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Apr 18, 2014
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DTC’s dividend slip
The Direct Taxes Code (DTC) is, by now, a well-known concept to India Inc and the tax professional fraternity as it has been a matter of discussion and debate for almost six years now. The finance ministry released the revised draft—the Direct Taxes Code, 2013—for public discussion and comments in the first week of this month. DTC 2013, set to replace the half-a-century-old Income-Tax Act, has been in the news since 2009; but the latest draft came weeks before the ongoing general election, raising the prospect of the document being junked when a new finance minister takes charge next month.
Source -
http://www.financialexpress.com
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