Tax administration: Board must collect revenue fairly and transparently and direct strategies for compliance, service and oversight.

The Board is charged with ensuring tax administration by collecting revenues in a fair and transparent manner and by supervising the Income-tax Department; it must formulate strategies to detect and penalize non-compliance, promote voluntary compliance through quality taxpayer service, educate taxpayers, promote tax literacy, provide grievance redressal, call for information from banks and other authorities for investigations, exchange information with prescribed agencies, and perform other prescribed functions.

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