The Union Cabinet on 13 August 2013 approved the proposal for setting up
of the Tax Administration Reform Commission (TARC) to remove ambiguity
and establish a stable and non-adversarial tax administration.
About the commission
•
The Commission will consist of a Chairman, two full time members and
four part-time members, of which at least two part-time members will be
from the private sector.
• The Chairman will be an eminent person
having wide experience of tax administration and policy making. The two
full-time members will be with a background in revenue service
pertaining to Income Tax and Central Excise and Customs respectively.
The term of the Commission will be 18 months.
• The Commission
will review the application of tax policies and tax laws in India in the
context of global best practices and recommend measures to strengthen
the capacity of the tax system in India that would reflect best global
practices.
• The Commission will help in removing ambiguity in
application of tax policy and tax laws, thereby establishing a stable
tax regime and a non-adversarial tax administration.
• The
Commission will facilitate an efficient tax administrative system that
would enhance the tax base as well as tax payer base.
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