IT Dept drafting Vision 2020 to widen tax net

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..... IT Dept drafting Vision 2020 to widen tax net
News and Press Release
Dated:- 19-1-2010

New Delhi, Jan 17 (PTI) Income Tax authorities are planning to broaden the tax base, seek greater e .....

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..... xchange of information under the tax treaties and provide better services to tax payers by 2020 when the direct tax reforms would be firmly in place. The apex direct tax body, Central Board of Direct .....

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..... Taxes (CBDT), has formed seven committees comprising senior revenue officials to come out with a draft Vision 2020 document that would delineate ways to increase tax collections in a non-intrusive ma .....

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..... nner. The committees or working groups are meeting on a regular basis to draft the document that would focus also on monitoring cross-border transactions and inflow of capital, money laundering and e .....

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..... xchange of information under treaty obligations, a finance ministry official said.
News - Press release - PIB .....

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