Sensex 28442.1 -223.94 -0.78%
Nifty 8606 -100.7 -1.16%
Department of Commercial Tax of Orissa launched today the Electronic Filing of Commercial Tax Returns and Electronic application of Registration for Tax Identification Number (TIN)/Small Registered Dealers Identification Number (SRIN) through their website www.orissatax.gov.in .
This service, coupled with the earlier launched Electronic Payment of Taxes, empowers the manufacturers, dealers and merchants to regularly interact and transact with the Orissa Commercial Taxes Department from the comfort of their offices/homes.The system was launched by the Hon’ble Prafulla Chandra Ghadai, Finance & Excise Minister, Government of Orissa.
Orissa Commercial Taxes Department and its IT partner Mastek Ltd., a leading IT solutions player providing IP-led enterprise technology solutions to government, insurance and financial services organizations worldwide,have worked hard to make this vision a reality.
This launch is the culmination of creating a centralized solution with centralized data and application which connects all the Orissa Commercial Taxes Offices to enable the provisioning of this electronic and real-time solution. Mastek has been supporting the Orissa Commercial Taxes Department to provide these innovative solutions since 2003. This has resulted in Orissa Commercial Taxes Department emerging as one of the most IT-enabled Government Department in Orissa, and also an IT mature Department amongst its peers in other States.
The solution brings about manifold benefits to the department as well as dealers and merchants. It helps do away the long queues and time spent at the Department office thereby increasing the convenience of the dealers/merchants in their interaction with the Department.
Speaking about the ‘e-Services’ initiative and electronic registration and returns-filing solution, Vilas Kanyal, Head – India & APAC at Mastek, said, “We are honoured to work with the Orissa Commercial Tax department. This front-office solution, combined with the back-office solution developed by us earlier, helps the department reduce total turnaround time to deliver the registration certificate, collect tax returns and identify the defaulters. This solution also reduces manual record keeping and chances of error. The success of this initiative would not have been possible without the vision and commitment of Hon’ble Minister Shri P. Ghadai, Shri J.K. Mohapatra, Principal Secretary and Shri N.B. Dhal, Commissioner of Commercial Taxes.”
Nikunja Bihari Dhal, Commissioner of Commercial Taxes, Government of Orissa said, “With the launch of the electronic filing of tax returns and registration, we have fulfilled the expectation of trade & individuals. The e-Services initiative also takes us a step closer in preparation of the upcoming GST regime. Mastek team has designed, developed and implemented this solution. They continue to work with us since 2003 to transform the tax administration system in the state, right from Sales Tax regime to Value Added Tax regime.”
Vilas Kanyal added, “The Mastek team has worked closely with the department for this milestone achievement which will result in complete transparency of interactions/transactions and will enable the dealers, manufacturers and merchants to focus more on their respective businesses and contribute in growth of Orissa’s economy”.
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.