May 10, 2026 10:00 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Big defence boost: India successfully tests advanced Agni MIRV missile | India, Singapore unite for tough action against terror and transnational crime | TVK crosses majority mark with VCK, IUML support | I bow before Bengal: PM Modi’s powerful gesture at Suvendu Adhikari’s oath goes viral | Bengal turns a new page: Suvendu Adhikari takes oath as CM amid massive NDA show of strength | Cloud over Tamil Nadu government formation as Governor asks Vijay to prove majority | 1 Year of Operation Sindoor: PM Modi says it showed India’s firm response to terror | ‘Larger conspiracy ahead of PM Modi’s visit’: BJP on killing of Suvendu Adhikari’s aide | ‘My car was on OLX for sale’: Siliguri owner says number plate used in Suvendu aide assassination may have been cloned online | ‘Pre-planned political assassination’: BJP’s Swapan Dasgupta on Suvendu aide’s killing

Tax structure be simplified and made more liberal: Calcutta Chamber of Commerce

| | Apr 24, 2015, at 02:18 am
Kolkata, Apr 23 (IBNS).Kolkata, Apr 23 (IBNS) An interactive session on "Current Income Tax Laws vis-a-vis ease of doing Business" was organized by the Calcutta Chamber of Commerce on Thursday.
C.L. Denzongpa, Principal Chief Commissioner of Income Tax, West Bengal & Sikkim was present on the occasion.
 
 The focal point in the interaction attended by Corporate Giants, Financial Experts, Tax Professionals and officers of Income Tax and Customs & Central Excise was that in the era of Globalization and Liberalization, Income Tax and Customs & Central Excise Tax Laws should be made more liberal, simplified and transparent so that more revenue can be generated for national exchequer and revenue deficit can be kept under control. 
 
Lower rates of Income, Corporate and Customs & Central Excise Tax can bring more assesses to tax net which will enhance the net tax revenue to a great extent.
 
The speakers emphasized on keeping the Government’s revenue and financial deficits under control and on simplifications of IT Laws, Lesser Tax barriers and to do away with double taxation.
 
#Tax structure be simplified and made more liberal: Calcutta Chamber of Commerce

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm