Finance Minister Nirmala Sitharaman on Saturday stated trustworthy taxpayers need to be recognised for dutifully paying their due share of taxes and appreciated the Revenue Tax Division for profitable implementation of varied reforms.
In her message to the I-T Division on the 161st anniversary of Revenue Tax Day, she complimented the division for persevering with to work in the direction of simplifying its procedures and processes, and making its functioning hassle-free, truthful and clear.
“The minister noticed that the trustworthy taxpayers need to be acknowledged for the contribution they’re making to the progress of the nation by dutifully paying their due share of taxes… She additionally lauded taxpayers for discharging their compliance obligations regardless of the difficulties attributable to the pandemic,” an official assertion stated.
Minister of State for Finance Pankaj Chaudhary noticed that a lot of the processes and compliance necessities have been shifted to on-line platforms and the necessity for taxpayers to bodily go to tax workplaces has been eradicated or minimized.
He highlighted the truth that the interplay with taxpayers is now characterised by a spirit of belief and respect, relying extra on voluntary compliance.
Income Secretary Tarun Bajaj additionally complimented the division for having achieved effectively in adapting itself to the emergent adjustments within the financial system and having been in a position to obtain a wholesome progress in tax collections.
He additionally appreciated the initiatives undertaken by the division to reorient its method in the direction of income assortment, making its functioning trust-based and taxpayer-centric.
Central Board of Direct Taxes (CBDT) Chairman J B Mohapatra lauded the tax officers for his or her collective efforts and successfully fulfilling their twin position because the income incomes arm of the nation and supplier of taxpayer companies.
Referring to the bigger and far-reaching coverage measures like ‘Honouring the Trustworthy’, Faceless Regime and adoption of the Taxpayers’ Constitution, he famous that these initiatives have made the departmental functioning extra clear, goal and taxpayer-friendly.