Govt kicks off direct tax code revision
The Narendra Modi government, if voted back to power, will implement the long-delayed Direct Taxes Code (DTC) on a priority basis, official sources said, adding that discussions were already underway in the finance ministry in this regard. Initiation of the law-making process has been included as part of the agenda for the Modi 3.0 government after directions from the prime minister, the sources said, requesting anonymity.