TMI BlogWork on the Direct Taxes Code (DTC) in ProgressX X X X Extracts X X X X X X X X Extracts X X X X ..... Work on the Direct Taxes Code (DTC) in Progress X X X X Extracts X X X X X X X X Extracts X X X X ..... ing 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... compatible 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 recomme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndations. The Finance Minister said that he shall endeavour to bring the Bill back to the House before the end of the Budget Session.
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DSM/RC/nb/30
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