Direct Tax Code (dtc)

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Direct Tax Code: Panel suggests peak income tax rate of 20%, says report

The DTC panel has suggested three tax brackets at 5 percent, 10 percent and 20 percent, the last one being the highest.
Breaking 200 DMA, next support is at 4950, says Nirmal Jain

The Nifty has already broken below the 200 DMA and market watchers are now hoping that it finds support at this key level. Any more lower and it could be worrisome, says Nirmal Jain, chairman of IIFL.
Budget 2012-13: HP Ranina expects roll back of excise duty to 2008 levels

Speaking to CNBC-TV18, HP Ranina, Corporate Tax Lawyer says that the initial exemption limit in taxes is likely to be increased. With respect to excise duty, he expects a complete roll back to pre-crisis levels seen in 2008.

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Direct Tax Code (dtc)

Direct Tax Code: Panel suggests peak income tax rate of 20%, says report

Breaking 200 DMA, next support is at 4950, says Nirmal Jain

Budget 2012-13: HP Ranina expects roll back of excise duty to 2008 levels