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ICAI Invites Suggestions for Pre-Budget Memorandum-2017
September, 26th 2016

The Direct Taxes Committee, Indirect Taxes Committee and Committee on International Taxation of ICAI are in the process of identifying issues for inclusion in the Pre-Budget Memoranda - 2017 to be submitted to the Ministry of Finance or respective State Ministry. Suggestions under the following heads are invited on laws relating to Direct Taxes (including International Taxation) and Indirect Taxes (including State VAT Laws):

Direct Taxes (including International taxation) Submission details
  • Suggestions for widening the tax base and increasing the tax revenue
  • Suggestions to check tax avoidance
  • Suggestions to reduce/minimize litigations
  • Suggestions for rationalization of the provisions of Direct Tax Laws
  • Suggestions for removing administrative and procedural difficulties
Suggestions relating to direct taxes (including international taxation) may be submitted at the link (http://goo.gl/Kx83SJ)
Indirect Taxes  
  • Central Excise Law, Customs Law
  • Service Tax Law, Central Sales Tax
  • Respective State (s) VAT
  • The suggestions for widening the tax base, increasing the tax revenue, check tax avoidance and to reduce/minimize litigations may also be provided.
Suggestions relating to indirect taxes be submitted at the link (http://goo.gl/el9VoG)
Suggestions may be submitted latest by 10th October, 2016.

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