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Business EconomyPosted at: May 25 2015 9:40PM


FinMin urges senior officials to be prompt in redressing tax assesses issues

New Delhi, May 25 (UNI) Finance Minister Arun Jaitley today exhorted the senior officers of the Income Tax Department to be prompt in redressing the grievances of the tax payers and expand the tax base in a non-intrusive manner even as they strive to achieve the revenue generation targets. Mr Jaitley said, ‘’The honest tax payers should not be afraid of the Black Money Bill recently passed by the Parliament as it is targeted against those who have stalked their illegal assets abroad.’’ He said parallel economy has to be squeezed in a free and transparent manner. The Finance Minister also spelt-out his vision of an internationally competitive tax regime with a stable policy and a non-adversarial tax administration. He was delivering the key note address after inaugurating the Thirty First Annual Conference of Principal Chief Commissioners, Principal Director Generals, Chief Commissioners and Director Generals of Income Tax here today. UNI ASH SB 2140
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