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Dtc Draft Law

Taxing digital giants: India wants to wait until 2020 for a global solution

DTC panel makes no sweeping suggestion on it; any possible govt action only in 2020

Taxing digital giants: India wants to wait until 2020 for a global solution
Updated On : 29 Aug 2019 | 10:36 PM IST

Task force recommends four far-reaching changes in Income Tax law

Suggests rejig in tax slabs, with some relief for those earning up to Rs 55 lakh a year; Corporation tax rate may come to 25% for all; DDT may go, procedures for dispute settlement may be streamlined

Task force recommends four far-reaching changes in Income Tax law
Updated On : 28 Aug 2019 | 4:09 PM IST

Direct Taxes Code panel for status quo on LTCG tax, STT; wants DDT to go

Suggests rejig of 20% and 30% slabs of personal income tax

Direct Taxes Code panel for status quo on LTCG tax, STT; wants DDT to go
Updated On : 28 Aug 2019 | 1:23 AM IST

Direct taxes code draft law is likely to seek less power for the taxman

One of the biggest changes the draft law could propose is to do away with jurisdiction-based assessment and replace it with specialised teams of direct tax officials assessing specific cases

Direct taxes code draft law is likely to seek less power for the taxman
Updated On : 25 Sep 2018 | 7:23 AM IST