DTC by Frontdoor or Backdoor?

Will the Direct Taxes Code (DTC) make it to the Budget later this week or we will see bits and pieces as some of us had been suspecting? The recommendations of the Parliamentary Standing Committee is now out. Call it the perils of living in a democracy that we have had to wait almost two years to reach where we have now. The delay has meant that many of the original recommendations such as that of slabs individual taxes look less attractive that what they would have thanks to high inflation. By telling the world that tax reforms are being pushed via application of DTC might shore up sentiments. This also gives some momentum to implement the indirect taxes reforms by applying the GST regime which according to some, will not see the light of the day till end-2013. Will the government take the plunge? Well, we all know that government decision making is not necessarily dictated by economic rationale that makes sense to many.