Prime Minister Narendra Modi on Thursday launched the 'transparent taxation' platform among other taxation reforms
Prime Minister Narendra Modi on Thursday launched the 'transparent taxation' platform among other taxation reforms. The move brings into effect faceless assessment of taxpayers, faceless appeals and the Rights' Charter for the taxpayers.
With the 'Transparent Taxation Honouring the Honest' that is aimed at carrying forward the journey of direct tax reforms, the taxpayers would not be harassed or treated with suspicion here on.
Speaking at the launch, Modi said that India is among a few countries giving such rights and dignity to the taxpayers.
He said that the charter has been introduced with defined rights and responsibilities. From here on the Income Tax Department cannot doubt anyone without a basis, he said.
Modi is of the view that the structural reforms will add a new dimension along with the transparent taxation platform. He also noted that reforms should be policy-driven and holistic.
Modi pointed out that tax dispute appeals will also be faceless.
He cited that technology has changed allowing for scrutiny process to be distributed randomly. Furthermore, he said that tax scrutiny rate has reduced by a fourth in the last few years. In FY19, there was only 0.26 per cent scrutiny.(IANS)