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Direct Taxes Code


About Direct Taxes Code

In May 2010, Union Finance Minister Pranab Mukherjee said the Government intends to introduce DTC in the forthcoming Monsoon Session of the Parliament.

Direct Taxes Code in News

Direct Tax Code likely to get delayed
Chidambaram says fresh look to DTC is needed

Mukherjee hails substantial increase in direct tax base
Finance Minister Pranab Mukherjee has said India's direct tax base vis-a-vis the country's overall economy has increased to whopping rupees five trillion.

Direct Tax Code to roll by next year, says Pranab Mukherjee
Union Finance Minister Pranab Mukherjee on Saturday said that the long-awaited Direct Tax Code (DTC) would be rolled out from next year.

Direct tax code to be made operational by next year: Pranab Mukherjee
Union Finance Minister Pranab Mukherjee on Saturday said the Direct Tax Code (DTC) would be made operational by next year.

Exemption limit for individual taxpayers raised to Rs. two lakh
The exemption limit for the general category of individual taxpayers has been enhanced to Rs. 2,00,000 from Rs. 1,80,000 in the General Budget 2012-13, presented by Union Finance Minister Pranab Mukherjee in the Lok Sabha here today.

Government keen on early enactment of Direct Taxes Code Bill
Union Finance Minister Pranab Mukherjee today expressed firm commitment to enact the Direct Taxes Code (DTC) Bill at the earliest, after expeditious examination of the report of the Parliamentary Standing Committee.

BJP calls for a meeting of its chief ministers
Senior party leaders from Bihar, Uttarakhand, Maharashtra and Rajasthan will also participate

Pranab Mukherjee claims India is still going strong
Finance Minister Pranab Mukherjee on Wednesday defended India's growth story, and said the government would like to create an atmosphere for investment.

Highlights of Union Budget 2012-13 (Part-I)
Finance Minister Pranab Mukherjee on Friday presented the Union Budget 2012-13 in Lok Sabha.

Pranab Mukherjee at Conference on "Global Economic Situation: New Order Emerging?" in Delhi Economics Conclave
Text of the Speech of Union Finance Minister, Shri Pranab Mukherjee at Conference on "Global Economic Situation: New Order Emerging?" in Delhi Economics Conclave. Following is the text of the speech delivered.

India continues to face inflation, cause for concern: Mukherjee
Union Finance Minister Pranab Mukherjee on Monday said inflation continues to remain a concern, but exuded confidence that the monetary policy of Reserve Bank of India will lead to reduction in inflation numbers in the coming months.

Mukherjee to present Budget 2011 with focus on infrastructure, tax liability
Finance Minister Pranab Mukherjee will present the Union Budget 2011-12 proposals in Parliament on Monday, and it is anticipated that its focus will be on infrastructure and tax liability.

Supreme Court to hear black money issue
The Supreme Court will on Thursday conduct a hearing in the black money case a day after the Centre notified it that the illegal money stashed in tax havens abroad will be taxable income under the Direct Taxes Code Bill.

UK continues to be a major trade, investment partner for India: Mukherjee
Stating that UK continues to be a major trade and investment partner for India, Indian Finance Minister Pranab Mukherjee on Monday said that the Indo-UK Economic and Financial Dialogue, which was established in 2005 has contributed successfully in strengthening the bilateral relationship between the two nations.

29.5 percent cumulative export growth in India between April-Dec 2010-11
The Economic Survey 2010-11, presented by Finance Minister Pranab Mukherjee in the Parliament today, states that India's cumulative export growth between April-December 2010-11 stood at 29.5 per cent with cumulative exports reaching US $ 164.7 billion during this period.

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