Sunday, July 27, 2014

Income Tax Structure further needs to simplified – Ms. Nirmala Sitharaman

Income Tax Structure further needs to simplified – Ms. Nirmala Sitharaman

Ms. Nirmala Sitharaman, Minister of State for Finance said that tax structure needs to be further simplified so that it is easy for tax payers to comply and pay off the tax due from them. She said that the citizens want to become lawful compliant rather than tax evaders.

Ms Sitharaman was delivering the Valedictory Address at the conclusion of the two-day Annual Conference of Principal Chief Commissioners, Principal Director Generals, Chief Commissioners and Director Generals of Income Tax here today. She hoped that the delebrations of the two-day Conference would be helpful to the senior officers in handling various tax related issues and in reducing tax litigation and strengthening of grievance redressal mechanism.

Earlier Ms. Nirmala Sitharaman, Minister of State for Finance released a Handbook on ‘Effective Handling of Cases before Settlement Commission’.

The Valedictory Address was also attended by Shri Shaktikant Das, Revenue Secretary, Chairman and Members of CBDT and senior officers of the Revenue Department among others.

Earlier, Shri R.K. Tiwari, Chairman CBDT gave details of the two day deliberations of the 30th Annual Conference of Principal Chief Commissioners, Principal Director Generals, Chief Commissioners and Director Generals of Income Tax two-day and its major highlights. He assured that the officers of the Department will make all out efforts to achieve their respective targets in a transparent and fair manner.

He also said that the deliberations during the Annual Conference were very fruitful and would help the officers in dealing with various day to day tax related matters in an effective manner

1 comments:

Not only the tax structure, filing of TDS return should also be simplified. DDOs/ Deductors are overburdened with the income tax related works. For filing quarterly TDS return, DDOs have travel long distances to TFCs, have to spend few thousand rupees towards RPU preparation, generation of Form 27A, filing of return etc. Deductors should be allowed to upload the return directly in a very simple manner?

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