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 Reopening of Online Empanelment of Members to act as Observers for May/June 2024 Examination upto 27th April 2024 at 11.59 PM
 Cut-off date for enrollment in Foundation /Intermediate Course for appearing in September 2024/ January, 2025 Examinations.
 Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects
 Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-C & Set-D)
 India to be Accounting and Finance Hub : Invitation for Comments/Suggestions: Consultation Paper on Draft IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations 2024
  Auditing and Assurance Standards Board - Online Panel of Experts for addressing Bank Branch Audit related queries
 Board of Internal Audit and Management Accounting of ICAI is organizing Webinar on "Identifying Red Flags and Report Writing by Internal Auditors" - March 27,
 Revised Applicability of Peer Review Mandate (Phase II & III)
 Important Announcement - Reschedulement of Chartered Accountant Examinations, May 2024
  IMPORTANT ANNOUNCEMENT
 Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2024 Examinations up to 15th March 2024

ICAI seeks inputs on Tax Administrative issues.
January, 30th 2014
                ICAI seeks inputs on Tax Administrative issues

As the members may be aware, the Government has set up a Tax Administration
Reform Commission with a view to review the application of Tax Policies and Tax Laws
in India in the context of global best practices. The Commission works as an advisory
body to the Ministry of Finance and recommends measures for reforms required in Tax
Administration to enhance its effectiveness and efficiency. The Commission has
identified the following four points in its Terms of Reference to be included in its first
report, which is to be submitted to Government within six months:

a.     To review the existing organizational structure and recommend appropriate
       enhancements with special reference to deployment of workforce
       commensurate with functional requirements, capacity building, vigilance
       administration, responsibility and accountability of human resources, key
       performances indicators, staff assessment, grading and promotion systems,
       and structures to promote quality decision-making at high policy level.






b.     To review the existing business processes of tax administration including the
       use of information and communication technology and recommend measures
       best suited to the Indian context.

c.     To review the existing mechanism of dispute resolution, time involved for
       resolution, and compliance cost and recommends measures for strengthening
       the process. This includes domestic and international taxation.

d.     To review existing mechanism and recommend measures for improved
       taxpayer services and taxpayers education programme. This includes
       mechanism for grievance redressal, simplified and timely disbursal of duty
       drawback, export incentives, rectification procedures and refunds.

The Direct Taxes Committee, Committee on International Taxation and Indirect Taxes
Committee of ICAI have endeavoured to provide inputs/suggestions to Tax
Administrative Reform Commission on the tax administration issues as mentioned
above relating to:

a) Direct Taxes (Including International Taxation)
b) Indirect Taxes

Members are requested to submit their suggestions by 5th February, 2014 by clicking
on the link below:

https://docs.google.com/a/icai.org/forms/d/1D8y-m-sCxUDvfw-w-
awnGlcL_F_j32G4UKaM8KAbnHY/viewform






It is pertinent to mention that the focus of the Commission is on tax administration
reform and NOT on the general tax policy and legislation, thus you are requested to
confine your suggestions to the same.

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