https://www.taxtmi.com/news?id=1265 The summary addresses enactment and timing of the Direct Taxes Code, intended to replace and simplify the Income Tax Act, 1961. The draft is under parliamentary review, and the government expects committee comments and legislative approval in the coming fiscal cycle to allow commencement of the DTC by the planned implementation date, following a formally announced one-year postponement. en-us Fri, 29 Oct 2010 23:09:41 +0530 Fri, 29 Oct 2010 23:09:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1265 The summary addresses enactment and timing of the Direct Taxes Code, intended to replace and simplify the Income Tax Act, 1961. The draft is under parliamentary review, and the government expects committee comments and legislative approval in the coming fiscal cycle to allow commencement of the DTC by the planned implementation date, following a formally announced one-year postponement. News - Fri, 29 Oct 2010 23:09:41 +0530 https://www.taxtmi.com/news?id=1265