Taxation Reform Proposals on Web

New Delhi, October 17: | Updated: Oct 18 2002, 05:30am hrs
Finance ministry will soon post all taxation reform related proposals on a new website.

Speaking at the 3rd international tourism conference organised by the Confederation of Indian Industry (CII) and ministries of tourism and civil aviation on Thursday, minister for finance and company affairs Jaswant Singh said that as per the plans the new website will be launched by October 22.

Mr Singh said the two task forces on direct and indirect taxes headed by his adviser Vijay Kelkar is currently deliberating with various bodies to firm up their recommendations.

He added that once the recommendations are received by the ministry, they will be posted on the website. The minister told CII to submit their recommendations on tourism and other sectors to the committee. Mr Singh said that his ministry will try to respond to the suggestions received from all quarters on the proposals, and make the entire process transparent.

On the state of tourism sector in the country, he said the industry was suffering due to attitudinal problems. Mr Singh said that according to a study, with every single tourist arrival in the country, five Indian citizens are benefited. He also pointed out that India was ranked 153rd in terms of the pattern of global spending in 160 countries.

The minister said the attitude towards tourism required a change, adding that signalling this change the 10th Plan document has a separate chapter on tourism.