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Top 10 biz headlines: Direct tax code, GST evasion, RCom dues, and more

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income-tax department

There has been a 25 per cent increase in e-returns filed this year at 27.9 million

BS Web Team New Delhi
Finance Ministry asks direct tax code panel to revise existing I-T slabs

The finance ministry has asked the direct tax code (DTC) panel to revise the existing income-tax (I-T) slabs, especially in the 20 per cent bracket, said a senior government official privy to the development. The panel has sought three months to incorporate the suggestions.

This suggestion was given when the task force for re-writing direct tax legislation met Finance Minister Arun Jaitley on Wednesday, a day ahead of the scheduled submission of the DTC draft report. Read more here

SBI has found fraud worth Rs

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First Published: Feb 28 2019 | 6:14 AM IST

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