1. Arun Jaitley to flag off tax officials’ meet starting Monday

Arun Jaitley to flag off tax officials’ meet starting Monday

The top brass of the income tax department will discuss ways to ensure that the tax administration remains non-adversarial, taxpayer grievances are settled quickly...

By: | New Delhi | Published: May 24, 2015 2:10 AM

The top brass of the income tax department will discuss ways to ensure that the tax administration remains non-adversarial, taxpayer grievances are settled quickly and the number of direct tax payers are significantly increased, at a two-day conference in the capital starting Monday. There are 4.7 crore direct tax payers at the moment.

The annual conference of senior officers in the department would be inaugurated by finance minister Arun Jaitley and be attended by the minister of state Jayant Sinha, revenue secretary Shakti Kanta Das, CBDT chairman Anita Kapur and other officials, said a finance ministry release.

The department has a target to collect R7.97 lakh crore this fiscal, up 14.66% from what was collected in the last fiscal. Strategies for augmenting revenue, especially by way of advance tax, tax deducted at source and dividend distribution tax would be discussed at the meeting.

Officials would also discuss issues relating to income tax investigations and human resource development. Arvind Panagariya, vice-chairman, Niti Aayog, and Babasaheb Neelkanth Kalyani, chairman and managing director (CMD), Bharat Forge Ltd, would also address the officials.

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