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
Latest Expert Exchange
Direct Tax »
 TDS on interest income: Want to avoid? Here’s how you can do this
 CBDT to modify advance ruling forms for transparency in cross-border deals
 New ITR forms for 2018-19 notified by CBDT
 Income Tax Return form: There are many changes you need to know
 Procedure For Registration And Submission Of Statement Of Financial Transactions (Sft) As Per Section 285ba Of Income-Tax Act, 1961 Read With Rule 114e Of Income-Tax Rules, 1962
 Income tax return forms for FY 2017-18 released
 10 benefits of filing ITR even if you are below taxable bracket
 How to file Income Tax Returns online in five simple steps
 Income tax returns (ITR) deadline over; how belated returns filing will impact you
 Five tax changes that come into effect from today
 7 tax changes from 1 April that will transform your lifestyle

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 2018 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