9911796707
TMI BlogSetting up of Tax Administration Reform CommissionX X X X Extracts X X X X X X X X Extracts X X X X ..... Setting up of Tax Administration Reform Commission X X X X Extracts X X X X X X X X Extracts X X X X ..... ill be an eminent person having wide experience of tax administration and policy making. Full-time members of the Commission will be one member each with a background in revenue service pertaining to Income Tax and Central Excise and Customs respectively. The term of the Commission will be 18 months. The Commission will review the application of tax policies and tax laws in India in the context o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f global best practices and recommend measures to strengthen the capacity of the tax system in India that would reflect best global practices. The Commission will help in removing ambiguity in application of tax policy and tax laws, thereby establishing a stable tax regime and a non-adversarial tax administration. The Commission will facilitate an efficient tax administrative system that would enh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ance the tax base as well as tax payer base. Background : In his Budget Speech 2013-14 in Parliament on 28.02.2013, the Finance Minister had announced :- "An emerging economy must have a tax system that reflects best global practices. I propose to set up a Tax Administration Reform Commission to review the application of tax policies and tax laws and submit periodic reports that can be implemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted to strengthen the capacity of our tax system." X X X X Extracts X X X X X X X X Extracts X X X X
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