Expanding the tax base

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  • Income Tax Act 1961, Income Tax Act 1961, direct tax code set for 2013, Expanding the tax base

    Direct Tax Code set for 2013 30 January 2012

    The DTC Bill proposes to tax yearly incomes over Rs 2 lakh to Rs 5 lakh at the rate of 10 per cent, from Rs 5 lakh to Rs 10 lakh at 20 per cent and beyond Rs 10 lakh...

    Keywords: cross border transactions, Vodafone tax dispute, Income Tax Act 1961, tax rates for men and women

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