Taxpayer friendly measures eSahyog and PAN camps launched
Q. Finance Minister Arun Jaitley launched which two measures with the view to streamline taxation procedure on 27th October 2015?- Published on 28 Oct 15a. eSahyog, PAN Camps
b. e-Upyog, PAN Camps
c. eSahyog, PAN List
d. None of the above
ANSWER: eSahyog, PAN Camps
FM Arun Jaitley launched two taxpayer friendly measures- eSahyog and PAN Camps to streamline the taxation procedure. The twin initiatives of the CBDT were launched to ensure ease of operation for the assessed. The e-Sahyog focuses on reducing compliance costs, more so for small taxpayers. It provides an online mechanism for resolving mismatches in IT returns of taxpayers. PAN camps are expanding the coverage of people through PAN. While 23 crore persons have been issued with PAN cards, only 5 crore have filed their income tax returns.