Finance Minister outlines plan to curb 'tax terrorism'

| | New Delhi
  • 0

Finance Minister outlines plan to curb 'tax terrorism'

Friday, 23 August 2019 | IANS | New Delhi

Finance Minister outlines plan to curb 'tax terrorism'

Amidst concerns of rising harassment of corporates by tax officials and authorities, Finance Minister on Friday said that the government would take measures to curb such instances, including the introduction of "faceless" tax scrutiny from the upcoming "Vijaya Dashami".

She also said that tax notices and summons without a computer generated unique ID number would not be valid. This measure would help in curbing the unauthorised tax summons.

On violation of corporate social responsibility norms, the Minister said that such violations would not be treated as criminal offences. Prosecution will be replaced with a more humane approach. Wealth creators will be honoured and respected.

Sunday Edition

Chronicle of Bihar, beyond elections

28 April 2024 | Deepak Kumar Jha | Agenda

One Nation, One Election Federalism at risk or Unity Fortified?

28 April 2024 | PRIYOTOSH SHARMA and CHANDRIMA DUTTA | Agenda

Education a must for the Panchayati Raj System to flourish

28 April 2024 | Vikash Kumar | Agenda

‘Oops I Dropped The Lemon Trat’

28 April 2024 | Gyaneshwar Dayal | Agenda

Standing Alone, and How

28 April 2024 | Pawan Soni | Agenda