Comments on: Direct Tax Code (DTC): Highlights and Impact

By: prashant

prashant — Mon, 06 Jul 2015 09:43:53 +0000

Which of the following will now be replaced by the new direct tax code?

By: mayank sharma

mayank sharma — Tue, 27 Aug 2013 18:41:38 +0000

Q Can u tell me what are the major changes brought about in DTC bill 2009 and present ?

By: Pankaj Batra

Pankaj Batra — Sat, 29 Jun 2013 08:51:30 +0000

In reply to Jaiprakash Agarwal.

@Jaiprakash
You need to put medical allowance under Row 21 (Medical Reimbursement row)

By: Jaiprakash Agarwal

Jaiprakash Agarwal — Fri, 14 Jun 2013 11:42:03 +0000

where I Put the Medical Allowance in income tax calculation in f.y.2013-14 of pankaj batra .com Excel Sheet.

Please repy.

By: Pankaj Batra

Pankaj Batra — Tue, 19 Mar 2013 09:45:25 +0000

In reply to sundar.

@Sundar
Can’t say when it would be implemented as it would need to be passed in parliament as law first.

By: sundar

sundar — Sat, 16 Mar 2013 10:31:20 +0000

The FM said during Budget speech that DTC is with Standing Committee and will be implemented from April 1,2013.
Any idea :
1) If it will be implemented from April 1,2013
and
2) Residency norms for NRI’s

Regards
Sundar

By: Pankaj Batra

Pankaj Batra — Mon, 25 Feb 2013 10:44:21 +0000

In reply to Nitin.

@Nitin
Your query has already been answered on SocialFinance: http://www.socialfinance.in/questions/4140/query-for-a-new-sip-investment

By: Nitin

Nitin — Fri, 22 Feb 2013 15:54:21 +0000

Hi Pankaj,

I’m currently investing a SIP of 2000 each in the following:
DSP Blackrock Eop 100 Equity fund, HDFC Top 200 fund, HDFC Equity fund and IDFC Premier Equity fund.
Now I want to have a new SIP for our newborn baby. Could you please suggest some good options for the same.

I don’t want to invest in any tax saving scheme as I already have the 80C deduction for my home loan principal amount.

Thanks,
Nitin

By: Pankaj Batra

Pankaj Batra — Fri, 10 Aug 2012 08:00:59 +0000

In reply to Mrs.Saraf.

@Mrs Saraf
Withdarwals from NPS tier1 account would be tax free even after DTC also.

By: Mrs.Saraf

Mrs.Saraf — Fri, 10 Aug 2012 07:59:06 +0000

hello mr.pankaj,
if i open a NPS account today, will the withdrawals be tax free after application of DTC?