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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)
Shreyans Shah
Shreyans Shah 10 years 9 months ago
RBI fears with good reason because high inflation reduces savings and consumption and consistent high inflation has broken peoples backbone due to black market of basic items. so no consumption so no investment in factories because you need cash flow for same.
Shreyans Shah
Shreyans Shah 10 years 9 months ago
in India controling total amount of money issued is with ministry of finance while interest rate or controlling speed of circulation is with RBI. you have printed so much till now that RBI is reluctant to go off brakes as it fears economy will go haywire
Shreyans Shah
Shreyans Shah 10 years 9 months ago
problems of people not paying taxes are multiple 1) rich got away not paying so others thought if they can get away why can't we so if you don't target rich forget poor will pay 2) from 1947 till now you have printed so much money that money is biting you now in form of inflation
Sanjay Sharma
Sanjay Sharma 10 years 9 months ago
Sir, Our PM has suggested to digitise all monetary transactions. I request you to remove all currency notes and coins and make INDIA a completely CASHLESS country. I wish to inform you that a solution already exists to replace currency and coins by a digital device and patent has already been filed to realise this dream. The solution has a mechanism to record, track and reconcile each and every transaction happening between any two entities at any point of time. Sanjay
shukla Dr Pavan
shukla Dr Pavan 10 years 9 months ago
कर चोरी को रोकने का एक मात्र  रास्ता है ---डिजिटल मनी। धनवान हर तरफ  से कालाधन कमा रहे हैं। सत्ता पाते ही धन में अरबों गुणा की वृद्धि  होती आ रही है । स्ववित्तपोषित शिक्षा  स्वास्थ्य आदि क्षेत्र से कालाधन कमाना  बंद हो
T KUMAARAVELU
T KUMAARAVELU 10 years 9 months ago
GST RATES: The GST rates for any industrial input should be based on the endproduct /finished goods rates, which leads to higher colleciton as well the reduce the tax evasion. For example inengineeing process. the raw material steel being rated at 5% whereas the end product at 12.50%, however if the same is being at uniform at higher rate, the evasion will be totally eradicated. The said process should be followed when chain of sales is stopped while in consumption by public.
Pankaj Jain
Pankaj Jain 10 years 9 months ago
Salaried employees getting shares from companies are subject to income tax and TDS. This reduces liquidity in their hands. Please shift the point of taxation from perquisite to sale of shares. So that at the time of sale, both CG and perquisite tax be levied. This will improve liquidity and will drive economy.
Shreyans Shah
Shreyans Shah 10 years 9 months ago
Reduce indirect tax rate or else indian manuafcturers will become indian importers as due to high tax on input and output cost of final product becomes prohibitively high
MURALI SANKAR
MURALI SANKAR 10 years 9 months ago
Most Respected Sir, Suggestion for wiping out black money menace (1) Single person holding multiple PAN cards to be curtailed by mandatory linking PAN Card and Aadhar Number (2) All bank accounts shall be linked to Aadhar Card (3) Usage /Annual Charges of Debit & Credit Cards shall be waived. (4) Majority of the black money within India is invested in GOLD & Real Estates. PAN or Aadhar Number shall be made mandatory for all gold purchases above Rs. 10000 and all Real Estate Transactions
Anil Sharma
Anil Sharma 10 years 9 months ago
sir, Agriculture income is tax tax free but it should be allowed to only real agriculturists having no income from other business activities.