Decoding Direct Tax Code

With the government unveiling the new Direct Tax Code, we look at how the new tax provisions will affect your wallet.

`BPOs to be taxed under new government code`

Business Processing Outsourcing (BPO) centres in India would be subjected to taxation under the new proposed Direct Tax Code (DTC) but some clarifications, especially on double taxation, were still needed, an expert said.

Bills on GST, direct tax code likely in winter session

Several important economic Bills that will pave way for introduction of Goods and Services Tax, Direct Taxes Code and empower the Reserve Bank to supercede erring boards of private sector banks.

New direct tax code: Commerce Ministry bats for SEZs

Commerce ministry has written to Finance Ministry to retain all the fiscal incentives for the Special Economic Zones in the new direct tax code, for which draft paper has been circulated in the public domain.

Mukherjee to discuss direct tax code with biz chambers

Finance Minister Pranab Mukherjee will meet leading industry chambers here on October 9 to discuss issues arising out of the proposed new direct tax regime.

Taxmen feel that DTC may lead to loss of Rs 55,000-crore

Critical of the proposed Direct Tax Code (DTC), senior Income Tax officials feared that it may result in an annual revenue loss of Rs 55,000-crore and that it was not revenue-neutral as made out to be.