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Income tax widening of Tax payer base in City


Smt. Mahajan said, “There has been a total change in the environment where everything is E, there should be a fair tax transparency and efforts to improve tax compliance are being made continuously.” She also talked about the main endeavors like knowing about the ease of filing E-returns, consequences of not filing E-returns and penalizing the defaulters.
1 January, 2016 onwards a change has been brought stating mandatory quoting of PAN and it has been further enlarged. A piece of information regarding forms being digitized was also provided stating that form number 15G and 15H are now digitized and can be digitally filed with the tax deductors. It was informed that the department intends to correspond with people on e-mail and only call them to office when absolutely essential.
A total of 16 lakh cases were filed this year but only 25,439 are worked upon, making the basic purpose of increasing tax base unfulfilled.
Once the speakers of the day expressed their views, an open suggestion round was conducted in which all the professionals put forward their suggestions. Many of them were taken a note of.
The essential reason why this seminar was conducted had been brought out effectively as all the professionals realised the alarming need to increase the tax payer base in the city.



This post first appeared on Tricity Events | Chandigarh Mohali Panchkula Events, please read the originial post: here

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Income tax widening of Tax payer base in City

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