If introduced in the Monsoon Session, the DTC Bill will be referred to a Parliamentary Standing Committee on finance and may be passed during the Winter Session to make the reforms effective from the deadline next year.
Finance Minister Pranab Mukherjee on Friday promised to examine in detail seven critical proposals of the Direct Taxes Code (DTC).
Finance Minister Pranab Mukherjee on Saturday said changes in MAT is necessary considering big revenue loss due to lowering of both personal and corporate income tax rates in the Code.
FM Pranab Mukherjee released the draft of the `Direct Taxes Code`on Wednesday.
Day in Pics: 19th December
Showbiz World - December 19, 2014
People Magazine Awards 2014