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Mint Views: Pre-filled mutual funds gains info may boost tax compliance04:08 PM IST
Capital gains tax dues to show up on a tax assesses's IT e filing interface. Revenue department is in talks with the Securities and Exchange Board of India (SEBI) to work out a mechanism on this front . This will help millions of retail investors file returns on their own without being having to relied upon the CA to do the calculation. The move is expected to ease up the procedure for tax payers . If this gets implemented then it will bring in further tax compliance and ensure ease and efficiency both for tax payers and tax authorities. Watch a daily dispatch from Mint's Views team sharing their views and decoding implications on key issue of the day.