Predicting the future is always hazardous and subject to the risk of errors, more so when it comes to what changes to expect in our tax laws. Most people may think that at least this year, the expectations would be clear as the direct taxes code (DTC) would come into effect from April. However, given the current position, the DTC tops the list of what not to expect in 2012.
http://www.livemint.com/2012/01/04205104/What-to-expect-on-the-personal.html?h=D
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