The Government of India approved the proposal for setting up of the TARC (Tax Administration Reform Commission) to remove ambiguity and establish a stable and non-adversarial tax administration.
The Commission will consist of a Chairman, two full time members and four part-time members, of which at least two part-time members will be from the private sector.
The Commission will review the application of tax policies and tax laws in India in the context of global best practices and recommend measures to strengthen the capacity of the tax system in India that would reflect best global practices.
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