Direct Tax code bill 2010-2011

The Finance minister
proposed new direct tax code in the parliament in FY 2010.It will be effective from 1st
April 2011.



Theme of the direct tax code bill:

1) Less investment instruments so less confusion for tax payers to invest and get tax exemptions.

2) Invest in long term
investment instruments to get tax exemptions.

3) Opt for term insurance
for higher converge for dependants (More