sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Direct Tax »
 Taxman lists non-filers who carried out high-value transactions in FY19
  CBDT breather soon on past angel tax demands
 Why you should choose your tax saving options wisely
 CBDT breather soon on past angel tax demands
 Infosys-built system to cut tax return processing time to 24 hours by 2020
 Notification No. 04/2019-Central Board of Indirect Taxes and Customs
 Income tax exemption limit likely to be increased to Rs 5 lakh
 Bringing back the local in the national tax regime
 CBDT chief cautions I-T officials about direct tax collection growth rate
 No TDS for long-term property lease premium, says Mumbaiā€™s Income-tax Appellate Tribunal
 Bansal Overseas 121 KM Stone, Near Namastesy Chowk, G. T. Road Karnal vs. ACIT Karnal Circle, Aayakar Bhawan, Sector- 12, Urban Estate Karnal

Direct Taxes Code Bill has lapsed
December, 09th 2014

The Direct Taxes Code (DTC) Bill 2010 has lapsed with the dissolution of the 15th Lok Sabha, Parliament was informed on Friday.

Finance Minister Arun Jaitley conveyed this to the Lower House in a written reply in response to a question on whether DTC implementation would make avoiding tax tougher for foreign companies.

The Modi-led Government—which has completed six months in office-- is yet to take a call on whether a new Bill to replace the existing income tax law need to be introduced or not.

While the new Government is keen to fast tract goods and services tax (GST) implementation, it is not showing any urgency when it came to enacting a new income tax law.

The erstwhile UPA regime had in August 2010 introduced the Direct Taxes Code (DTC) Bill.

Billed as one of the significant tax reforms initiated by the UPA regime, the Direct Taxes Code Bill 2010 sought to usher in a new income tax code for the country.

Along with goods and services tax (GST) introduction, enactment of a new income tax law topped the reform agenda of the erstwhile UPA regime.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Contact Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions