« Top Headlines » Open DEMAT Account in 24 hrs   5 small savings options that save tax under Section 80C  ITR filing 2025: How often can Indian taxpayers switch between new and old income tax regimes?  Tax planning for 2025: How to maximise your savings before March 31 deadline  New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha  5 major changes in the last 6 months every taxpayer should know! «  Tax return helpers clear NIIT test... Cash profit margin can`t measure correct operating... » `Tax return preparers are harbingers of change` June, 29th 2007 Introducing a new profession of tax return preparers, an initiative announced by Union finance minister P Chidambaram in his last budget, is expected to trigger the income tax (I-T) compliance among small and marginal income sections, besides providing a feedback on their income patterns, according to P V Bhide, revenue secretary, Union finance ministry.   About 3,000 qualified tax return preparers are going to be produced through the National Institute of Information Technology (NIIT), the nodal agency to train and issue certificates as tax return preparers, across the country this year, he said.   Addressing the convocation ceremony of the first batch of graduates in tax return preparer course here on Thursday, Bhide said the creation of professional tax return preparers outside the department would remove the fears normally seen among the small income individuals about I-T, besides helping them to file returns.   Tax return preparers are the harbingers of change as they are going to transform vast number of people in Andhra and elsewhere, who are not used to filing returns, into tax payers, he said.   The government is aiming to further simplify the procedures to make tax compliance a normal practice among all sections of society, he added.