| Help is on the way for filing of returns (Sify)
Small taxpayers can soon look forward to some assistance coming their way for preparing income-tax returns. The Finance Minister, P. Chidambaram, on Monday announced the launch of a `Tax Return Preparers Scheme' to train unemployed and partially employed people to assist small taxpayers in preparing their income-tax returns.
In the current financial year, the scheme is being launched on a pilot basis to train 5,000 tax return preparers (TRPs) at 100 centres in around 80 cities across the country. Read More
Free help for filing tax returns soon (Rediff)
Self-employed individuals, women, senior citizens and Hindu undivided families (HUFs) whose income-tax returns do not have to be audited will be able to use "tax return preparers" for filing their returns free of cost from next year.
According to the Tax Return Preparers Scheme, unveiled by Finance Minister P Chidambaram, 5,000 graduates with degrees in commerce, law, economics, mathematics, statistics or management would be trained to prepare tax returns. The scheme was announced in this year's Budget. Read More
Fin Min hires people to help you file tax returns (Money Control)
November 07, 2006
The Finance Ministry proposes to recruit 5,000 people in 80 cities to help the self-employed, small businesses and salaried people to file tax returns. CNBC-TV18 finds that the Finance Ministry is eying the non-agricultural rural income, much of which escapes the tax net.
When the Finance Ministry talks about revenue share, it means the revenue department getting a share of someone else's revenue or income. Read More
Free professional help for filing returns next year (Business Standard)
Self-employed individuals, women, senior citizens and Hindu undivided families (HUFs) whose income-tax returns do not have to be audited will be able to use “tax return preparers” for filing their returns free of cost from next year.
Read More
TRPs (tax return preparers) on the way, to help fill in IT (income tax) returns (gurgaonscoop)
The government is all set to launch the scheme of tax return preparers(TRPs) (TRPs) to help new income tax assesses file returns free of cost. However, old assesses may take their help at a nominal fee.
Since every year 25-30 lakh new tax assesses are joining the income tax fold, the Finance Ministry has decided to help them file returns. The ministry will give licences to 5,000 graduates with basic accountancy skills to help people with an annual taxable income of up to Rs 3 lakh file returns, a senior official in the Finance Ministry told The Tribune.
Graduates with subjects like mathematics, statistics, accountancy, economics or computers would be eligible to work as tax return preparers(TRPs). There will be no age bar for applying under the scheme. Even retired people could apply for a licence. Read News
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