Direct Taxes Code for public discussion The Direct Taxes code (DTC) is ready and it will be placed on the website for a public discussion Direct Taxes Code (DTC) to be put on the website of the ministry for public discussion While presenting the Inerim Budget 204-15 in Parliament, Finance Minister P.Chidambaram said the Direct … Read more
No income Tax on Salaried Class – BJP ‘BJP vision panel may propose no income tax on salaried class’ Senior BJP leader Subramanian Swamy today said his party’s vision committee might propose either “no income tax” on the service class or give full tax exemption on their net savings. “The party’s vision committee headed by … Read more
Clarification regarding scope of additional income-tax on distributed Income under section 115R of the Income-tax Act -regarding. Circular No. 6 /2014 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 11th of February, 2014. Subject: – Clarification regarding scope of additional income-tax on distributed … Read more