Money Saver India

DTC Bill deferred

The Cabinet on Thursday deferred the much-awaited Direct Taxes Code Bill, presumably because a proposal to levy a super-rich tax on those earning above Rs10 crore yearly did not find favour with some senior officials.

The Cabinet on Thursday deferred the much-awaited Direct Taxes Code Bill, presumably because a proposal to levy a super-rich tax on those earning above Rs10 crore yearly did not find favour with some senior officials. Go here for more.

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