Tattva NewsTattva News
  • Telegu states
  • Regional
  • National
  • International
  • Economy
  • Others
  • Special Stories
  • Opinion
Weather Report
Facebook Twitter Instagram
Trending
  • Dr Bhagwat slams regulatory rigidity in education
  • Indian EV market to touch Rs. 20 lakh crore by 2030
  • Pragjyotishpur LitFest ’24 concludes with a high note
  •  Former Haryana CM, INLD chief Om Prakash Chautala passes away
  • Parliament adjourns sine die amid protests by Opposition and treasury benches
  • Opposition notice for no-confidence against Dhankhar rajected
  • PM Modi lists out ‘sins’ of Congress towards Ambedkar
  • Globally a record number of journalists killed in 2024: India loses 4 scribes
Facebook Twitter Instagram Pinterest
Tuesday, February 10
Click for the latest Hyderabad weather forecast.
Telugu
Tattva NewsTattva News
  • Telegu states
  • Regional
  • National
  • International
  • Economy
  • Others
  • Special Stories
  • Opinion
Tattva NewsTattva News
Telugu
Home » Venkaiah Naidu calls for further simplifying the tax system
Economy

Venkaiah Naidu calls for further simplifying the tax system

Editor's Desk, Tattva NewsBy Editor's Desk, Tattva NewsApril 30, 2022Updated:April 30, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Vice President, M. Venkaiah Naidu called for further simplifying the tax system to promote voluntary compliance and reduce litigation. Appreciating the government’s efforts to do away with complex and tedious processes, he called for intensifying the efforts toward creating a stable, user friendly and transparent tax regime in the country. 

Addressing the Valediction Ceremony of the 74th Batch of Indian Revenue Service (Income Tax) at National Academy of Direct Taxes (NADT) at Nagpur, he Vice observed that technology can be a great enabler in our endeavour toward creating a transparent and taxpayer-friendly administration.

“Leveraging digital technology is crucial for financial inclusion, ease of service delivery and plugging leakages from various welfare schemes,” he added.

Observing that the country expects a high order of efficiency and integrity from all civil servants, the Vice President asked the officers to set a high benchmark, improve the system to make a positive difference in the lives of people. “We are not content with the status quo. We want to convert our Swaraj into Suraj or good governance,” he stressed.

Terming effective tax administration as the bedrock of national development and one of the pillars of good governance, the Vice President underlined that tax collection needs to increase but it should be done in a transparent and user-friendly way, not in an arbitrary manner. 

Stressing the need to minimise the adverse impact of taxation on taxpayers, he said, “if taxpayers continue to grow in their respective productive activities, both the national GDP and the revenue collections will continue to grow.” Referring to several tax reforms in recent years such as focus on litigation management to avoid repetitive appeals, Faceless Regime and adoption of the Taxpayers’ Charter, the Vice President complimented CBDT for ushering in these far-reaching policy measures. “I firmly believe that interaction between taxpayers and taxmen should be characterized by a spirit of trust, transparency and mutual respect,” he said.

IRS M Venkaiah Naidu NADT tax system
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor's Desk, Tattva News

Related Posts

Indian EV market to touch Rs. 20 lakh crore by 2030

December 21, 2024

80% of Indian SMBs rely on online advertising

December 18, 2024

India’s FDI journey hits US$ 1 Trillion 

December 17, 2024

Indian entertainment industry to grow at 8.3%

December 12, 2024

Auto retail sales up 11.21% in November riding on two-wheeler demand

December 11, 2024

Hosiery sector revenue set for 10-12% growth

December 10, 2024

Leave A Reply Cancel Reply

FOLLOW US
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
REGIONAL

‘Samatar Chandere Jivanar Joigaan’ to pay homage to Ambedkar

December 6, 2024

PPFA offers thanks to Delhi, Dispur for classical recognition to Asomiya

October 12, 2024

Yogi slams Congress prince heading to become anti-India separatist group leader

September 12, 2024

Rajasthan CM  gets threat call from Dausa jail

July 29, 2024
NATIONAL

Dr Bhagwat slams regulatory rigidity in education

December 21, 2024

 Former Haryana CM, INLD chief Om Prakash Chautala passes away

December 20, 2024

Parliament adjourns sine die amid protests by Opposition and treasury benches

December 20, 2024

Opposition notice for no-confidence against Dhankhar rajected

December 20, 2024
Tattva News
Facebook Twitter Instagram Pinterest LinkedIn
  • Telegu State
  • Regional
  • National
  • International
  • Economy
  • Others
  • Special Stories
  • Opinion
  • Contact Us
© 2026 Tattva Talks Designed by Dhanush Infotech .

Type above and press Enter to search. Press Esc to cancel.