https://www.taxtmi.com/news?id=19078 A Task Force is constituted by the Department of Revenue, CBDT, with a convener, named members, and a permanent special invitee to draft new direct tax legislation. Its Terms of Reference include reviewing other countries' direct tax systems, international best practices, the country's economic needs, and related matters. The Task Force may set its own procedures, consult stakeholders, and will receive secretarial support from the TPL Division. Non-official members are to be paid sitting fees and reimbursed travel and accommodation; expenditures will be met from Department of Revenue budgetary grants. The Task Force must submit its report to the Government within six months. en-us Wed, 22 Nov 2017 17:34:47 +0530 Wed, 22 Nov 2017 17:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19078 A Task Force is constituted by the Department of Revenue, CBDT, with a convener, named members, and a permanent special invitee to draft new direct tax legislation. Its Terms of Reference include reviewing other countries' direct tax systems, international best practices, the country's economic needs, and related matters. The Task Force may set its own procedures, consult stakeholders, and will receive secretarial support from the TPL Division. Non-official members are to be paid sitting fees and reimbursed travel and accommodation; expenditures will be met from Department of Revenue budgetary grants. The Task Force must submit its report to the Government within six months. News - Wed, 22 Nov 2017 17:34:47 +0530 https://www.taxtmi.com/news?id=19078