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New Delhi: Prime Minister Narendra Modi on Thursday launched ‘'Transparent Taxation-Honoring the Honest’ platform, the next phase of direct tax reforms aimed at easing compliance and rewarding honest taxpayers, as the government looks to rebuild the pandemic-hit economy.
While launching the platform PM Modi said, “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 stated.
“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 also present during the launch, said, “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 virtual event was witnessed by various chambers of commerce, trade associations, chartered accountants' associations, and "eminent" taxpayers. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur was also present during the launch.
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