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17
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As per the existing Income Tax laws, an NRI is liable to pay tax on global income if he is in India in that year for a period or periods amounting to 182 days. Read More

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11
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ET outlines some factors related to the real estate sector in the revised DTC. Read More

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10
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Broadly, the rules are in sync with the present system of taxation, but one has to wait till April 2012 to see how it unfolds for the actual users as well as investors. Read More

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5
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The new direct taxes code has provisions to restrain public sector undertakings and the tax department from taking their disputes beyond a certain level, a move aimed at curbing wasteful litigation. Read More

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20
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New Direct taxes code does away with a provision that allowed individuals to escape tax in any country citing double tax avoidance. Read More

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9
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In an attempt to retain some popular exemptions and deductions, the initially proposed slab rates have been rationalised downwards. Read More

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8
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The government may allow the Leave Travel Allowance (LTA) to be exempted from taxation once the Direct Tax Code (DTC) comes into effect. Read More

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6
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Savings avenues like ELSS & bank term deposits, would not be eligible for deduction under DTC. Read More

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