Speed Post News Network
New Delhi : PM Narendra Modi on September 1, 2017, inaugurated the Rajasva Gyan Sangam in New Delhi, and addressed the tax administrators of both the Union and State governments. The PM exhorted the officers to improve their work-culture, to incorporate both a “sense of urgency”, and “measurability”, in their performance.Mentioning the benefits of the GST, the Prime Minister said that besides economic integration of the country and transparency in the system, more than 17 lakh new traders had been brought into the indirect tax system within two months.
The Prime Minister said that in order to enable all traders to take maximum benefit of GST, we should work towards ensuring that all traders including even relatively smaller traders with a turnover of below Rs 20 lakh should register thmselves with the GST system. He asked the officers to make efforts in that direction by designing a system for this category, according to a PIB release.
The Prime Minister asked the officers to fix clear targets to improve the country’s tax administration by 2022, the 75th anniversary of independence. He said that the Union Government is working towards creation of an environment which shatters the confidence of the corrupt and instills confidence and trust among the honest taxpayer. In this regard, he mentioned steps taken by the Union Government such as demonetization and implementation of stringent laws against black money and benami property, according to the PIB release. The Prime Minister said human interface must be kept to a minimum in the tax administration.
The PM expressed his dismay at the huge pendency of tax-related cases in adjudication and appeal. He said big sums of money locked up in these cases could have been used for the welfare of the poor. He asked officers to come up with an action plan during the Rajasva Gyan Sangam to eliminate pendency.
The Prime Minister asked officers to use data analytical tools to proactively track and determine undeclared income and wealth. He said that though efforts to increase tax revenue are made by officers each year, the estimated amounts of tax that should accrue to the system are often not realised. The Prime Minister asked officers to come up with a time-bound solution to ‘tax raised and not realised’ and asserted that the honest can’t continue to pay the price for the misdeeds of the dishonest. In this regard he also suggested complete reworking of human resource management in the tax departments to strengthen the data analytics and investigation wing.
The Prime Minister hoped that the two-day Gyan Sangam would come up with concrete ideas to improve the tax administration.
… [Trackback]
[…] There you will find 87126 more Info to that Topic: thespeedpost.com/17-lakh-new-traders-brought-into-indirect-tax-system-in-2-months-pm/ […]