https://www.taxtmi.com/news?id=1195 Direct tax policy and administration are to be reoriented to increase direct taxes' contribution to GDP through higher revenue collection, broader compliance and tax reform. A consolidated Direct Taxes Code is to simplify and rationalise direct tax laws for lower rates, wider base, better compliance and reduced litigation. Modernisation measures (PAN, e-filing, electronic payment/refund, centralized processing, Sevottam, Aayakar Sewa Kendras) and a revised Citizens' Charter aim to strengthen voluntary compliance and grievance redressal, while administrative capacity, legal management, risk-based functions and training are prioritised to meet emerging challenges. en-us Mon, 26 Jul 2010 01:50:46 +0530 Mon, 26 Jul 2010 01:50:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1195 Direct tax policy and administration are to be reoriented to increase direct taxes' contribution to GDP through higher revenue collection, broader compliance and tax reform. A consolidated Direct Taxes Code is to simplify and rationalise direct tax laws for lower rates, wider base, better compliance and reduced litigation. Modernisation measures (PAN, e-filing, electronic payment/refund, centralized processing, Sevottam, Aayakar Sewa Kendras) and a revised Citizens' Charter aim to strengthen voluntary compliance and grievance redressal, while administrative capacity, legal management, risk-based functions and training are prioritised to meet emerging challenges. News - Mon, 26 Jul 2010 01:50:46 +0530 https://www.taxtmi.com/news?id=1195