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DTC to come into force from next fiscal, says Pranab

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Finance Minister Pranab Mukherjee on Wednesday expressed the hope that the Direct Taxes Code (DTC), which seeks to modernise tax laws in the country, will come into force from April 1, 2012.

"The

Direct tax revenue up by 17.2 percent in the first half

The country's direct tax collection has gone up by 17.2 percent in the first half of the current fiscal to around Rs.200,000 crore, touching 47 percent of the budgetary target, Revenue Secretary Sunil

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