 "What is Direct Taxes Code")
Direct Taxes Code
What is Direct Taxes Code
Read More
Latest Updates on Direct Taxes Code
New vs old tax regime: Compute liability before making the switch
Non-investors in tax-saving instruments may opt for the new regime
 "New vs old tax regime: Compute liability before making the switch")
BS Number Wise: Tax mop up shines through fragile recovery
Direct-tax-to-GDP ratio in the first quarter of 2021-22 increased to 5.14 per cent, compared with 3.29 per cent over the last two years
 "BS Number Wise: Tax mop up shines through fragile recovery")
Many landmark decisions by Modi govt to honour honest taxpayers: Amit Shah
Amit Shah said the Narendra Modi government has taken several key decisions to empower and honour honest taxpayers and launch of 'Transparent Taxation-Honoring the Honest' is a gift to the taxpayers
 "Many landmark decisions by Modi govt to honour honest taxpayers: Amit Shah")
Happy that govt announced long-awaited taxation reform, says VP Naidu
Vice President M Venkaiah Naidu on Thursday said the "long-awaited" taxation reform announced by the government would lead to greater compliance of tax laws
 "Happy that govt announced long-awaited taxation reform, says VP Naidu")
From Finance Bill to Termination of Pregnancy, Bills passed by Parliament
Here are a few Bills passed by Parliament in the Budget session
 "From Finance Bill to Termination of Pregnancy, Bills passed by Parliament")
FM reaches out to CAs to promote Vivad se Vishwas scheme to resolve cases
Addressing CAs at an, Sitharaman said they should work hard to make the scheme successful
 "FM reaches out to CAs to promote Vivad se Vishwas scheme to resolve cases")
Parliament approves direct tax Vivad Se Vishwas Bill by voice vote
The Direct Tax Vivad Se Vishwas Bill was passed by voice vote and returned by Rajya Sabha as it was a money bill. It was approved by Lok Sabha on March 4
 "Parliament approves direct tax Vivad Se Vishwas Bill by voice vote")
'Too radical': Centre likely to implement direct tax code in parts
The new income tax regime is modelled on the task force's recommendations
 "'Too radical': Centre likely to implement direct tax code in parts")
Budget wishlist: Insurance industry expecting more tax incentives
Life Insurance Council has sought a separate deduction in personal taxes or an increase in the present limit for the premium paid for individual life policies
 "Budget wishlist: Insurance industry expecting more tax incentives")
Direct Tax Code 2.0: Task force for big relief to individual taxpayers
Income tax payers earning up to Rs 55 lakh per annum may end up with a major tax relief
 "Direct Tax Code 2.0: Task force for big relief to individual taxpayers")
Direct tax committee calls for major changes to reassessment rules
The panel had also incorporated some suggestions of the previous Arbind Modi committee
 "Direct tax committee calls for major changes to reassessment rules")
Committee submits report on replacing I-T Act with Direct Tax Code
The recommendations made by task force headed by CBDT member Akhilesh Ranjan have not been made public.
 "Committee submits report on replacing I-T Act with Direct Tax Code")
