Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: TDS :: due date for vat payment :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: form 3cd :: ACCOUNTING STANDARDS :: VAT Audit :: VAT RATES :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India
 
 
« Direct Tax »
 Can we measure demonetisation’s impact on income tax collections?
 CBDT signs 2 more advance pricing pacts
 Income tax returns: How to calculate income from house property
 CBDT proposes new accounting standards for real estate firms
 1 lakh entities face I-T action as ‘clean money’ drive gains pace
 Here are 4 things to know about how CBDT improves ease of doing business by issuing PAN and TAN within 1 day
 Online platforms make tax filing easy, help fill details automatically
 Delhi HC refuses to stay tax case against Young Indian
 CBDT issues draft ICDS on real estate
 CBDT chairman Sushil Chandra gets one-year extensiona
 Income-tax (9th Amendment) Rules, 2017? - Amendment of Income-tax Rules, 1962 - Prescribing form & manner of exercise of option by the domestic company for the purposes of section 115BA of the Income-tax Act, 1961-reg

CBDT to review new taxpayer centric measures, tax collection
January, 11th 2016

The CBDT will hold a high-level meeting with top Income Tax department officials this week to review the on-ground implementation of some of the recent initiatives announced by the government for a taxpayer- friendly regime and to widen the base of taxpayingg people.

The meeting, scheduled for January 13, will be chaired by Central Board of Direct Taxes (CBDT) Chairman A K Jain and will be attended by other members of the board who will interact with all the regional IT department heads via video conferencing.According to the agenda proposed for the meeting accessed by PTI, the top policy-making body of the Income Tax department will review the current status of revenue collection under the direct taxes category, prompt issuance of refunds upto Rs 50,000 in non-scrutiny cases and progress on the new project of holding scrutiny of cases through email and internet-based communication.
The meeting will also assess the progress made by IT department in adding new assesses under the initiative to add one crore new taxpayers this fiscal.
{ad|
The inputs received by the CBDT after the meeting, officials said, will be used in preparation of the Union Budget.

The other subjects for review include the monitoring of pending legal cases and their effective disposal, implementation of recent orders for hike in monetary limits for appeal in the Income Tax Appellate Tribunal (ITAT) and High Courts, quick disposal of taxpayer grievances and status of scrutiny cases being worked out in the department.

But i will suggest them to be tax payer friendly & senior citizens be given some more rebates & higher threshold limit.

SEE ALL COMMENTSADD COMMENT

In the last few months, the CBDT and the Finance Ministry have introduced a number of projects to bring about a system of non-adversarial tax regime and improve ease of doing business in the country.
Officials said the CBDT brass, during the meeting, is expected to direct the field offices of the department to speed up the pace of these initiatives while leaving no stone unturned to enhance overall revenue collections.

 

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Portal Design Website Design Portal Designing Website Designing Web Design Professional Portal Design Professional Website Design Professional Web Design Portal Design India Website Design India Portal Designing India Website Designing India Web Design India Professional Portal Design India Professional Website Design India Chicago Professional Web Design New York Professional Web Design California Website Design Florida Website Design New Jersey Website Design Britain UK Website Design London Manchester Website Design

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