Finance Minister Nirmala Sitharaman on Saturday stated sincere taxpayers need to be recognised for dutifully paying their due share of taxes and appreciated the Income Tax Department for profitable implementation of varied reforms.
In her message to the I-T Department on the 161st anniversary of Income 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 observed that the honest taxpayers deserve to be recognized for the contribution they are making to the progress of the nation by dutifully paying their due share of taxes… She also lauded taxpayers for discharging their compliance obligations despite the difficulties caused by 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 places of work 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.
Revenue Secretary Tarun Bajaj additionally complimented the division for having finished properly in adapting itself to the emergent adjustments within the economic system and having been in a position to obtain a wholesome development 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 providers.
Referring to the bigger and far-reaching coverage measures like ‘Honouring the Honest’, Faceless Regime and adoption of the Taxpayers’ Charter, he famous that these initiatives have made the departmental functioning extra clear, goal and taxpayer-friendly.