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: empanelment :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: list of goods taxed at 4% :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: TDS :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: form 3cd
 
 
Direct Tax »
 Income tax department open to reducing withholding tax for companies
 The different ways in which you can verify your income tax return
 Finance Ministry asks taxmen to submit note on high-pitched assessments
 Businesses in a tizzy over tech glitches in filing GST returns
 Haryana tax department turns lens on shell companies
 CBDT denies data inconsistency over new taxpayers after note ban
 No inconsistency in number of tax payers: CBDT
 India will benefit from growing tax revenue in FY2018
 I-T plans to pursue property-holders who have never filed income tax returns
 Direct Tax Collections up to July, 2017 show Growth
 How True is CBDT’s Claim of Record New Tax Filers?

Income Tax department working on strategy to prevent corruption
May, 25th 2012

The Income Tax Department is working on a comprehensive strategy to deal with corruption within the organisation.

The work relating to identification of potential areas of corruption related to the organisational activities and development of an action plan for its mitigation has commenced, the Central Board of Direct Taxes (CBDT) said.

"The action plan is likely to be finalised by December 10, 2012," the Results-Framework Document (RFD) for 2012-13 of the Board said.

CBDT is the statutory authority functioning under the Central Board of Revenue Act, 1963. The officials of the Board also functions as a Division of the Ministry of Finance, dealing with matters relating to levy and collection of direct taxes.

The RFD further said that "for financial year 2012-13, the department is concentrating on providing better taxpayer's services with the view to enhance voluntary compliance".

The Board, it said, has carefully reviewed its priorities with a view to sharpen the different mechanism for achieving effective and meaningful implementation of taxpayer services that will also facilitate voluntary compliance for the department.

Efforts of the Board are on reducing the compliance costs of the taxpayers, and intend to focus on better communication with taxpayers, development of human resources in the department and strengthening IT enabled services, the document added.

To achieve its objectives, the CBDT plans to fill up the existing vacancies in the department in a phased manner, provide proper training and educating taxpayers.

The direct tax collection target for 2012-13 fiscal is Rs 5.70 lakh crore. The direct tax mop in the previous fiscal was about Rs 4.93 lakh crore (provisional estimates).

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Outsourcing Test Solutions Software Testing Software Bug Testing Software Issues Tracking Software Issue Fix Software Code Optimization Database Design Optimization

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