Work on the Direct Taxes Code (DTC) in Progress

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....ork on the Direct Taxes Code (DTC) in Progress <br>Budget<br>Dated:- 28-2-2013<br><BR>The Finance Minister Shri P.Chidambaram has said that the work on Direct Taxes Code (DTC) is in progress. Presenti....

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....ng the Union Budget in the Lok Sabha today, he said that the DTC is not intended to be an amended version of the Income-Tax Act, 1961 but a new code based on the international practices that will be c....

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....ompatible with the needs of a fast developing economy. Shri Chidambaram further added that the Standing Committee on Finance had submitted its report and Ministry of Finance is examining the recommen....

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....dations. The Finance Minister said that he shall endeavour to bring the Bill back to the House before the end of the Budget Session. *** DSM/RC/nb/30 (Release ID :92751)<BR> News - Press release -....

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.... PIB....