FM Nirmala Sitharaman lauds Honest Taxpayers on Income Tax Day

FM Nirmala Sitharaman lauds Honest Taxpayers on Income Tax Day
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On Saturday, it was the 161st anniversary of Income Tax Day and India’s Finance Minister Nirmala Sitharaman complimented the related entities.

FM Sitharaman, on Saturday, said that honest taxpayers deserve to be recognised for dutifully paying their share of taxes.

Sitharaman also have a message to the I-T (Income Tax) Department and applauded their continuous work towards simplifying its procedures and processes, and making its functioning hassle-free, fair and transparent.

The Minister of State for Finance Pankaj Chaudhary also complemented the I-T Department for doing great in its ‘twin role’ of revenue collection and implementation of tax policies in a fair and transparent manner.

Adding in, Chaudhary said that most of the processes and compliance requirements have been shifted to online platforms and that the need for the taxpayers to physically visit the Income Tax Offices has been minimized. He said this has turned to be a boon for both, the taxpayers, and the collectors.

The minister also highlighted the fact that interaction with taxpayers is now characterised by a spirit of trust and respect, relying more on voluntary compliance.