TAXATION COMMITTEES

Tax  reforms committees.

Tax committees  and  chronological order of taxes.

1.Taxation enquiry commission- 1953-54

Progressive tax structure.

2.Indian tax reform commission/ Kaldor- 1956.

He focus on direct taxation .

He favor wealth ,capital gain, gift tax and personal expenditure tasx(abolish in 1962)

 3.Tax committee for rationalization and simplification of direct taxation/Bhoothalingam’s committee- 1968.

Direct tax inquary committee/Wanchoo committee- 1970-71.

He focused on black money.

K.N.Raj committee on tax on agriculture wealth and income- 1972.

6.Indirect tax enquiry commitee-/L.K.Jha committee- 1977.

Focus on union excise duty.

This committee Introduced MANVAT.

 7.Choksi committee – 1977-78

This committee consolidate 4 taxes-

1.income,2. wealth,3.gift, and sur tax.

8.Chelliah committee- 1991

Rekhi committee- 1993

Focus on indirect tax.

10.Vijay kelkar committee- 2002

Simplification and rationalization of direct and indirect taxes.

   

 chronological  order  of  taxes.

1.Land revenue tax – 1773.

2.Income tax- 1860.

3.Motor vehical tax-1914

4.Entertainment tax- 1922 ,Bengal

5.Sale tax- 1956.

6.Expenditure tax ,wealth tax and capital gain tax- 1956.

7.Gift tax- 1958.

8.Corporation tax- 1961.

9.Income tax act- 1961.

10.MANVAT- 1977.

11.MODVAT- 1986.

12.Service tax act- 1994.

13.CENVAT- 2000-01

 14.VAT- 2003.

15.Fringe benefit tax-2005.

16.Tribunal tax- 2005.

17.GST-  1 July 2017.