New Direct Tax Code: Has it lost its original benefits?

Lost benefits

The new DTC bill has been tabled in the parliament on Monday.

What was initially proposed was so strikingly dynamic that it was expected to introduce a sea change in the whole taxation system.

However, what is now going to be sent to the parliament has been edited in so many ways that it will not translate to much, feel most salaried tax payers.


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Images courtesy: Reuters / AP / AFP

Also see: Tax special