<h1>Revised Direct Tax Code 2010 Covers Income, Capital Gains, Non-Profits, SEZs, and Anti-Avoidance Rules.</h1> The Revised Discussion Paper on the Direct Tax Code (DTC), issued on June 15, 2010, covers various aspects of taxation. It includes chapters on Minimum Alternate Tax, tax treatment of savings, taxation of income from employment, house property, and capital gains. It also addresses taxation of non-profit organizations, Special Economic Zones, and the concept of residence for foreign companies. Additionally, it discusses the Double Taxation Avoidance Agreement, wealth tax, and General Anti-Avoidance Rules. The document aims to provide a comprehensive framework for direct taxation in the country.