National News

PM Modi Launches ‘Transparent Taxation’ Platform

New Delhi: Prime Minister Narendra Modi on Thursday launched ‘’Clear Taxation-Honoring the Sincere’ platform, the following section of direct tax reforms aimed toward easing compliance and rewarding trustworthy taxpayers, as the federal government seems to rebuild the pandemic-hit economic system.

Whereas launching the platform PM Modi stated, “This platform has big reforms such as faceless assessment, faceless appeal, and taxpayers charter. Faceless assessment and taxpayers charter come in force from today, whereas faceless appeal service will be available from September 25.”

“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,” the PM added.

“There was a time when there used to be a lot of talk about reforms. Sometimes decisions were taken out of compulsion or pressure and called reforms. So the desired results could not be achieved. Now this thinking and approach have changed,” the PM acknowledged.

“From power-centric to people-centric and public friendly approach – every rule, law and policy is taken out of the process. This is the use of the new governance model of new India and the country is getting happy results as well.”

Finance Minister Nirmala Sitharaman, who was additionally current throughout the launch, stated, “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 and put in place this system.”

The digital occasion was witnessed by varied chambers of commerce, commerce associations, chartered accountants’ associations, and “eminent” taxpayers.  Minister of State for Finance and Company Affairs Anurag Singh Thakur was additionally current throughout the launch.

Additionally Learn:

PM Modi Inaugurates First-Ever Optical Fibre Cable Mission For Andaman And Nicobar Islands

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button