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India has shifted from tax terrorism to tax transparency, says Prime Minister

Prime Minister Narendra Modi said that India has left behind the tag of tax terrorism and is moving towards an era of tax transparency. He said, sustained efforts by the government towards the policy of reform, perform and transform this has made it possible. The Prime Minister was speaking after inaugurating the newly constructed office-cum-residential complex of the Cuttack bench of the Income Tax Appellate Tribunal  in Odisha through the virtual mode this evening.

The Prime Minister said that the colonial images of the  tax- collector as the exploiter and the taxpayer as the exploited need to change.  He said due to the transparent tax administration, more and more taxpayers are coming forward to be part of the tax system of the country. The Prime Minister underlined a number of measures which have been taken by the government in easing the tax burden in different sectors of the economy.

Mr Modi, said India is one among only a few countries to have codified the rights and duties of the tax-payers. He said, the trust deficit between the taxpayers and the tax administration has significantly reduced. He pointed out that now only 0.25 per cent  of the returns are being subjected to scrutiny which has boosted tax payers’ faith in the system.

Stressing on the use of technology, the Prime Minister called upon the Income Tax Tribunal administration to explore the possibility of giving primacy to e-hearing of tax appeals, thereby making the process faceless.

On the occasion, he called upon the people to be more and more vocal for locals which would further speed up the economy of the country. He also appealed to the people to continue with the preventive measures like wearing face masks and social distancing to deal with covid-19 infection.  

A number of dignitaries including  Law minister Ravi Shankar Prasad, Petroleum and Natural Gas and Steel Minister Dharmendra Pradhan, Odisha Chief minister Navin Patnaik and President of ITAT  Justice P P Bhat were present on the occasion.

 

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