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Query of Capital Gain

New Direct Tax Code 813 views 2 replies

hiiiiiii friends, i have query regarding Capital Gain... i read in local newspaper that flat rate on capital gain has been removed & now capital gain wud be added in gorss total income & accordingly tax on capital gain wud be chargeble @ 30% slab rate... & 1 more thing, what is New Direct Tax Code??? can any1 suggest me... thanx in advance....

Replies (2)

What u r saying is still proposed and it will be approved soon. For information on DT code, just download the presention uploaded by me in the Forum-Income tax-Direct Tax code.

Originally posted by :Uday Kiran
" It is only a proposal in proposed direct tax code it has to be passed by parliament to become effective "


 


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