Direct Tax Code

Finance Minister brews second round of tax reforms

Fresh tax revisions aim to attract investments from foreign firms excluded from benefits of corporate tax cut in July

published on : 4th November 2019

Banking, FMCG to benefit from corporation tax cut while pharma, IT to remain untouched: Report

The immediate benefit is increased cash flows to corporate India that will be either channelised into debt reduction or incremental investments in increasing capacity.

published on : 22nd September 2019

Government reworking its strategy to enhance direct tax mop-up: CBDT

CBDT member Akhilesh Ranjan said that the government has set a direct tax collection target of Rs 13.35 lakh crore for the current fiscal.

published on : 19th September 2019

MAT, DDT may be tweaked in new Direct Tax Code

The tax panel was initially supposed to submit its report by May 22, 2018, but this was further extended till August 22.

published on : 20th August 2019

Direct tax code to rationalise tax incentives

While double taxation may be done away with, the new code will also seek rationalisation of tax incentives as the tax give-aways from such incentives account for 5-6 per cent of GDP.

published on : 30th July 2019