Direct Tax

Direct Tax Code version 2.0: Reinventing the wheel?

"The proposed direct tax legislation should lay the ground for a much-simplified tax regime. The focus should be on reduction in the effective tax rate, easing out administrative burden and reducing the litigation on contentious issues where sufficient judicial or administrative guidance is available."

Vikas Vasal
Partner, Grant Thornton India LLP

This article appeared in Business Standard on 27th November, 2017.