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Direct Tax »
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 To avoid double-taxation CBDT says no tax at upstream foreign fund if local fund paid already

Know the good and not so good features of Direct Tax Code
September, 06th 2011

Since the start of your professional life your well wishers including family members and friends might have told you, "Work Hard and Earn More".

You possibly made it the mantra of your life but the day you received your pan card and approached the income tax department, the mantra started to sound like a myth after your rendezvous with the demon called Income Tax.

Now the mantra caption sounds like "Work Hard and Earn More to Pay More in Taxes".

 
 
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