Taxpayers: Finance Minister Nirmala Sitharaman on Monday slammed the tax boards for allegedly not paying heed to the complaints of taxpayers and directed them to order Saturday for listening to of complaints by the tax authorities. Sitharaman gave this response to a query associated to tax cuts throughout a post-Budget dialogue right here.

Answer sought on tax deduction
Muralidhar Rao, General Manager and Chief Financial Officer (CFO) of Karnataka Bank had sought to make clear the place concerning sure provisions of the Goods and Services Tax (GST) Act and direct tax deductions.

Sitharaman reprimanded
Even earlier than answering the tax board officers on this query, Sitharaman intervened and stated, “I’m curious to know whether or not CBIC and CBDT officers are current right here? Do you keep up a correspondence along with your tax assessee? These aren’t questions on which the Secretary of the Ministry of Finance ought to sit right here and make clear the state of affairs. This is for the working boards.

Know what the Finance Minister stated
Along with this, the Finance Minister stated, “I will now ask CBDT and CBIC to keep Saturday free and talk with the taxpayers and clarify the situation on all important points.”

directions to officers
He directed the officers of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIS) to debate with the assessee the loopholes within the tax legal guidelines and vital amendments within the insurance policies. This will assist in making ready vital tax amendments within the Finance Bill. He stated that a lot of the questions requested on this dialogue program on the finances are associated to tax boards, whereas each the boards are absolutely competent to take care of them.

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