The Institute of Chartered Accountants of India (ICAI) is actively seeking public input for its Pre-Budget Memorandum 2024. This memorandum will provide valuable suggestions to the Government of India's Ministry of Finance regarding direct tax laws, including international taxation. The ICAI's Direct Taxes Committee is looking for ideas on widening the tax base, increasing revenue, curbing tax avoidance, reducing litigation, and simplifying tax laws.
Institute of Chartered Accountants of India (ICAI) has invited suggestions for the Pre-Budget Memorandum-2024. The ICAI is the apex professional accounting body in India and its Pre-Budget Memorandum is a valuable source of inputs for the Government of India in formulating its annual Budget.
Official copy of the notification has been mentioned below
Direct Taxes Committee
The Institute of Chartered Accountants of India
23rd September, 2023
ICAI invites suggestions for Pre-Budget M
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FAQ :
The Institute of Chartered Accountants of India (ICAI) is inviting suggestions.
The Pre-Budget Memorandum is a key document providing input to the Government of India for formulating its annual Budget.
Suggestions are being sought for Direct Taxes, including International Taxation.
Suggestions are requested for widening the tax base, increasing tax revenue, checking tax avoidance, reducing litigation, rationalising provisions, and removing administrative difficulties.
Suggestions must be submitted by 10th October, 2023.
Suggestions can be submitted online via the link: https://appforms.icai.org/preBudgetSuggestion/index.html