In an attempt to increase awareness among common masses and improve working efficiency in tax practitioners on various issues of Taxation Law in Jharkhand, All India Federation of Tax Practitioners (AIFTP), Eastern Zone with Jharkhand Income Tax Bar Association, Ranchi and Jharkhand Commercial Tax Bar Association, Ranchi jointly organised a two-day National Tax Conference (NTC) in the State capital on Saturday on subject of ‘New Tax Laws – Impact and Promotion’.
While inauguration the mega event as Chief Guest Supreme Court Justice, Vinit Saran said that paying tax is necessary in building of the nation. In this process tax payers and tax practitioners play a very important role. Proper counting of tax and proper payments of tax is necessary for development of the country.
National president, AIFTP, Ashok Sarraf said that the union organises the event on time to time to improve work efficiency of the tax practitioners and such kinds of programme proved beneficial for them. “The main objective to organise the conference to improve good working skill in tax practitioners and to simplify the tax laws to increase income of the country which can make India as world’s number one economy,” he added.
Around 700 delegates from across the Country have come to participate in the two day conference to discuss on various issues of the taxation laws. Such kind of mega event on taxation is organising in Ranchi after eight years. Other than Supreme Court Justice Vinit Saran, Chief Justice, Jharkhand High Court (HC), Anirudh Bose was also present as special guest with all judges of the HC. The Income Tax Appellate Tribunal president PP Bhatt and three vice presidents including PM Jagtaap, Pramod Kumar and GS Pannu were present there to ensure success of the event.
After the inaugural session of the programme five technical sessions took place, in which specialists from across the country addressed on various implications of taxations. Detailed discussions on various issues of Income Tax and Goods and Services Tax to how simplify them took place. The discussion also benefitted tax practitioners as well as common man.