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DTC 2009 unveiled in August 2009
The Government received over 1,600 representations on DTC 2009
RDP released in June 2010 on 11 specific issues
DTC 2010 tabled in the Lok Sabha on 30 August 2010
DTC 2010 to cost the Exchequer revenue loss of INR 531,720 Million on reduced rates
After clearance from the Parliamentary Standing Committee, the Bill may be passed inthe Winter Session
The DTC 2010 to be effective from FY commencing 1 April 2012
319 Sections and 22 Schedules in DTC 2010vis-à-vis298 Sections and 14 Schedules in the ITASimplified Legislation ?