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Suggestions from the Industry and Trade Associations for Budget 2011-12 regarding changes in direct and indirect taxes.

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..... Suggestions from the Industry and Trade Associations for Budget 2011-12 regarding changes in direct and indirect taxes. - News and Press Release Dated:- 24-11-2010 - News - F.No.334/5/2010-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit *** Room No.146-G, North Block New Delhi, dated the 22 nd November, 2010 To Trade and Industry Associ .....

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..... ations Subject: Suggestions from the Industry and Trade Associations for Budget 2011-12 regarding changes in direct and indirect taxes. Sir/Madam, In the context of formulating the proposals for the Union Budget of 2011-12, the Ministry of Finance would like to be benefited by the suggestions and views of your Association. You may like to send your suggestions for changes in the duty str .....

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..... ucture, rates and broadening of tax base on both direct and indirect taxes giving economic justification for the same. 2. Your suggestions and views may be supplemented by relevant statistical information about production, prices, revenue implication of the changes suggested, etc. It would not be feasible to examine suggestions that are either not clearly explained or which are not supp .....

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..... orted by adequate justification/ statistics. As regards direct taxes, since the Direct Taxes Code, 2010 has been introduced in Parliament and is proposed to be effective from 1.4.2012, you may consider forwarding only those proposals which are urgent in nature. The Synopsis of your suggestions could be given in the following format: Sr.No. Issue Justification 3. .....

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..... Your suggestions and views may be emailed to dirtru-cbec@nic.in ustpl3@nic.in . Hard copies of the Pre-Budget proposals/ suggestions relating to Customs, Central Excise and Service Tax may be sent Shri Vivek Johri, Joint Secretary (TRU), CBEC while the suggestions relating to Direct taxes may be sent to Shri Ashutosh Dikshit, Joint Secretary, Tax Policy and Legislation (TPL), CBDT . It woul .....

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..... d be appreciated if your views and suggestions reach us by the 6 th December, 2010. Yours sincerely, (S.Mathuria) .....

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..... Budget Officer (TRU) Tel :011-23094693 Fax: 011-2309 5559 Copy submitted to: 1. Chairman, CBEC 2. Chairman, CBDT 3. All Members of CBEC 4. All Members of CBDT - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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