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Direct Tax »
 Companies may have to submit income estimates by 15 November
 CBDT proposal on advance estimates of tax liability irks industry
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 Companies may have to furnish Apr-Sept income estimates to I-T dept
 CBDT working on a draft rule that makes it compulsory for companies to provide income estimates by Nov 15
 Companies, HNIs may soon have to specify reason for paying less advance tax than previous year
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 CBEC tells field officers to take GST disputes to Supreme Court
 Jurisdiction-free income-tax assessment on the cards
 CBDT asks I-T department to take urgent steps
 TDS on interest on deposits made under the Capital Gains Accounts Scheme, 1988 where the depositor has deceased

Cabinet To Discuss Direct Tax Code Bill Today
August, 26th 2010

India's federal cabinet will Thursday discuss the direct tax code bill, which seeks to make sweeping changes to corporate and personal income tax structures, the junior minister for finance said.

"If the cabinet approves the bill, it will be introduced in parliament on Monday," S.S. Palani Manickam told Dow Jones Newswires.

The government unveiled the initial draft bill last August and sought suggestions from experts in a discussion paper that was launched in June.

 
 
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