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Budget 2010: How the new tax code affects you
February, 04th 2010

The New Direct Tax Code is proposed to be implemented from the year 2011. For its smooth implementation, changes in the present system have to be made on an ongoing basis.

The forthcoming budget may thus be expected to bring about some of the changes for a smoother transition.

This article will focus on the impact of the forthcoming budget and the New Direct Tax code with respect to individuals only.

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