We are focussing on making tax-paying seamless, painless, faceless: PM Modi

August 13th, 11:28 am

PM Narendra Modi rolled out a taxpayers charter and faceless assessment on Thursday as part of the government's effort to easing the compliance for assessees and reward the honest taxpayer. He also launched the Transparent Taxation - Honoring The Honest platform, in what he said will strengthen efforts of reforming and simplifying the country's tax system.

PM Modi launches "Transparent Taxation - Honoring The Honest" platform

August 13th, 10:27 am

PM Narendra Modi rolled out a taxpayers charter and faceless assessment on Thursday as part of the government's effort to easing the compliance for assessees and reward the honest taxpayer. He also launched the Transparent Taxation - Honoring The Honest platform, in what he said will strengthen efforts of reforming and simplifying the country's tax system.

Prime Minister Shri Narendra Modi to launch the platform for “Transparent Taxation – Honoring the Honest” on the 13th August 2020.

August 12th, 11:00 am

PM Modi will launch the platform for “Transparent Taxation – Honoring the Honest”. The CBDT has carried out several major tax reforms in direct taxes in the recent years. Last year, the Corporate Tax rates were reduced from 30% to 22% and for new manufacturing units, the rates were reduced to 15%. Dividend distribution Tax was also abolished. The launch of the platform by the PM will further carry forward the journey of direct tax reforms.