Published On: Sun, Jun 14th, 2015

Govt asks top Income tax officials to ideate for widening tax base

New Delhi: As part of its effort to widen the existing tax base, government has asked top Income Tax department officials to individually contribute at least three innovative ideas in this regard.

Minister of State for Finance Jayant Sinha

Minister of State for Finance Jayant Sinha

A senior official said a direction in this regard was given by Union Minister of State for Finance Jayant Sinha during the recently concluded national conference of Directors General and Chief Commissioners of Income Tax in the national capital here.

“Sinha had asked the top brass of the I-T department to individually give three suggestions, ideas or proposals which will enable the government to augment revenue collection under the direct taxes category in the country.

“The idea bank has started receiving entries in the CBDT,” the official said.

The Central Board of Direct Taxes (CBDT) is the apex policy making body of the tax department.

Sources said once all the officers send in their suggestions, the CBDT will compile and place them before Sinha. After deliberations and discussions, they will be put up before Finance Minister Arun Jaitley for clearance and final action.

“The officers, by virtue of their numerous years in service, are one of the best resource people to get ideas on this front.

“It has been indicated by the government that the best ones (ideas) will be implemented as policy measures in quick time,” they said.

As per current data, the taxpayers’ base in the country is about 4 per cent of the total population. The unique move comes in the backdrop of the government recently asking the I-T department to take urgent steps to widen the tax base and add at least 25 lakh new assesses every month during the current financial year 2015-16.

PTI

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