Get Free Financial Suggestion Here
Tax In Media
Keeping promoters out could hit bankruptcy process, say lawyers
Courtesy : 28 November 2017
Debarring promoters from bidding for their own companies placed on the block in insolvency proceedings would dilute the competitive process, suppressing valuations, said lawyers and consultants. Th...
Insolvency ordinance may see 100-150 cases reopen
Courtesy : 28 November 2017
Bidders Need To Declare No Violation Of Any New Clause The ordinance to make several companies as well as some promoters ineligible to bid for ailing companies may result into reopening of 100-150 ca...
Direct tax kitty up 15% in Apr-Oct
Courtesy : The Times of India 09 November 2017
The government has collected Rs 4.39 lakh crore in direct taxes, up 15.2% yearon-year, during the first seven months of the current fiscal. The collection, which includes personal income tax and co...
Direct tax kitty up 15% in Apr-Oct
Courtesy : The Times of India 09 November 2017
The government has collected Rs 4.39 lakh crore in direct taxes, up 15.2% yearon-year, during the first seven months of the current fiscal. The collection, which includes personal income tax and co...
Only `clean’ cos allowed to bid for stressed assets
Courtesy : The Times of India 09 November 2017
The Insolvency and Bankruptcy Board of India tightened the rules on Tuesday , mandating stringent scrutiny to check antecedents of the bidders, including their credit worthiness, in a move that is see...
Panel begins review of GST laws to remove glitches
Courtesy : The Times of India 09 November 2017
Smaller Players Complain Of Rise In Compliance Burden A committee of government officials has started a review of the laws governing goods and services tax (GST), signalling there is no reluctance to...
1 2 3 31
© 2012 Centre for Tax Awareness and Research Design and Developed by

During my 37-year-old career with Income Tax department, I moved from place to place, post to post. For me, every posting was a challenge, and at the same time an opportunity to deliver.

After my retirement as Chairman of Central Board of Direct Taxes, I was invited by various institutions and NGOs to deliver talks on tax matters. While advising taxpayers across sectors, I noticed, our vast salaried class including armed and paramilitary forces, pensioners or senior citizens, NRIs, professionals and small business establishments need the right guidance. Most taxpayers do comply with their tax obligations fully. Yet, they are not somehow relaxed and are burdened with anxieties. A large number of taxpayers are not even aware that getting tax refund on time is a basic right.

In one such meeting, a middle-aged man quizzed me why could not I give tax advice 24X7. For a moment, I had no answer. He then added that I should give tax solutions online so that he does not need to come from a remote place to attend my lecture. I thanked him for his suggestion.

For a while I was restless. Already I had got myself enrolled as a Member of the Bar Council of Delhi and as an Advocate of Delhi High Court Bar Association, thanks to my law degree from the University of Allahabad. Yet, I was not sure how I could help the vast majority of taxpayers who somehow maintain a safe distance from the taxmen. I then tossed the idea of creating a tax think-tank with some of my former colleagues and highly spirited individuals. All of us immediately agreed on one count: millions of Indian taxpayers expect to access tailor-made tax research materials and seek guidance from those who have been parts of the tax machinery for decades.

That is how CTAR was born. So, be a part of our passionate journey to explain tax laws and rules in simpler words. Just drop us a few lines on any query related to direct and indirect tax or FEMA. We are at your assistance. We also look forward to hearing your experiences while dealing with the system.