"Out of all the tax returns in the year 2012-13, scrutiny of 0.94 per cent was done. In the year 2018-19, this figure has come down to 0.26 per cent. The scrutiny of cases has reduced by almost one fourth," he said, according to news agency ANI.
"A new journey is beginning today honouring the honest. Country's honest taxpayers play an important role in nation-building. New facilities beginning from today establishes our commitment to minimum government and maximum governance," he said at an event called "Transparent Taxation—Honouring the Honest".
वर्ष 2012-13 में जितने टैक्स रिटर्न्स होते थे, उसमें से 0.94 परसेंट की स्क्रूटनी होती थी।
वर्ष 2018-19 में ये आंकड़ा घटकर 0.26 परसेंट पर आ गया है।
यानि केस की स्क्रूटनी, करीब-करीब 4 गुना कम हुई है: PM @narendramodi #HonoringTheHonest
— PMO India (@PMOIndia) August 13, 2020
Minister Nirmala Sitharaman
said the facilities are a landmark for tax administration. "The Prime Minister's vision is to empower taxpayers, to provide a transparent system and to honour the honest taxpayer. To realise this vision, CBDT has given a framework and put in a place a system in the form of this platform," she said, referring to the Central Board of Direct Taxes.
Last year, the government had slashed corporation tax rates from 30 per cent to 22 per cent, while that for new manufacturing units was reduced to 15 per cent. Dividend distribution Tax was also abolished.
(With agency inputs.
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