New Delhi, July 25: The Finance Minister Arun Jaitley exhorted the officers of the Income Tax Department (ITD) to be prompt in redressing the grievances of the tax payers, expand the tax base in a non-intrusive manner even as they strive to achieve the revenue generation targets. He has said that Government will ensure transparency and simplicity in taxation process and minimum possible direct interface between assesses and Income Tax Officers.
Addressing the officers and staff of Income Tax Department on the occasion of Income Tax Day on Monday, Jaitley highlights the initiatives undertaken by the present NDA Government for setting-up an internationally competitive tax regime with a stable policy and a non-adversarial tax administration. Jaitley said, Government has taken a series of N N Nsteps to widen the tax base, eliminate corruption and incentivise honest tax payers.
“Technology has now provided such an option it has reduced substantially itself infect we can enable technology more to substantially reduce this will cut down on compliances this will cut down compliance cost, this will cut down it not eliminate corruption and harassment and therefore, incentivise honest tax payers who is sitting at home have the benefit of filing his returns and then getting his assessment orders.”
Jaitley said that taxes are the backbone of any economy.He said that gradually, the mindset of the people is changing as they want no one should be exempt from tax. He said that privacy cannot be made an excuse for non-compliance.
The Union Finance Minister congratulated the Officers and Staff of the ITD for working towards changing the mindset of the people and helping them become more tax compliant. He also spoke about the various steps undertaken by the present Government to widen the tax base, eliminate corruption and incentivise the honest taxpayers among others.