Slew of Administrative Measures for Optimum Efficiency of the Tax Regime

Last updated: 01 March 2013

The Finance Minister has proposed to continue the series of administrative measures for improving the overall efficiency of the tax regime. Presenting the Union Budget in the Lok Sabha today, Shri P.Chidambaram said that he proposed to expand the slew of administrative measures as below:- Expansion in the scope of annual information returns. Extension of the e-payment facility through more banks. Extension of the refund banker system to refunds of more than Rs.50,000/-.
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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