Will FM tinker with direct tax rate structure in Budget?
February, 25th 2013
India has seen stabilisation of direct tax rate structure in last decade and a half. However many believe that the Finance Minister may tinker with the tax rate architecture of 10-20-30 percent as the demand for taxing the super rich is growing.
Siddharth Zarabi of CNBC TV18 in a panel discussion with leading industry experts focuses on the Budget expectations for India's direct tax architecture including the rates for Corporation Tax, Personal Income Tax (PIT), Wealth Tax as well as the proposed Direct Taxes Code (DTC).
The eminent panel includes Vivek Mehra, Executive Director - Tax and Regulatory Services, PwC India, Ganesh Raj Senior Partner, Ernst & Young and Uday Ved, Senior Partner Tax, KPMG India.