Minister calls for simple tax structure to promote greater tax compliance
By TIOL News Service
NEW DELHI, JULY 22, 2014: THE Minister of State for Finance, Ms. Nirmala Sitharaman, today said that the Indian tax architecture needs to be further simplified so that it is easy for tax payers to comply and pay off their taxes. She said that the citizens want to become law 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 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 the Minister released a Handbook on ‘Effective Handling of Cases before Settlement Commission'.
The Valedictory Address was also attended by Mr Shaktikant Das, Revenue Secretary, Chairman and Members of CBDT and senior officers of the Revenue Department among others.
Earlier, Mr R.K. Tiwari, Chairman CBDT gave details of the two day deliberations of the 30th Annual Conference. 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.
|