ICAI Invites Suggestions for Pre-Budget Memorandum-2021

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ICAI Invites Suggestions for Pre-Budget Memorandum-2021

ICAI Suggestions for Pre-Budget 2021

In pre-Budget Memorandum – 2021 GST & Indirect Taxes Committee and Committee, direct tax committee are finding the problems for the same on the international taxation of Institute of Chartered Accountants of India (ICAI) which is furnished to the ministry of finance or corresponding state council.

Recommendation for the below heads are made under section relating to the direct taxes along with International Taxation and Indirect Taxes:

Direct Taxes (including International Taxation)Submission details
Recommendations to broaden the tax base and enhancing the tax revenueAvoidance of tax recommendation Recommendation for lower litigationsRecommendation for rationalization of the procurement of Direct Tax LawsTo remove legislative and procedural difficulties recommendation.Recommendations may be submitted at the link:
https://appforms.icai.org/preBudgetSuggestion/index.html
Indirect taxes
Goods & Services TaxCustoms LawCentral Excise Law (to the extent applicable on specific goods)Recommendations to broaden the tax base enhancing the revenue of tax inspect tax avoidance and giving the lower litigations. Recommendations may be submitted at the link:
https://appforms.icai.org/preBudgetSuggestion/index.html

Recommended: ICAI Latest Update For November 2020 Course Examinations

7th November 2020 is the last date for submission of recommendations 

Read more official Announcemt by ICAI website : Click here

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