PM launches new taxation platform to honour honest taxpayers

 

New Delhi: Prime Minister Narendra Modi on Thursday launched a brand new taxation platform to 'honour the honest'.

The PM mentioned faceless evaluation, faceless enchantment and taxpayer constitution are a part of new platform ‘Transparent Taxation – Honoring the Honest’.

He mentioned that sincere taxpayers performed an necessary position in nationwide growth.

“Policy-driven governance minimises grey areas, cutting discretion,” he mentioned.

The prime minister mentioned that basic reforms have been wanted in Indian tax system and an effort was on to make the tax system seamless, painless and faceless.

“Faceless assessment, taxpayer charter starts from today, faceless appeal to begin from Septemeber 25,” he added.

Modi mentioned India was amongst nations with lowest company tax.

Taxpayer Charter outlining proper and duty is a vital growth, he mentioned.

“Tax return scrutiny has been cut to one-fourth to 0.26 per cent of all returns filed,” mentioned Modi.

 

Asianet.in/NewsDesk: Asianet Online