Kohima, May 16 (DIPR): Nagaland stands lowest in the share of taxes collected in the country. This was revealed during a one day training on Income Tax & TDS jointly organised by the Finance Department, School Education Department and Directorate of Income Tax, Guwahati held on May 16 at NBCC convention hall.
As of record among the NE states, Assam stands 1st in the list of Income Tax collected, Meghalaya stands 2nd and Nagaland stands 6th.
Highlighting the importance of Income Tax & TDS, as per the provisions of section 80 CCD of the Income Tax Act, 1961, each individual employed by the Central or State Government are bound to pay their income tax. Finance Commissioner Temjen Toy said that taxes have to be paid at the source. Stating that though tribals are exempted from paying Income Tax, it was important for departments like School Education, which has a large number of non-tribals as employees from whom their income taxes should be derived. Towards this, he said, the DDOs have an important role to play, lest the burden of paying the penalty becomes extremely high.
OSD (Finance) V Kezo said that Income Tax is a “sovereign levy” and the State Government is duty bound to facilitate for proper deduction of tax at sources on a monthly basis. Stating that the State Government is collecting all information on all non-tribals who are not paying income taxes, he urged the DDOs to encourage and sensitise those employees to start paying their TDS.
In view of the importance of Tax, more DDO’s will be appointed in all the Departments and provide assistance in the form of Chartered Accountant to help in filing the Income Tax.
