Cabinet may take up Direct Taxes Code Bill today

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.

Pranab to examine DTC proposals on taxing savings, MAT

Finance Minister Pranab Mukherjee on Friday promised to examine in detail seven critical proposals of the Direct Taxes Code (DTC).

Pranab seeks to allay concerns over Direct Taxes Code

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.

Govt moots new tax law; 10% tax upto Rs 10 lakh

FM Pranab Mukherjee released the draft of the `Direct Taxes Code`on Wednesday.