Moneycontrol PRO
LAMF
LAMF

Direct Tax Code

Jump to
  • Budget 2021-22 expected to incorporate recommendations of panel on direct tax code

  • Government unlikely to opt for a cut in personal income tax rates

  • Needed: Lowering of personal income tax as proposed in the DTC

  • Direct Tax Code: Is this the reform market is waiting for?

  • Direct Tax Code | A transformative story for India’s taxation

  • Budget 2019 | Direct tax reforms – It’s a case of now or never!

  • Focus on direct tax reforms as panel set to submit report

  • Manifestos: A look at how both BJP and Congress are trying to woo middle-class voters with tax proposals

  • New direct tax code may have to wait until 2020

  • Panel on income tax reforms to submit report in a few days; implementation may spill over to next year

  • New direct tax code may have to wait until 2019

  • Govt optimistic about GST roll out from Apr 2016: Rev Secy

  • Mauritius-routed global investments into India dips to 15%

  • Empty realty spaces profitable no more! DTC plugs loopholes

    Till now all these investors only factored in a capital gains tax and a one percent TDS for properties above Rs 50 lakh that was only recently introduced in this year‘s Budget.

  • GST dispute resolution body to be set up: FM Advisor

    The Parliamentary Standing Committee on GST had submitted its report on August 7 and dealt with a number of issues

  • DTC Bill may slap 35% new tax on super rich: Sources

    The cabinet is all set to consider the revised direct tax code (DTC) Bill soon. No change is likely in the tax exemption limit, but the bill proposes a new 35 percent tax slab for people with income exceeding Rs 10 crore per annum.

  • Parliament likely to debate DTC in Monsoon session

    The Finance Ministry may table the Direct Tax Code in the monsoon session of the Parliament. The code seeks the hike of income tax exemption and savings reduction limit.

  • Invest in India infra only if brave or stupid: Ashok Wadhwa

    CNBC-TV18's Senthil Chengalvarayan caught up with Wadhwa to find out his views on the economy and the road ahead for Indian equities.

  • Final DTC to see tweaks in Wealth tax, I-T slabs: Sources

    The new or revised direct tax code bill being worked upon by the finance ministry currently will see key changes in wealth tax, IT slabs and definition of non profit organization, sources from Central Bureau of Direct Taxes (CBDT) informed.

  • Revert to old draft not possible; DTC, GST by 2014: Shome

    Last week Parthasarathi Shome, Advisor to the finance minister informed that the finance minister wants to place the ‘DTC (direct tax code) Bill‘ in Parliament by the end of this Budget session in May. DTC is a major attempt to simplify the Income Tax (I-T) rules.

  • Budget 2013: DTC still work-in-progress; to be tabled in Budget session

    In his Budget speech, Finance Minister P Chidambaram today said that the Direct Tax Code will be introduced in the Budget session of Parliament.

  • Raise tax exemption limit to Rs 300000, say professionals

    Professionals are clamouring for a rise in current tax exemption limit of Rs 200000 to atleast Rs 300000 in line with the inflation, so that monthly disposable income is slightly higher.

  • New direct tax code, hike in indirect taxes likely: Sources

    Parthasarathi Shome, key member of the Finance Minister's budget team today hinted at a hike in indirect tax rates to 14% even as the Finance Ministry works on a new direct taxes code.

  • ELSS - An ideal instrument for tax saving

    ELSS is one of the most popular Sec 80C investments wherein investors enjoy both the benefits of capital appreciation, as well as tax benefits. With the financial year coming to a close and sentiments towards equity markets turning positive, investments in ELSS are on the rise. Read this space to know more about this tax saving instrument.

  • DTC effects on ELSS Funds

    Once the DTC kicks in ELSS will lose its tax benefit. This has raised concerns among investors who are already invested or wish to invest in ELSS. While some of the concerns are genuine, others show that the product is simply misunderstood. Financial expert Manshu Verma enlightens on the effects of DTC on ELSS to help investors understand better.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347