ICAI submits Pre-Budget Memoranda-2018 – (11-12-2017)
PRE-BUDGET MEMORANDUM – 2018 DIRECT TAXES AND INTERNATIONAL TAX
1.1 The Council of the Institute of Chartered Accountants of India considers it a privilege to submit this Pre-Budget Memorandum – 2018 on Direct Taxes and International tax to the Government. The memorandum contains suggestions for the consideration of the Government while formulating the tax proposals for the year 2018-19.
1.2 The suggestions have been broadly categorized under the following heads:
Part A : Suggestions relating to the policy &provisions of Income-tax Act, 1961
Part B : Suggestions for improving Tax Administration and Citizen Services
PRE-BUDGET MEMORANDUM 2018 Indirect Taxes
The Institute of Chartered Accountants of India (ICAI) considers it a privilege to submit the Pre-Budget Memorandum, 2018 on Indirect Taxes other than GST to the Government of India.
The Memorandum contains suggestions on issues relating to Service Tax, CENVAT Credit Rules, 2017, Excise Duty, Customs Duty and Central Sales Tax for the consideration of the Government while formulating the tax proposals for the year 2018-19. We believe that addressing the said issues would make tax laws simple, fair and transparent and avoid litigation. In case any further clarifications or data is considered necessary, we shall be pleased
to furnish the same.