Q.
What is DTC ? when it is going to be implemented India ?
Asked by joyesh chakraborty,
05 Sep '10 03:26 pm
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Answers (5)
1.
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More NRIs may fall under the tax net if the Direct Taxes Code (DTC) Bill proposal to impose a levy on their global income if they stay in India for more than 60 days in a year is approved by Parliament.
Answered by LIPSIKA, 05 Sep '10 03:32 pm
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Direct taxes code- for NRI who stay in india 60 days in a year- it is only a proposal-the bill will have to passed for implementation.
Answered by tinamohamedali, 05 Sep '10 03:29 pm
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DTC is called Direct Taxes Codes. IT is supposed to be implemented w.e.f 01 04 2012. ( if at all this happens and the law is passed by parliament, both lok sabha and rajya sabha
Answered by iqbal seth, 05 Sep '10 04:11 pm
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