Marching towards transparent tax-system requires patchless new Income Tax Act too
It refers to welcome launch of Transparent-Tax-System by Prime Minister on 13.08.2020 with innovative feature of faceless assessments and appeals. Prime Minister rightly stressed for widening of tax-base to bring more and more people under tax-net which presently is a very low percentage of total population. It can be practically increased by incorporating certain practical conveniences for people paying taxes like priority to tax-payers in queues for various government-provided facilities. Income Tax Department sends through emails appreciating coloured certificates for those paying more taxes. These certificates should be sent in laminated form so that proud tax-payers may get these framed to be put in their homes and offices. Names with photos of people paying more taxes can be put on w...