Union Finance Minister Nirmala Sitharaman has called for India to significantly expand its tax base for both direct and indirect taxes. Speaking at an event, she urged the Central Board of Direct Taxes (CBDT) and Central and State GST authorities to prioritise bringing new taxpayers into the net. While pleased with current revenue collection figures, the Minister stressed that increasing the number of individuals and businesses paying tax is now a key focus.
It is now time that India widens the tax base for both direct tax and indirect tax, said Union Finance Minister Nirmala Sitharaman. This should be the focus for both the Central Board of Direct Taxes (CBDT) and also for Central GST, and SGST authorities should also ramp up, she said at a function in
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FAQ :
The Finance Minister has urged authorities to widen the tax base for both direct and indirect taxes in India.
The Central Board of Direct Taxes (CBDT) and Central GST (CGST) and SGST authorities are involved.
She wants to know how many new taxpayers have joined the tax net, in addition to monthly revenue collection figures.
The newly constructed residential quarters, costing ₹560 crore, will house officials from both CBIC and CBDT.
The Minister also laid the foundation for the 'Vaigai' Customs House Complex, a first-of-its-kind building project.