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: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: empanelment :: due date for vat payment :: form 3cd :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: TDS :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: list of goods taxed at 4%
 
 
News Headlines »
 10 ways you get benefited from filing your tax return
 Returns under CGST Act,2017 with Rules
 Ten facts to know about filing income tax return this year
 The Ten Commandments of Tax Filing
 How to claim income tax refund
 How to time your buys to have best of two tax regimes
 Here's why you must always check Form 26AS before filing tax return
 Want to file your income tax return after June 30? Having Aadhaar card is a must
 Timeline for filing of tax returns extended by two months
 Top 5 common mistakes to avoid while filing your income tax returns
 GST rollout on July 1: Deadline for filing tax returns extended

Amnesty scheme for tax-evaders
March, 23rd 2007

The Maharashtra Budget announced on Thursday has offered an amnesty scheme for those who avoid paying profession tax. Taking note of substantial arrears of such tax, penalty and interest, Mr Patil thought of offering some concessions to recover part of it.

I am of the opinion that if some concessions are given towards these, significant arrears can be recovered, Mr Patil said while proposing to introduce the amnesty scheme. The unregistered professionals and employers will also be eligible to claim benefits of this scheme.

If they pay the due amount in respect of periods starting on or after April 1, 2002, then they will be exempted from any demand relating to earlier periods, Mr Patil said. The details of the scheme are to be released later.

He acknowledged that the number of unregistered tax payers is too large to ignore. With a view to identifying, registering and making the defaulters pay the tax, Mr Patil announced a plan to undertake a comprehensive state-wide survey from October 1 this year. He also promised to create new posts under the proposed survey.

If the unregistered taxpayers or employers register themselves before the commencement of the survey, they will be given relief under the proposed amnesty scheme, Mr Patil made it clear.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

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