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ICICI

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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 heads are invited on laws relating to Direct Taxes (including International Taxation) and Indirect Taxes:

ICAI Invites Suggestions for Pre-Budget Memorandum-2022

Direct Taxes
(including International taxation)

• Suggestions for widening the tax base and increasing the tax revenue
• Suggestions to check tax avoidance
• Suggestions to reduce/minimize litigations
• Suggestions for rationalization of the provisions of Direct Tax Laws
• Suggestions for removing administrative and procedural difficulties

Submission details

Suggestions may be submitted at the link:
https://appforms.icai.org/preBudgetSuggestion/index.html

Indirect Taxes

• Goods & Services Tax
• Customs Law
• Central Excise Law (to the extent applicable on specific goods)

The suggestions for widening the tax base, increasing the tax revenue, checking tax avoidance and reducing/minimizing litigations may also be provided.

Submission details

Suggestions may be submitted at the link:
https://appforms.icai.org/preBudgetSuggestion/index.html

Suggestions may be submitted latest by 20th October, 2021

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