tax-code - Latest News on tax-code | Read Breaking News on Zee News

US still in fiscal deadlock, but glimmers of hope emerge

Last Updated: Tuesday, October 08, 2013, 08:55

A few faint glimmers of hope surfaced on Monday in the US fiscal standoff, both in Congress and at the White House, with President Barack Obama saying he would accept a short-term increase in the nation's borrowing authority to avoid a default.

Assocham suggests a slew of measures to boost economy

Last Updated: Thursday, September 05, 2013, 21:24

Industry body Assocham Thursday suggested that the government raise investment in agriculture, cut back on subsidies, aggressively disinvest and roll out tax reforms like DTC and GST to revive economic growth.

Process to roll out Direct Tax Code on: Parthasarathi Shome

Last Updated: Friday, August 30, 2013, 18:11

The process to roll out the Direct Tax Code is "on" and the government has now prepared a draft with comments made by industry and it is being examined by various Ministries, Parthasarathi Shome, Adviser to Finance Minister, said Friday.

FinMin asked to ensure NMIZ units enjoy tax sops post-DTC

Last Updated: Tuesday, July 23, 2013, 19:46

Seeking to give a push to the manufacturing sector, Commerce and Industry Ministry on Tuesday asked its finance counterpart to incorporate provisions concerning exemption to units in NMIZs from capital gains tax in the Direct Tax Code (DTC) Bill.

DTC bill to be introduced in Budget session: FM

Last Updated: Saturday, March 09, 2013, 22:48

Finance Minister P Chidambaram Friday said the government wants to introduce the Direct Tax Code (DTC) bill in the Budget session of Parliament.

Direct tax code needs to go back to drawing board: Shome

Last Updated: Thursday, October 11, 2012, 23:58

Hinting that the central government would not be able to introduce the direct tax code (DTC) by April 2013, Parthasarathi Shome, who heads the high-powered committee on GAAR, said it needs to go back to the drawing board as some changes are required.

Time for second stage of economic reforms: Praful Patel

Last Updated: Thursday, October 11, 2012, 14:57

Union Heavy Industries Minister Praful Patel has said the time is ripe for second stage of economic reforms such as the introduction of Direct Tax Code among other measures with an emphasis to tame inflation.

DTC Bill to be introduced in Monsoon Session: Pranab

Last Updated: Tuesday, May 15, 2012, 13:30

The Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50 year-old Income-tax laws, will be brought in Parliament in the monsoon session and most of the recommendations of the Standing Committee will be accepted.

Govt sets up study group on CTC for common service tax, excise

Last Updated: Monday, April 09, 2012, 19:02

The Finance Ministry Monday set up a study group to look into the possibility of a Common Tax Code (CTC) for service tax and central excise duty.

FinMin to set up expert group on common tax code

Last Updated: Tuesday, March 20, 2012, 22:22

The Finance Ministry will set up a study group to see the feasibility of common tax code for goods and services as it moves towards introducing India's major indirect tax reform.

FinMin to set up expert group on common tax code

Last Updated: Tuesday, March 20, 2012, 22:22

The Finance Ministry will set up a study group to see the feasibility of common tax code for goods and services as it moves towards introducing India's major indirect tax reform.

Direct, indirect tax reforms to miss deadline: Mukherjee

Last Updated: Friday, March 16, 2012, 13:19

Implementation of the Direct Tax Code (DTC), the proposed reforms in the direct tax system, will miss the deadline of April 1, 2012, Finance Minister Pranab Mukherjee said Friday.