A Smart Gateway to India…You’ll love it!
WelcomeNRI.com is being viewed in 124 Countries as of NOW.

WelcomeNRI.com is being viewed in 124 Countries as of NOW.
Goa Working On Allowing NRIs And PIOs To Pay Taxes In Advance
WN Updated: Wednesday  102016 09:57 IST                           Change font size      Print this story     E-Mail this story
PANAJI: Goa government is working on a facility which will save the Non Resident Indians and Persons of Indian origin from paying their state taxes annually by offering them a depository.

The NRI commissionerate can act as a depository for theNRIs and PIOs, who can deposit their taxes for next three years, Chief Minister Manohar Parrikar told the Legislative Assembly here today.

"The NRI commissionerate can levy some fees and act as a depository," Parrikar told the House.

He said he was fully aware of the difficulties faced by the NRIs who have to spend their entire stay in Goa running around to pay the annual taxes.

"I agree in principle to set up mechanism to collect advance tax from NRIs. The people who live abroad have a headache in paying the taxes," he said, adding that various mechanisms can be worked out to solve their problem.

BJP legislator Glenn Ticlo had raised the issue on the floor of the House asking "whether government can take the advance payment of the tax."

Ticlo said that such a system of advance payment would reduce the inconvenience to the tax payer.

He suggested the mechanism to collect taxes in advance for next three years, instead of annually.

Parrikar said that collecting the advance tax for general population is a complicated issue.

"There are various departments involved in it. Government will take a decision on this aspect (of collecting advance tax from everyone) before end of current financial year," he added.
A Smart Gateway to India…You’ll love it!

Recommend This Website To Your Friend

Your Name:  
Friend Name:  
Your Email ID:  
Friend Email ID:  
Your Message(Optional):