The Finance Minister, Mr Pranab Mukherjee, has said the Direct Taxes Code (DTC), which will replace the Income-Tax Act, is proposed to be implemented from April 1, 2012. "... The code is proposed to ...
The Direct Tax Code (DTC) is a proposed reform to the Income Tax Act, 1961 (representational) A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
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