifty is down 23.80 points or at 7561.20. About 913 shares have advanced, 1645 shares declined, and 96 shares are unchanged. Foreign institutional investors to get tax-breaks to entice them to move back from Mauritius.
Jul 10, 2014 at 12:43 | Source: CNBC-TV18
Revenue deficit to be 2.9 percent of GDP in this fiscal, says FM. Basic tax exemption limit raised to Rs 2.5 lakh, and Rs 3 lakh for senior citizens. No changes made in corporate or other direct taxes. Limits under section 80C raised to Rs 1.5 lakh - as indicated in raising the PPF limit to Rs 1.5 lakh.
Messages on Direct Tax Code »

R Jagannathan

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Budget  

inheritance tax exemption limit will also be indexed to inflation. We will observe the performance of this tax and make course corrections as we go along. All these changes will be reflected in the new Direct Taxes Code being announced separately later this month, which will be effective from 1 April 2014

11.22 AM Jul 8th

R Jagannathan

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Politics  

promise real changes in the direct taxes code and much higher exemption limits in his next budget - due on 28 February 2015. That`s not too far away - just over seven months from now. How about it, Mr J? The UPA`s heart bled for the NREGA earner. Good thing, too. Your heart must bleed for the salary

12.31 PM Jul 3rd

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Tax Planning & Help  

Source:Calcutta Telegraph News - Calcutta, Jan. 11: Parthasarathi Shome, adviser to Union finance minister P. Chidambaram, today said the current delay in implementation of the two big tax reforms of the country — direct tax code (DTC) and goods and services tax (GST) — is on account of political

2.38 PM Jan 13th

R Jagannathan

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976 Followers

Politics  

. In fact, it is simply too easy to take the easy, populist decisions that can be paid for by somebody else, or some time in the future. Thus we are unable to implement a goods and services tax (GST) even though it is manifestly a good thing for the economy; we are unable to legislate a direct taxes code

4.59 PM Jan 1st

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Fast Track  

Source:Calcutta Telegraph News - New Delhi, Nov. 20: The government is finalising the amendments to the Direct Taxes Code (DTC) that could be taken up in the winter session of Parliament. Revenue secretary Sumit Bose today said the finance ministry was still working on “finalising the bill

12.11 PM Nov 21st 2013

mmkann

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News Now  

Direct tax code should consider the Salaried Employees separately Since they are not having any other options to escape from the tax burden as like other business man. Business man can make false claiming of many expenses to reduce the profit and tax thereon which will not come to the limelight

11.45 AM Nov 21st 2013

ramooji

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News Now  

The MoF could work on the Direct tax code bill in a way that the slabs and rates as proposed by the Standing Committee could be considered for the first three slabs and the fourth slab as contemplated by the MoF i.e., a tax at 35% on incomes of rs10cr and above. This would have provided some

6.37 PM Nov 20th 2013

vk1939

Platinum Member

160 Followers

Castrol  

now and we can not ignore that fact. Of course TIME alone can give a right answer. That is the most important to look at and if we look at direct cash transfers, direct tax code, GST possibly getting implemented in the next 12 months, FDI which has been opened up in various spaces, new banking

8.21 PM Oct 17th 2013

vk1939

Platinum Member

160 Followers

Tata Motors (D)  

at and if I look at direct cash transfers, direct tax code, GST possibly getting implemented in the next 12 months, FDI which has been opened up in various spaces, new banking licences, a lot of these measures would have been unconceivable a year back and that is actually in play and at various stages

8.03 PM Oct 17th 2013

Other Market Topics  

is greater than 2 lakhs annually, and assessee is obligated to file). The Direct Tax Code that putatively seeks to place an upward limit of Rs 1 crore on share dividend incomes (which have in any case been taxed at source at 15.5%) has so far, not been considered. In fact, on the subject of tax-free issues

1.59 PM Aug 28th 2013

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