FinMin asks tax officials to identify evaders through data analytics
PrintListen to this Article
0:00
0:00
In a bid to meet ambitious tax target, the finance ministry on Friday held a review meeting with tax officials directing them to make special efforts to identify and book tax evaders through data analytics and information sharing.
The meeting chaired by Revenue Secretary Ajay Bhushan Pandey.
He was accompanied by the Goods and Services Tax (GST) and Central Board of Indirect Taxes and Customs (CBIC) officials.
Officials were also told to communicate with taxpayers that they must genuinely file their taxes before the taxman/notice of the tax department reaches them, sources said.
.According to sources, the meeting also sought to strategise and achieve direct tax collection target of Rs 13.5 lakh crore despite recently announced corporate tax relief of 1.45 lakh crore by the central government.#casansaar (Source - IndiaToday)
The meeting chaired by Revenue Secretary Ajay Bhushan Pandey.
He was accompanied by the Goods and Services Tax (GST) and Central Board of Indirect Taxes and Customs (CBIC) officials.
Officials were also told to communicate with taxpayers that they must genuinely file their taxes before the taxman/notice of the tax department reaches them, sources said.
.According to sources, the meeting also sought to strategise and achieve direct tax collection target of Rs 13.5 lakh crore despite recently announced corporate tax relief of 1.45 lakh crore by the central government.#casansaar (Source - IndiaToday)
Category : Income Tax | Comments : 0 | Hits : 748
Also Read -
Income tax Dept. carries out nation-wide verification exercise on Restaurants suppressing turnover
The Income Tax Department has recently conducted a nationwide verification exercise targeting restaurants suspected of under-reporting their actual sales. This action follows an earlier investigation ...
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax ...
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax ...
Comments