Parthasarathi Shome panel for tax administration reform set up

In a bid to bring more credibility among tax payers and to streamline income tax procedures, the Union Government has set up a Tax Administration Reform Commission (TARC) comprising officials from public and private sector agencies.

 About Tax Administration Reform Commission (TARC)

Chairman: Dr. Parthasarathi Shome.

Focus: On the rules and features and structural reforms in tax administration.

Members: Former chairmen of two tax boards, Former Chief Financial Officer from IT service provider Tata Consultancy Services and an Ex-Vice President for Taxation from the Murugappa Group.

Purpose: To bring in more transparency in the tax department and in the collection of taxes as a certain amount of “distrust” emerged between the tax department and the tax payers.

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