Direct tax code: Baby steps forward (The Economic Times)

The reported recommendations of the Akhilesh Ranjan led task force on the Direct Tax Code — to lower the corporate tax rate to 25% for domestic and foreign companies, widen the personal income-tax bands and remove surcharges — are welcome in their direction but fall short of a radical overhaul of the tax system. Corporate…

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Updated: August 21, 2019 — 3:56 PM