India  

Tax scrutiny dropped to 0.26% of all returns: PM Modi

Video Credit: ANI - Duration: 02:20s - Published
Tax scrutiny dropped to 0.26% of all returns: PM Modi

Tax scrutiny dropped to 0.26% of all returns: PM Modi

Prime Minister Narendra Modi at launch of 'Transparent Taxation - Honoring the Honest' platform stated that the tax scrutiny has dropped to 0.26% of all returns since 2012-13.

"In 2012-13, 0.94% of all tax returns were scrutinised.

In 2018-19, this figure came down to 0.26%.

This means, case scrutiny has reduced about four times," PM Narendra Modi.

"In the past 6 years, India has witnessed the evolution of a new governance model in tax administration.

We have decreased - complexity, taxes, litigation, and increased - transparency, tax compliance, and trust on the taxpayer," PM Modi added.


You Might Like

Related news from verified sources

Scrutiny of tax returns has been cut to one-fourth after reforms: PM Modi

According to a release of the Prime Minister's Office (PMO), the Central Board of Direct Taxes (CBDT)...
DNA - Published


Related videos from verified sources

'Tax system should be seamless, painless & faceless': PM Modi [Video]

'Tax system should be seamless, painless & faceless': PM Modi

Prime Minister Narendra Modi unveiled faceless tax scrutiny and appeal and urged people to pay their taxes and contribute to nation building. Launching the platform 'Transparent Taxation – Honoring..

Credit: HT Digital Content     Duration: 06:02Published