PM Modi launches platform for transparent taxation

NEW DELHI, Aug 13, 2020, India Today. Prime Minister Narendra Modi on Thursday launched a platform ‘Transparent Taxation- Honoring the Honest’, which, he said will strengthen efforts of reforming the tax system. The platform will ease tax compliance, the PM said on Thursday, India Today reported.

Dedicating the new platform to honest taxpayers, PM Modi said, “Honest taxpayers play important role in national development. Faceless assessment, faceless appeal and taxpayer charter part of new platform ‘Transparent Taxation Honoring the Honest’.”

Banking the unbanked, securing the unsecured is our motto, PM Modi added.

“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 Prime Minister said.

Effort is to make tax system seamless, painless and faceless, the PM said.

Speaking at the launch, PM said, “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 were called reforms. Due to this, the desired results could not be achieved. Now this thinking and approach, both have changed.”

“Taxpayers charter is also a big step in the country’s development journey,” Prime Minister said.

PM Modi added: “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.”

Finance Minister Nirmala Sitharaman spoke ahead of the launch and said the reform will mark an important step forward in providing a simple and transparent taxation regime.

The virtual event was attended by various chambers of commerce, trade associations, chartered accountants’ associations and “eminent” taxpayers.