Advertisement

HindustanTimes Fri,11 Jul 2014

GST, DTC to usher stable regime

Mahua Venkatesh, Hindustan Times  Dubai, February 17, 2013
First Published: 21:42 IST(17/2/2013) | Last Updated: 21:43 IST(17/2/2013)

Commerce and industry minister Anand Sharma on Sunday said that investors need clarity on tax laws and once the goods and services tax (GST) and the direct taxes code (DTC) are rolled out the rough edges will be ironed out through a stable regime.

Advertisement

"The government is working on it and GST is being pushed with all sincerity," he said.

The industry's concerns over key issues, including levying a minimum alternate tax (MAT) on special economic zones (SEZs), will be addressed once GST and DTC are implemented.


Advertisement
more from Business

Jaitley woos salaried class, raises income tax exemption limit to Rs 2.5 lakh

The finance minister raised the exemption limit in personal income tax from Rs 2 lakh to Rs 2.5 lakh. He also raised the tax exemption limit for investments to Rs 1.5 lakh from the current Rs 1 lakh under Section 80C of the Income Tax Act. Full text of speech
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved