Search For "direct tax code"
Direct tax code will be released in six months for stakeholder consultatio
Updated : 1 year, 8 months ago IST
Speaking at a post-budget interaction with industry leaders, Revenue Secretary Sanjay Malhotra said on Thursday that the government is working on a revised direct tax code, which will be released in six months for wider consultations.
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Only those NRIs with income in India but living abroad will be taxed: Sith
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 2 (ANI): Finance Minister Nirmala Sitharaman on Sunday clarified that only those NRIs will be taxed who are having income in India but are living outside the country.
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Committee submits report on replacing I-T Act with Direct Tax Code
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 19 (ANI): A committee of experts headed by Central Board of Direct Taxes (CBDT) member Akhilesh Ranjan on Monday submitted its report on replacing the Income Tax Act with a new Direct Tax Code.
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Govt allows Task Force to submit report on direct tax code by Aug 16
Updated : 6 years, 7 months ago IST
New Delhi [India], July 31 (ANI): The government has allowed Task Force which was constituted in November 2017 to review existing Income-tax Act, 1961 and draft a new direct tax law, to submit its report by August 16 in the light of the fact that new members of task force requested for more
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Govt working as an accountant for every taxpayer: CBDT Chairman
Updated : 6 years, 8 months ago IST
New Delhi [India], July 6 (ANI): Pre-filled income tax returns will leverage technology, encourage compliance and make the process of filing declaration less cumbersome for a common person, the Central Board of Direct Taxes (CBDT) said on Saturday.
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CBDT expands scope of direct tax code panel
Updated : 6 years, 9 months ago IST
New Delhi [India], Jun 27 (ANI): The Central Board of Direct Taxes (CBDT) has expanded the terms of reference for the committee that has been formed to re-write the Direct Tax Code (DTC) which will simplify complex income tax laws.
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CBDT task force gets 2 month extension to draft new direct tax code
Updated : 6 years, 10 months ago IST
New Delhi [India], May 25 (ANI): Finance Minister Arun Jaitley has given the Central Board of Direct Taxes (CBDT) task force an extension of two months to draft a new Direct Tax Code which will simplify complex income tax laws.
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