ICAI Invites Suggestions for Pre-Budget Memorandum-2022



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The Institute of Chartered Accountants of India (ICAI) is currently gathering input for its Pre-Budget Memorandum 2022. The Direct Taxes Committee, GST & Indirect Taxes Committee, and Committee on International Taxation are inviting suggestions on laws related to direct taxes, international taxation, and indirect taxes like GST and Customs Law. The aim is to identify issues for submission to the Ministry of Finance.

The Direct Taxes Committee, GST Indirect Taxes Committee and Committee on International Taxation of ICAI are in the process of identifying issues for inclusion in the Prebudget Memoranda - 2022 to be submitted to the Ministry of Finance or respective State Ministry. Suggestions under the following
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FAQ :

The ICAI is preparing its Pre-Budget Memorandum for 2022.

The Direct Taxes Committee, GST & Indirect Taxes Committee, and Committee on International Taxation of ICAI are inviting suggestions.

Suggestions are invited for laws relating to Direct Taxes (including International Taxation) and Indirect Taxes, such as Goods & Services Tax, Customs Law, and Central Excise Law.

Suggestions are sought for widening the tax base, increasing tax revenue, checking tax avoidance, reducing litigation, rationalising tax law provisions, and removing administrative difficulties.

Suggestions must be submitted by 20th October 2021.

Suggestions can be submitted online via the link: https://appforms.icai.org/preBudgetSuggestion/index.html




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