sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Direct Tax »
 Reward for income tax payers? See what CBDT chairman said
 Has direct tax compliance risen sharply?
 CBDT gets three new members
 Income Tax Returns (ITR) filing: Interest from PPF is tax exempt; but on NSC, it is taxable
 Gift of capital asset to spouse is not chargeable to tax
  Communication to the Central Excise/Service Tax Taxpayers on migration to GST
 Institutions will soon have to file I-T exemption application online: CBDT
 CBDT issues Advisory to file Returns by 31st October
  Income–tax (Dispute Resolution Panel) (First Amendment) Rules, 2018
 CBDT Notification 74/2018 Income Tax
 No Further Due Date Extension for Tax Audit, CBDT Confirms

Reward for income tax payers? See what CBDT chairman said
November, 15th 2018

The CBDT, that frames policies for the Income Tax (I-T) Department, is "examining" a report that proposes to facilitate honest and consistent taxpayers in availing a variety of public services and tax-related works on priority, a top official said Wednesday.

The CBDT, that frames policies for the Income Tax (I-T) Department, is "examining" a report that proposes to facilitate honest and consistent taxpayers in availing a variety of public services and tax-related works on priority, a top official said Wednesday.

The Central Board of Direct Taxes (CBDT) had constituted a committee in this context, which has submitted its report and recommendations.

"A proposal is under consideration as to how we can benefit our honest taxpayers. It has been communicated by the finance minister in his budget speech that honest taxpayers will definitely be getting advantages from the I-T Department. A committee had been set up and it has given a report.

"We are examining it," CBDT Chairman Sushil Chandra told reporters on the sidelines of an event here.

PTI had reported last month that as part of this proposal, it was being mulled that honest taxpayers were empowered to get "priority service" while using public services at airports, railway stations and at highway toll plazas.

Prime Minister Narendra Modi, during a conference with senior tax officers last year, had urged the department to enhance the taxpayer services and ensure that the honest taxpayers were given due importance.

It was proposed that the taxpayers who were consistently paying their taxes or even just filing their returns might be hosted at civic receptions held by prominent government functionaries and honoured publicly, a senior official had said.

A few years back, the board had started a process by which diligent taxpayers were sent "thank you" or appreciation notes through email under the name of the CBDT chairman. It was proposed to take this initiative forward, the official had said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions