Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ACCOUNTING STANDARD :: VAT Audit :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: empanelment :: list of goods taxed at 4%
 
 
« News Headlines »
 Income tax returns (ITR) filing guide: 10 excellent tax-saving options other than Section 80C to save money
 TDS Rate Chart for AY 2018-19
 Last date to submit third installment of advance tax is December 15
 5 tax-saving funds that have given stellar returns in the past 5 years
 Find out which ITR Form is suitable for you
  Pr CIT vs. Baisetty Revathi (Andhra Pradesh High Court)
 What is income tax?
 Refund procedure initiated under GST
 Income tax returns (ITR) filing: How to get capital gains tax benefits on assets in own name
 7 avenues to help you save tax under Section 80C of Income Tax Act
 How to make income tax law less taxing

Trained staff to help you file I-T returns
May, 24th 2007

Filing tax returns may be easier now, with the first batch of 3,737 tax return preparers completing their training on Wednesday.

Speaking on the occasion, finance minister P Chidambaram said, The tax return preparer scheme seeks to deliver services at low or marginal cost at the taxpayers doorsteps. Along with small entrepreneurs, Chidambaram hoped other institutions like insurance and banks would employ them to sell their products as well. The government would assist them in taking loans from banks to buy computers for their work, he added.
 
Speaking on the new tax return forms, ITR-1, the finance minister said, Indias tax return forms are amongst the simplest in the world. It is a myth to say that these are outdated. The ITR-1 was simpler than Saral launched by the previous government, Chidambaram said, adding, the tax return preparers will get commissions from the I-T department to assist new taxpayers in filing returns for three years. They can also charge up to Rs 250 as service fee from old assesses.

Under the scheme, NIIT trained 4,517 candidates, out of which 3,737 have qualified. NIIT will hold supplementary tests for the candidates in the next three weeks.

The I-T department has also set up a resource centre to monitor the implementation of the scheme and assess the work of the return preparers. It will also issue quality alerts to them, as and when needed. The return preparers will also be required to undertake periodic on line training and exam.

The tax return preparer scheme was announced in the last Budget to make it easier for taxpayers to file returns.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

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