Government to introduce DTC in Parliament.

By bne IntelliNews August 26, 2010
The Indian government is planning to introduce the Direct Taxes Code (DTC) in the monsoon session of Parliament. As reported by Asia in Focus, the DTC, which includes several tax reform measures, will replace the Income Tax Act 1961. The government came out with a revised DTC draft in June this year after holding discussion with the industry and other stakeholders.

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