In a bid to reward the taxpaying citizens of India, Prime Minister Narendra Modi launched a platform which will honour the honest taxpayers.
Unveiling the “Transparent Taxation – Honoring the Honest” platform through video conferencing, the prime minister also laid out the next phase of reforms of the direct taxes which is aimed at easing the tax compliance and also rewarding honest taxpayers in the midst of coronavirus (COVID-19) pandemic which has severely hit the Indian economy because of the rising number of cases and the lockdowns.
Transparent Taxation - Honoring the Honest: Top Points by PM Modi, Sitharaman:
* Faceless assessment, faceless appeal and taxpayer charter part of new platform 'Transparent Taxation – Honoring the Honest'
* Honest taxpayers play an important role in national development, said PM Modi launching new tax platform
Policy-driven governance minimises grey areas, cutting discretion
* Faceless assessment, taxpayer charter starts from today, faceless appeal to begin from Sep 25
* Fundamental reforms were needed in the Indian tax system
* The effort is to make tax system seamless, painless and faceless
* Taxpayer Charter outlining right and responsibility is an important development
* Tax return scrutiny has been cut to one-fourth to 0.26 per cent of all returns filed
* Number of taxpayers in the country is a very small percentage of the total population
* Today is the landmark day in the history of the taxation administration, said Finance Minister Nirmala Sitharaman
* PM's vision is to empower the taxpayer, to provide a transparent system and to honour honest taxpayers. To realise this vision, CBDT has given a framework & put in place this system, said Finance Minister Sitharaman
Income Department officials deserve our respect, said FM Sitharaman
In a bid to reward the taxpaying citizens of India, Prime Minister Narendra Modi launched a platform which will honour the honest taxpayers.
Unveiling the “Transparent Taxation – Honoring the Honest” platform through video conferencing, the prime minister also laid out the next phase of reforms of the direct taxes which is aimed at easing the tax compliance and also rewarding honest taxpayers in the midst of coronavirus (COVID-19) pandemic which has severely hit the Indian economy because of the rising number of cases and the lockdowns.
Transparent Taxation - Honoring the Honest: Top Points by PM Modi, Sitharaman:
* Faceless assessment, faceless appeal and taxpayer charter part of new platform 'Transparent Taxation – Honoring the Honest'
* Honest taxpayers play an important role in national development, said PM Modi launching new tax platform
Policy-driven governance minimises grey areas, cutting discretion
* Faceless assessment, taxpayer charter starts from today, faceless appeal to begin from Sep 25
* Fundamental reforms were needed in the Indian tax system
* The effort is to make tax system seamless, painless and faceless
* Taxpayer Charter outlining right and responsibility is an important development
* Tax return scrutiny has been cut to one-fourth to 0.26 per cent of all returns filed
* Number of taxpayers in the country is a very small percentage of the total population
* Today is the landmark day in the history of the taxation administration, said Finance Minister Nirmala Sitharaman
* PM's vision is to empower the taxpayer, to provide a transparent system and to honour honest taxpayers. To realise this vision, CBDT has given a framework & put in place this system, said Finance Minister Sitharaman
Income Department officials deserve our respect, said FM Sitharaman