16.5.12

DTC Bill

Finance minister Pranab Mukherjee said he intends to introduce the revised Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50-year-old income tax laws, in the monsoon session of Parliament.  While moving the Finance Bill in Rajya Sabha for consideration and returning, finance minister Mukherjee also said most of the recommendations of the Parliamentary standing committee headed by BJP leader Yashwant Sinha would be accepted.

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