Indian Prime Minister- Shri Narendra Modi talks about Income Tax of India

Have a look at the highlights from PM’s addressing:

1. The PM announced that under the transparent platform, faceless assessment and taxpayers charter will come into force from today, and facility of faceless appeal will come into force from 25th September. 

2. Transparent Taxation Platforms aims to make the system seamless, faceless, and Painless.

3. The taxapyers charter is a historical document laying out various rights of the taxpayers. 

4. Under the Faceless Appeals system introduced by the government, appeals will be randomly allotted to any office across the country, and the identity of the officer deciding the appeal will remain unknown. Further, decisions will be team-based.

5. The Income Tax department will now have to trust the taxpayers, who will also have the right to appeal in case of any suspicion from the IT dept

6. The PM also announced that the tax return scrutiny has been cut to one-fourth to 0.26 percent of all returns filed

7. The taxpayer is now assured of fair, courteous and rational behavior. That is, the income tax department now has to take care of the taxpayer's dignity sensitively.

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