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Discussion > Income Tax > New Direct Tax Code >

Dtc

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Chartered Accountant

[ Scorecard : 2610] 		Posted On 07 December 2011 at 19:07 Report Abuse

 

India will roll out a long-awaited direct tax code, aimed at simplifying archaic tax laws, on April 1, 2012, television channels reported Finance Minister Pranab Mukherjee as saying on Wednesday.

The code intends to cut tax rates to bring more people and companies under the tax net, phase out profit-linked exemptions for companies and replace them with investment-linked incentives.

Devender Chauhan
Learner

[ Scorecard : 1490] 		Posted On 07 December 2011 at 19:21

Thanks 4 sharing....


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