tax slabs

At present, the Goods and Services Tax regime is a four-tier structure, with tax rates of 5%, 2%, 18% and 28%. In a recent development, sources cited on Sunday that in the upcoming GST Council meeting, the members could discuss raising…

Pranab Mukherjee is done with his job of presenting the Union Budget 2011 in the Lok Sabha. The budget seems to have succeeded in fighting all populist forces – be it fiscal housekeeping, a much-needed push to the reforms initiative or an…

The much-awaited revised discussion paper on the Direct Tax Code (DTC) is set in the public domain by the Manmohan Singh government. The earlier discussion paper on the Direct Tax Code Bill was released in August 2009 to receive public…