PM Modi unveils ‘fundamental reforms’ for taxpayers

Mew Delhi: Prime Minister Narendra Modi on Thursday emphasised the role of tax compliance in nation-building and said the government is following a policy-driven governance model.

“The emphasis is on making every rule-law, policy people-centric, and public friendly. This is the use of the new governance model and the country is getting its results,” he said while speaking at the launch of a platform for “Transparent Taxation-Honoring the Honest”.
The Prime Minister said that the new tax system is going to become faceless and this will give a belief of fairness and fearlessness to taxpayers.

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“The trend of structural reforms in the country has reached a new stage today. Transparent Taxation – Honoring the Honest, this new system of the 21st-century tax system has been launched today,” he said.
“The platform has major reforms like faceless assessment, faceless appeal and taxpayers’ charter. Faceless assessment and taxpayers charter has come into force from today. The facility of faceless appeal will be available for citizens from September 25 on the birth anniversary of Pt Deen Dayal Upadhaya,” he added.

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“Now the tax system is going to become faceless but this will give believe to fairness and fearlessness to taxpayers. In the last 6 years, our focus was banking the unbank, securing the unsecured, funding the unfunded,” said Modi.

“A new journey is beginning today honouring the honest. Country`s honest taxpayers play an important role in nation-building. New facilities beginning from today establishes our commitment to minimum government and maximum governance,” he added.

Meanwhile, Union Finance Minister Nirmala Sitharaman said that the initiative is a landmark in the history of tax administration.

“The Prime Minister`s vision is to empower taxpayers, to provide a transparent system and to honour the honest taxpayer. To realise this vision, CBDT has given a framework and put in a place a system in the form of this platform,” she said.

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“A transparent, efficient and accountable tax administration is what this platform brings it. It uses technology, data analytic and also uses artificial intelligence. It eases compliance burden, brings fair, objective and just system,” the Minister added.

According to a release of the Prime Minister`s Office (PMO), the Central Board of Direct Taxes (CBDT) has carried out several major tax reforms in direct taxes in recent years.

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