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CBDT directives to IT dept: Widen tax base, prevent avoidable disputes

CBDT directives to IT dept: Widen tax base, prevent avoidable disputes

In fresh directives, the CBDT has asked the taxman to take steps for widening the existing tax base, prevent avoidable disputes and ensure that the honest taxpayer is "facilitated" while stressing that tax evasion cases are handled without fear.

Publicise blackmoney scheme at posh markets, malls: CBDT to IT

Publicise blackmoney scheme at posh markets, malls: CBDT to IT

CBDT has directed the Income Tax department to step up publicity of the ongoing one-time blackmoney compliance window by advertising it at posh markets, clubs and showrooms and also ensure full privacy to those making disclosures for better collections.

Scope for expansion of tax base: Hasmukh Adhia

Scope for expansion of tax base: Hasmukh Adhia

A day after Prime Minister Narendra Modi spoke about near-doubling of taxpayer base to 10 crore, Revenue Secretary Hasmukh Adhia on Friday sought to contextualise the statement saying he was talking about "scope for expansion" and getting to that mark is "impossible".

Taxes have dried up in Haryana: FM

Haryana Finance Minister Capt Abhimanyu today charged the previous Congress government in the state with lack of governance saying taxes had dried up and their base shrunk during the 10-year rule.

Panel asks govt to make strenuous efforts to widen tax base

A Parliamentary panel Monday asked the government to make strenuous efforts for widening tax base which has not grown in tandem with increase in growth in income and wealth over the years.

State FMs agree in principle to negative list

The Empowered Committee of State's Finance Ministers on GST today agreed in principle to the concept of services tax based on the 'negative list' and suggested that the Centre could prepare such a list which would help widen the tax base.