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Inviting innovative ideas and suggestions on tax policy and administration

Inviting innovative ideas and suggestions on tax policy and administration
Start Date :
Sep 18, 2015
Last Date :
Mar 01, 2016
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

One of the key priorities of the Government is to provide a non-adversarial and a responsive tax administration with the main objective of creating an environment conducive for ...

One of the key priorities of the Government is to provide a non-adversarial and a responsive tax administration with the main objective of creating an environment conducive for achieving higher investments and growth. At the same time the focus is also on ensuring ease of doing business for the taxpayers. For individual taxpayers, Government endeavours to promote voluntary compliance by making compliance easy and reducing the cost of compliance for the taxpayers. These steps are aimed to ultimately result in buoyant revenue collections, reflecting higher growth, leading to higher standard of living and better quality of life for the citizens.

The Department of Revenue invites taxpayers and general public to provide innovative ideas and suggestions on tax policy and administrative issues with the objective of ease of doing business and reducing compliance cost for industries thereby facilitating buoyancy of revenue and increase in investment leading to higher growth.

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Showing 1495 Submission(s)
Karthik_238
Karthik_238 10 years 6 months ago
3. Discourage usage of SUV's with > 2000 CC across the country. It is high time that all the cities should be proactively saved from pollution. 4. Please increase your spend on health care and education Vs military purchases. Though national security is atmost priority, Healthcare and education investments should be amplified drastically in order to have a sustainable growth #TaxPolicy
Karthik_238
Karthik_238 10 years 6 months ago
1. Please increase the number of people in tax bracket. Doctors with private clinic, Lawyers doing private consulting or any one doing consulting business does not have a legitimate system for accounting. There should be a centralized system with a link to their respective PAN/ Aadhar for accounting. 2. Please focus on 80 -20 principle. Focus on tax collection from Rich/ Bollywood personalities/ Business tycoons/ Cricket players etc. They have potential to contribute more. #TaxPolicy
Karthik_238
Karthik_238 10 years 6 months ago
1. Please increase the number of people in tax bracket. Doctors with private clinic, Lawyers doing private consulting or any one doing consulting business does not have a legitimate system for accounting. There should be a centralized system with a link to their respective PAN/ Aadhar for accounting. 2. Please focus on 80 -20 principle. Focus on tax collection from Rich/ Bollywood personalities/ Business tycoons/ Cricket players etc. They have potential to contribute more.
rakesh saini
rakesh saini 10 years 6 months ago
Hi Sir, Please put 1% or Rs 500 Tax on 1 Lac income or on Free Slab also to cover more people under Tax Payer umbrella . Reduce Capital Gain Tax to 5% and stamp duty to 2 % to convert black money to white money. Rs 500 : 1 lac Rs 1000 : 2 Lac Rs 6000 : 3 Lac 10% : 4 LAc Regards, Rakesh Saini 9811044658
Deb Tapan Sahani
Deb Tapan Sahani 10 years 6 months ago
Dear Sir I appreciate all your efforts till date for our country! I would request you to consider a plan to payoff some percentage of tax paid by the tax payer during his working life time. It will definitely encourage individual to pay tax honestly at the same time it will give some social security to the honest tax payer as business doesn't assured fixed income for life time. A business person should be compensate in his bad days of life while he is contributing his part to the country.
sagar kapadia
sagar kapadia 10 years 6 months ago
Under inc from house property, interest deduction is allowed for 2nd house,3rd house etc . This deduction should be disallowed. Interest dedn under income from house property should be allowed only for 1 house. This will help to increase govt revenues and bring down real estate prices.
Shyam Gopal Biswas
Shyam Gopal Biswas 10 years 6 months ago
in Budget FY 2016-17 Boost profitable agriculture production Boost education for all Boost speedy transportation Boost transparency in all transanction Boost to bring tax ambit in all business houses even small traders as their income is more than salaried persons
Dipayan Mitra
Dipayan Mitra 10 years 6 months ago
India should aim big now. We should go for a pan India One Bill Policy. I had written my viewpoint in the Business Standard last year - http://www.business-standard.com/article/opinion/dipayan-mitra-one-bill-to-rule-them-all-115041800677_1.html .There is a lot of potential to tackle the large shadow economy, improve tax revenue receipts and in one year flat provided the Government has the willingness to do this.