The Cabinet on Thursday deferred the much-awaited Direct Taxes Code (DTC) Bill, presumably because a proposal to levy a super-rich tax on those earning above Rs 10 crore yearly did not find favor with some senior officials. Planning Commission officials, apparently, took up with Prime Minister Manmohan Singh the proposal to impose the super-rich tax, […]
Read More
The Union Cabinet has ‘postponed’ considering official amendments to the Direct Taxes Code (DTC). With this, there is little chance of bringing the code back to Parliament for consideration and passage during the ongoing session. Although no official reason was given for the postponement, Government sources said the Prime Minister’s Office had raised some questions, […]
Read More
In our opinion, the new Direct Taxes Code is not going to serve the purpose additionally than the existing Income Tax Act. Except creating confusion. It is better if some unwarranted, ambiguity provisions, of the existing Income Tax Act.1961 may be deleted, modified. There are ample provisions to cover many types of situations of ‘RIGHT […]
Read More
Every student has to know the following minimum IT related software’s during the period of education itself. The student should have education, training and experience before attending first interview for job: MS Office 2007 version. Internet concepts – latest version – at least 8 version. Account versions – 9.0 ERP Tally. Typing skills – at […]
Read More