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India Continues To Urge Taxpayer Compliance

by Mary Swire, Tax-News.com, Hong Kong

30 July 2013


The Indian Income Tax Department has contacted another 35,000 non-filers as part of an ongoing compliance initiative.

A recent data matching exercise by the Department revealed that approximately 1.2m taxpayers have failed to disclose their true income and pay the taxes due. Letters were initially sent out to around 105,000 individuals, containing a summary of the information possessed, along with a customized response sheet.

This latest batch of letters brings the total number of "high priority" taxpayers contacted to 210,000. A compliance management cell has been monitoring the filing and tax payment activity of this group.

The Finance Ministry says that the response has been "very encouraging," with a "large number" coming forward to settle their tax liabilities.

TAGS: individuals | compliance | Finance | tax | tax compliance | India | revenue guidance | ministry of finance | tax authority | revenue statistics

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