The Members of the Consultative Committee present in the meeting suggested various measures for improving relationship with tax payers. Some members suggested that efforts be made to keep the tax rates low for better compliance. Some suggested that interest on refund may be paid at least at the bank rate of interest. Some Members suggested for widening of tax base for higher revenue collections. Some Members said that tax facilitation centres be opened in rural areas which in turn will help in increased revenue generation. Tax awareness campaign for payment of due taxes on time may also be undertaken in the local language.
Along with the Union Finance Minister, Shri P. Chidambaram, Shri S.S. Palanimanickam, Minister of State for Finance, Shri Namo Narain Meena, Minister of State for Finance, Shri R.S. Gujral, Finance Secretary, Shri Sumit Bose, Revenue Secretary, Shri Arvind Mayaram, Secretary, Department of Economic Affairs (DEA), Dr. Poonam Kishore Saxena, Chairman, CBDT, Ms. Praveen Mahajan, Chairman CBEC and other senior officers of Ministry of Finance were also present during the meeting. Among the Members of Consultative Committee Shri Prabhatsinh Chauhan, Smt. Rajkumari Ratna Singh, Shri S.P.Y. Reddy, Prof. Saugata Roy, Shri W. Bhausaheb Rajaram and Shri M.S. Reddy (all Members of Lok Sabha); Shri Ajay Sancheti, Shri Birender Singh, Shri N.K. Singh, Shri Sabir Ali and Dr. Ashok Sekhar Ganguly (all Members of Rajya Sabha) also attended the aforesaid Consultative Committee Meeting.