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New Direct Taxes Code to be introduced in 2011: Pranab

New Delhi: The government will introduce the Direct Taxes Code (DTC) by April 2011 after examining thoroughly seven proposals such as taxing savings schemes and clamping the Minimum Alternate Tax (MAT) on gross assets that have not found favour with the industry, trade and people at large. After an interaction with industry chambers here on Friday, finance minister Pranab Mukherjee said, &ld

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