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The Tax Administration Reform Commission or TARC is committee appointed by the Government of India for giving recommendations for reviewing the public Tax Administration system of India. The Union Finance Minister had made an announcement in his Budget Speech 2013-14 for setting up of Tax Administration Reform Commission (TARC) to review the application of tax policies and tax laws in India in the context of global best practices, and to recommend measures for reforms required in tax administration. Accordingly, TARC was established vide the Government of India Notification dated 21 August 2013. The term of the Commission is 18 months and works as an advisory body to the Ministry of Finance. The Commission has given its first set of recommendations to the new government. Dr. Parthasarathi Shome is Adviser (at the level of Minister of State) to the Indian Finance Minister, 2013.[1] He was appointed Chairman of the Tax Administration Reforms Commission (TARC), Government of India (August 2013)[2]
^ http://www.finmin.nic.in/the_ministry/dept_revenue/composition_index.asp. {{cite web}}: Missing or empty |title= (help)
^ http://www.finmin.nic.in/the_ministry/dept_revenue/index_TARC.asp. {{cite web}}: Missing or empty |title= (help)
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