New Delhi : Prime Minister Narendra Modi on Thursday launched ‘Transparent Taxation – Honoring the Honest’ platform saying that it will strengthen efforts of “reforming and simplifying India’s tax system.
He said the new platform has big reforms such as faceless assessment, faceless appeal, and taxpayers charter. Faceless assessment & taxpayers charter come in force from today, whereas faceless appeal service will be available from September 25.
“Our effort is that our tax system should be seamless, painless, faceless. Taxpayers charter is also a big step in the country’s development journey” he said.
The Prime Minister further added that, in the last 6-7 years the number of income tax returnees has increased by 2.5 crore. However, in a country of 1.3 billion, only 1.5 crore persons are paying income tax, which is quite low. He has appealed the people who are capable of paying income tax by are not in income tax net, to come forward and contribute in nation building by paying tax.