Direct tax | Direct tax News | Direct tax Photos

Web Sify

Sify.com » Topics » Direct tax

Direct tax News

House panel to suggest wider personal I-T slabs
A Parliamentary panel is set to recommend sweeping changes to the personal income tax slabs proposed by the Direct Taxes Code (DTC) Bill. A draft report prepared by the standing committee on finance suggests increasing the exemption limit to Rs 3 lakh, against Rs 2 lakh proposed by the bill. The committee, chaired by Bharatiya Janata Party leader and former finance minister Yashwant Sinha, wanted annual

Mixed views on Shome's tax proposals

A slew of recommendations for major changes in the country’s tax administration system, made by eminent economist Parthasarathi Shome in his latest book, evoked divergent views from experts

more

Parliament panel moots wider slabs for personal income tax

A parliamentary panel is set to recommend sweeping changes in personal income tax slabs proposed in the Direct Taxes Code (DTC) Bill. A draft report prepared by Parliament’s standing

more

Muslim religious bodies oppose DTC bill

Muslim religious organisations are up in arms against the Direct Taxes Code (DTC) Bill, alleging the UPA government wanted to "tax the house of god – temple, church, masjids and imambaras". At a

more

PAN will be most potent tool against tax evasion: I-T Dept

New Delhi: Come next financial year, the PAN card is likely to become the most potent tool for the Income Tax Department to unearth black money, tax evasion and instances of criminal financing in the

more

Need for business certainty: Crucial takeaway from SC

The Indian tax and corporate advisory ecosystem is in a flurry of intense activity. The Supreme Court has decisively and emphatically rejected the claim of the income-tax department that a transfer

more

Direct tax Galleries