Orbitax
The Direct Taxes Code Bill, 2009 (DTC) released by the Ministry of Finance on 12 August 2009 contains proposed amendments to the direct tax regime. Details of the key amendments are summarized below. If enacted, the DTC will come into force from 1 April 2011.
Corporate tax
| - | corporate income tax will be reduced to 25%; | |
| - | the rate of tax for forei… |
Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.
Free trial available. Cancel anytime. Free Orbitax account required.
Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.