The tax proposals in the Union Budget 2013-14
are in tandem with the objectives as stated by
the Finance Minister in his Budget Speech,
namely, to ensure clarity in tax laws, a stable tax regime,
a non-adversarial tax administration etc. The Finance
Minister has endeavored to table the Direct Taxes Code
Bill before the end of the Budget Session. The Bill is
expected to give due weightage to the recommendations
of the Parliamentary Standing Committee on Finance
and incorporate the best global practices.
