India’s New Direct Tax Code Bill

The Indian Finance Minister Shri Pranab Mukherjee has introduced the Direct Tax Code Bill which is a complete disappointment. The Government did away from the drastic changes proposed in the initial draft 12 months ago and has just enhanced exemption limits and some window dressing with new flexible legislative powers in the hands of finance Ministry. Dalal Street Investment Journal has the First and Best Review with the DTC Bill Made Available for Download.