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: due date for vat payment :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: VAT Audit :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: cpt :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: list of goods taxed at 4%
 
 
« News Headlines »
 Directions under section 119 of the Income-tax Act, 1961
 Securities excluded from GST ambit in revised Bill
 GST dilemma: Hope fades for new tax regime
 5nance.com launches tax investment platform
 Is government tapping your phone?
 Income tax department to use analytics to look for discrepancies in bank accounts
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful

IT to widen tax net in State
March, 25th 2009

With North East, especially Assam, witnessing unprecedented flow of investment in diverse sectors in the last few years, the Income Tax department has a good opportunity to widen the tax net of the department in this part of the country. This was stated by Saroj Bola, member, Revenue, Central Board of Direct Taxes, while talking to this correspondent here today.

Asian Development Bank is investing Rs 35,000 crore in the region and the frequency of public and private investment too is increasing manifold, which leaves a vast scope or the IT department to explore, Saroj said on the sideline of a convocation ceremony organised to give away certificates to 42 newly-inducted Tax Return Preparers (TRPs).

Vinod Khurana, chief commissioner (Guwahati), Income Tax department, when quizzed by this reporter, stated that the global economic slowdown has affected the tax collection in the North East along with the rest of the country and the department is taking a slew of measures to widen the tax net in the region.

Khurana, however, divulged that the department, in spite of the meltdown, is confident of collecting at least 25 to 30 per cent more revenue in the next financial year compared to last years approximate budget of Rs 2,000 crore for the North East.

We are trying to bring the convenience of tax filing to the doorsteps of the tax payers by various means and also keep a check on those trying to evade taxes, said Khurana, adding that the online system of filing tax would go a long way in boosting revenue collection.

Earlier, VK Gupta, chief commissioner (Shillong and Kolkota), while addressing the convocation ceremony here today, said that the TRPs from the region have done exceedingly well and said: The TRPs have been inducted to simply the procedure of tax payment and they have been trained to address the tax filing needs of the region through a rigorous training.

TRPs is an initiative by the department of Income Tax to increase awareness of tax laws by enhancing community participation with NIIT being mandated to train the certified TRPs across the country.

Senior officials like Kalyan Chand, director general of IT Administration and Vipul Rastogi, head, Enterprise Solution (India) NIIT were also present on the occasion.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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