Direct Tax Code

Aug 31, 2015 at 18:17 | Source: CNBC-TV18
Indias fiscal deficit came in at Rs 3.85 lakh crore for the period between April and July. government data released today show.
Aug 31, 2015 at 17:53 | Source: PTI
Additional Chief Metropolitan Magistrate Pritam Singh directed the IT department to provide legible copies of documents by September 11, the next date, after Qureshi's counsel said some of the documents were illegible.
Aug 26, 2015 at 19:45 | Source: Moneycontrol.com
A recent Central Board of Direct Taxes (CBDT) press release of August 6, 2015 announced signing of 2 unilateral APAs, including one with a rollback provision, and this has raised hopes of many MNCs, that hope to witness expeditious and reasonable closures.
Aug 20, 2015 at 15:05 | Source: PTI
The company further said that it targeted raising Rs 300 crore through the bonds but the bids were received for Rs 2,175 crore for placing the bonds on private placement route.
Aug 17, 2015 at 15:02 | Source: PTI
In the Frequently Asked Questions (FAQs) the Central Board of Direct Taxes (CBDT) will answer around two dozen queries based on inputs received from various stakeholders since the notification of the Compliance Window under the Black Money Act on July 1.
Aug 06, 2015 at 17:44 | Source: PTI
A Framework Agreement was recently signed with the US under the Mutual Agreement Procedure (MAP) provision of the India-US Double Taxation Avoidance Convention (DTAC). "This is a major positive development," the Central Board of Direct Taxes (CBDT) said in a statement.
Aug 03, 2015 at 08:25 | Source: PTI
The Central Board of Direct Taxes (CBDT) has notified ITR 3, 4, 5, 6 and 7 for Assessment Year 2015-16. These forms are used by non-salaried entities to file income tax returns.
Jul 27, 2015 at 08:56 | Source: PTI
CBDT has asked its investigation and regular assessment ranges across the country to "quickly" collect the data and submit them so that RBI can take a final view on the grant of licences to eligible parties.
Jul 20, 2015 at 21:54 | Source: PTI
Goods & Services Tax (GST) will be a game changer for the Indian economy. The new tax regime can lead to efficient resource allocation within the economy, improve tax compliance and positively impact GDP growth.
Jul 08, 2015 at 20:23 | Source: PTI
Government on Wednesday allowed seven state-owned entities, including NHAI, IRFC and NTPC, to raise Rs 40,000 crore in the current fiscal through tax-free bonds.
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 2014

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 2014

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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 2014

R Jagannathan

Platinum Member

1360 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 2014

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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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56 Followers

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

176 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

176 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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