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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)
Vishvesh Margasahayam
Vishvesh Margasahayam 10 years 3 months ago
Suggestion for Budget 2016: Sir, Kindly consider EMI towards the purchase of plot as part of housing loan repayment (both under house property and U/s 80C). With the current real estate rates buying a plot and constructing home at one go is impossible. As a middle class individual we need time to mobilize funds for construction of house. Till such time request you to kindly consider the EMI being paid towards purchase of Plot as rebate under Income tax.
Hoysala H
Hoysala H 10 years 3 months ago
Its well known that there is a difference in the amount real estate investors pay by means of Cash (may include undeclared income) and by more legitimate means (Cheque/DD/NEFT/RTGS). Analogous to this there will be difference in the registration value of the property. Government must use this difference to curb the menace of black money. Ideally there should not be big difference in paid value in almost nearly the same location at the same time.
SANDEEP GROVER
SANDEEP GROVER 10 years 3 months ago
Hard-earned money of thousands of homebuyers is at stake, as at least 135 real estate projects have defaulted on payment of land cost to the government in Noida, Greater Noida and Yamuna Expressway areas. The amount is staggering Rs 10,000 crore and it is bound to increase further, if the authorities concerned don't reschedule their debt. Documents accessed by dna reveal that the list of defaulters include leading builders, like ATS, Unitech, Supertech, Oris , Oma
SANDEEP GROVER
SANDEEP GROVER 10 years 3 months ago
Hard-earned money of thousands of homebuyers is at stake, as at least 135 real estate projects have defaulted on payment of land cost to the government in Noida, Greater Noida and Yamuna Expressway areas. The amount is staggering Rs 10,000 crore and it is bound to increase further, if the authorities concerned don't reschedule their debt. Documents accessed by dna reveal that the list of defaulters include leading builders, like ATS, Unitech, Supertech, Oris , Omax and Logix.
SANDEEP GROVER
SANDEEP GROVER 10 years 3 months ago
In NCR thousands of homebuyers are suffering. http://www.dnaindia.com/india/report-ncr-developers-default-on-rs-10000-crore-land-payments-2160604
JAGDISH PATHAK
JAGDISH PATHAK 10 years 3 months ago
I heartly congratulates for implementing the various suggestion related CBDT for making various proceedures online like, 15G/15H,online scrutiny,expert committee review before high pitch assessment,online appeal filling etc. have been speedily introduced are welcome and progressive steps for corruption free and transparent system. I hope that 12AA/80G/Lower TDS certificates etc. will also be done online in future quickly. it will result corruption free Income tax deptt. Best wishes
Bikas Chandra Pal_1
Bikas Chandra Pal_1 10 years 3 months ago
To increase revenue more people to be brought under tax system, specially from unorganised sector. This task to be done through the people already in tax bracket. May consider tax relief by submitting VAT bill details. People already in tax bracker will be encouraged, and will press for VAT bill for all purchases.
Sanjay Yedke
Sanjay Yedke 10 years 3 months ago
#DepartmentofRevenue, Now-a-days there are many second homes(flats),which are used as financial income source by giving on leave &license.But I would like to inform you that many owners &tenants don't register their leave &license to the registrar of the Revenue Dept.Due to this the Govt looses the Revenue like Stamp duty registration charges &Income Tax on 2nd rented house income.Information like leave &license,without registration,etc of the co-operative socities should be asked by the Govt.
ADITYA GODBOLE
ADITYA GODBOLE 10 years 3 months ago
Pls. remove medical bill submission for getting exemption of Rs. 15000/- Medical Allowance for Salaried Individuals. It adds to unnecessary paper work both for the individual and employer.