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Tag Archives: direct tax code
New Direct Tax Code & Personal Income Tax
Personal income tax in India is one of the highest in the world. The new Direct Tax Code (DTC) aims at reducing the tax burden of salaried people as also… Read more
Income Tax on Capital Gains
The Income Tax Act specifies that gains/profits that result from the transfer of capital assets are liable to be taxed as income. To understand the concept of tax on capital… Read more
