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 Permitting members to act as Insolvency Professional under the Insolvency and Bankruptcy Code, 2016 and related matters.

ICAI Invites Suggestions for Pre-Budget Memorandum-2016
October, 16th 2015
         ICAI Invites Suggestions for Pre-Budget Memorandum-2016 (16-10-2015)

The Direct Taxes Committee, Indirect Taxes Committee and Committee on International
Taxation of ICAI are in the process of identifying issues for inclusion in the Pre-Budget
Memoranda- 2016 to be submitted to the Ministry of Finance or respective State Ministry.
Suggestions are invited on laws relating to Direct Taxes (including International Taxation) and
Indirect Taxes (including State VAT Laws) for the same.




The suggestions relating to policy matters and procedural matters be mentioned separately for
each of the issue and be submitted in the format specified below:


S.N.   Name     M.N.     Email id     Mobile    Section/   Issue   Suggestion      Others, to
                                      No.       Rule               with            be specified
                                                                   justification   under
                                                                                   appropriate
                                                                                   head as per
                                                                                   his     own
                                                                                   view, by the
                                                                                   member.



Suggestions are invited under the following heads:

Direct Taxes (including International taxation)               Submission details
    Suggestions for widening the tax base and increasing       Suggestions relating to direct
       the tax revenue                                         taxes may be submitted at the
    Suggestions to check tax avoidance                          link (http://goo.gl/Kx83SJ)
    Suggestions to reduce/minimize litigations                Or               mailed        at
    Suggestions for rationalization of the provisions of      dtc.suggestions@icai.in
       Direct Tax Laws
    Suggestions for removing administrative and               Suggestions      relating     to
       procedural difficulties                                international    taxation     be
                                                              mailed at citax@icai.in




Indirect Taxes
    Central Excise Law                                        Suggestions relating to indirect
    Customs Law                                               taxes be submitted at the link
    Service Tax Law                                           (http://goo.gl/el9VoG)         or
    Central Sales Tax                                         mailed at suggest.idtc@icai.in
   Respective State (s) VAT




               Suggestions can be submitted latest by 31st October, 2015

 
 
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