Page 11 - NIS English Jul 16-31 2024

n July 24 the nation celebrates Income Tax
Day. Direct Taxes in India have undergone a
transformation over the last decade. There has “Another big change that
Obeen a paradigm shift in the role and functions has come about since
of the Income Tax Department from being largely 2014 is that the projects
an enforcement organization to a facilitator keeping that have been stuck for
taxpayer services as the cornerstone of its policies. In years are being identified
line with the policies of the Government, the focus has and completed on mission
been to build a robust tax administration that not only mode. Half-finished
garners revenue for governance but also prioritizes projects not only waste
taxpayer services. the money of our honest
Taking forward the vision of Digital India, and to
streamline ease of compliance for taxpayers, the Income taxpayers, but also increase
Tax Department leveraged technology in a big way the cost, and the benefits
and integrated it in its processes to make them more that should be received are
efficient, equitable, and transparent, thereby fostering not received. This is a big
trust and confidence among taxpayers. Keeping in view injustice to our taxpayers.”
the volumes of taxpayers and their financial transactions,
the Department re-engineered its business especially in - Narendra Modi,
the last decade to bring in e-governance, increase its Prime Minister
engagement with stakeholders, streamline operations,

New India Samachar July 16-31, 2024 9