Tax administration reform in India: spirit, purpose and empowerment, executive summary first report of the TARC

By: Material type: TextTextPublication details: Tax Administration Reform Commission, Ministry of Finance, Government of IndIA 2014 New DelhiDescription: v, 41 pSubject(s): DDC classification:
  • 354.54724 T2T2
Summary: The Tax Administration Reforms Commission (TARC) (Chairperson: Dr Parthasarathi Shome) submitted its First Report on May 30, 2014. Observations: TARC made the following observations: The current organisational setup has the Revenue Secretary at the top of the tax administration, above the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC). The Revenue Secretary is not a tax administration expert, yet he has the final say in terms of tax administration before it reaches the Finance Minister. There is an artificial separation between direct and indirect tax administration, and a lack of co-operation between CBDT and CBEC. India has one of the highest numbers of disputes between tax administration and taxpayers, with lowest proportion of recovery of tax arrears. The selection of CBDT and CBEC members does not consider specialisation, policy experience, etc. and is based on seniority. There is pressure on tax officers to meet externally imposed revenue targets. In addition, there is a lack of protection for tax officers from the large number of anonymous vigilance complaints. There is complete absence of research-based analysis of policy, and lack of impact assessment studies. The benefits of Information and Communication Technology (ICT) systems have not been reaped. http://www.prsindia.org/parliamenttrack/report-summaries/first-report-of-the-tax-administration-reforms-commission--3302/
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Books Vikram Sarabhai Library Rack 25-A / Slot 1124 (0 Floor, East Wing) Non-fiction General Stacks 354.54 724 T2T2 (Browse shelf(Opens below)) Available 195215

The Tax Administration Reforms Commission (TARC) (Chairperson: Dr Parthasarathi Shome) submitted its First Report on May 30, 2014.

Observations: TARC made the following observations:

The current organisational setup has the Revenue Secretary at the top of the tax administration, above the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC). The Revenue Secretary is not a tax administration expert, yet he has the final say in terms of tax administration before it reaches the Finance Minister.

There is an artificial separation between direct and indirect tax administration, and a lack of co-operation between CBDT and CBEC.

India has one of the highest numbers of disputes between tax administration and taxpayers, with lowest proportion of recovery of tax arrears.

The selection of CBDT and CBEC members does not consider specialisation, policy experience, etc. and is based on seniority.

There is pressure on tax officers to meet externally imposed revenue targets. In addition, there is a lack of protection for tax officers from the large number of anonymous vigilance complaints.

There is complete absence of research-based analysis of policy, and lack of impact assessment studies. The benefits of Information and Communication Technology (ICT) systems have not been reaped.


http://www.prsindia.org/parliamenttrack/report-summaries/first-report-of-the-tax-administration-reforms-commission--3302/

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