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: VAT Audit :: Central Excise rule to resale the machines to a new company :: form 3cd :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: VAT RATES :: empanelment :: cpt :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: due date for vat payment
Direct Tax »
 CBDT unveils norms for computing FMV of trust assets
 CBDT starts issuing second round of Certificates of Appreciation to tax payers
 Income Tax Department Launches SMS Alert Service on TDS Deductions
 Salaried taxpayers to get SMS alerts for TDS deductions
 Salaried tax payers to get SMS alerts on TDS deductions
 Mumbai zone direct tax collection flat in H1 FY17
 CBDT issues final rules for taxing share buy back by companies
 CBDT issues final rules for taxing share-buyback
 The direct tax collections up to September, 2016 are at Rs. 3.27 lakh crore which is 8.95% more than the net collections for the corresponding period last year.
 IDS is tremendous success: CBDT chief Rani Singh Nair
 Submit monthly data of appeals disposed of: CBDT to officers

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 2016 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