New direct tax code to benefit corporates, income tax payers2 min read . Updated: 13 May 2018, 09:51 PM IST
The proposed direct tax code, the draft of which will be ready by July, will extend 25% corporate tax rate to all firms over time and provide relief to individual income tax payers
New Delhi: Businesses and low-income earners will stand to gain the most from the new direct tax code that the government is working on, two people familiar with the matter said.
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