Page 13 - NIS English September 1-15

and Funding the Unfunded” and that the
platform of “Honouring the Honest” is in the
similar direction.

The Prime Minister praised the role of
honest taxpayers in nation building and
said that making the lives of such taxpayers
easy is the responsibility of the government.
“When the life of an honest taxpayer of the
country becomes easy, he moves forward
and develops, then the country also develops
and leaps forward,” the Prime Minister added.
He further said that the country’s tax
THE BENEFITS structure needed fundamental reforms as

FACELESS FACELESS APPEAL the earlier tax structure was developed from
ASSESSMENT lTaxpayer will have the one created during pre-independent
lLocal taxation the right to appeal times. Even several changes made during
officer will not against the notice. Both the post-independent times did not alter its
make assessment taxpayer and the officer fundamental character.
of the case of its will not see face to face The Prime Minister said that the latest laws
own region l Taxpayer can reduced the legal burden in the tax system.

l The case will be complaint against the The limit of filing cases in the High Court has
allotted through officer to its boss and been fixed at up to Rs 1 crore and up to Rs 2
centralized digital through customer care crore for filing in the Supreme Court. Initiatives
process in which number or through like the 'Vivaad Se Vishwas' scheme pave the
any officer could email info.mfin@govt. way for most of the cases to be settled out of
be given the case mt or http://www. court.
lAssessment will finance.govt.mt The Prime Minister also referred to
be done by three lComplainant and rationalisation of tax slab where there is zero
teams. First one the redressal officer tax up to an income of Rs 5 lakh, while the tax
will draft, second will remain ignorant rate has been reduced in the remaining slabs
one will review of each other and it too.
and the final one will be solved within a The Prime Minister, however, said that it
will complete it. stipulated time. cannot be denied that only 1.5 crore people

pay the taxes in a country of 130 crores. He
laying on the returnees. In the last 6 years, India urged people to introspect themselves and
has seen a new model of governance evolving come forward to pay the taxes due. This
in tax administration. Amidst all these efforts, would help in the making of a Self - Reliant
the number of people filing income tax return India, Aatma Nirbhar Bharat. n
has increased by about 2.5 crores in the last 6-7
years.

Prime Minister said that the focus of the SCAN QR https://www.youtube.
com/watch?time_co
Government in the last six years has been CODE FOR PM'S ntinue=4&v=5fIQe
FULL SPEECH
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“Banking the Unbanked, Securing the Unsecured ON TAX mb_logo
REFORMS
New India Samachar 11