Page 4 - NIS English Jul 16-31 2024

FROM THE EDITOR'S DESK...

“Trust” in 140 crore citizens is the basis

of all reforms including the tax system.

before
world
has
2014
the
number
at
was
in
10
Greetings, was at number 10 in the world before 2014 has
Greetings,
reached number 5 today. Now whether it is filing
reached number 5 today. Now whether it is filing
Reform, perform, and transform. These are
Reform, perform, and transform. These are tax returns or refunds, it has become so easy
tax returns or refunds, it has become so easy
not just words but a mantra to ameliorate the through technology that the work of months and
through technology that the work of months and
not just words but a mantra to ameliorate the
in
lives of common citizens who were earlier years is being done in a few hours. The result of
of
lives of common citizens who were earlier
few
result
a
hours.
The
being
years
is
done
for
facing hardships for several decades. Another the central government's thinking - 'F irst trust the
facing
the central government's thinking - 'First trust the
Another
decades.
hardships
several

taxpayers
that
99.75
is
completely'
of
crucial change that has taken place since 2014 taxpayers completely' is that 99.75 percent of the
the
crucial change that has taken place since 2014
percent
for
limbo
is
that
is that projects that were in limbo for years returns are being accepted without any objection.
in
years
projects
returns are being accepted without any objection.
were
that
are being identified and completed in mission
Fundamental and structural reforms in India's
are being identified and completed in mission F undamental and structural reforms in India's

only
projects
not
mode.
system
tax
Half-baked
mode. Half-baked projects not only caused tax system were needed for decades, but in
needed
in
but
caused
were
for
decades,
a
of
the last decade, the economic revolution of tax
money
the
waste
honest
for
a waste of money for the honest taxpayers the last decade, the economic revolution of tax
taxpayers
reforms
thinking and
approach
changed
has
of the country but also increased the cost of
of the country but also increased the cost of reforms has changed the thinking and approach
the
Now
has
become
projects.
the projects. Now technology has become and made everything fair, rational, and easy to
technology
and made everything fair, rational, and easy to
the

in
July,
every
year
filing
the basis for reforms in laws and processes
the basis for reforms in laws and processes access. Now every year in July, filing tax returns
tax
returns
Now
access.
That's
while
in the country has become like a festival.
intentions
clear
for tax transparency, while clear intentions in the country has become like a festival. That's
for
transparency,
tax
have become the basis for performance. Also, why this time our cover story is based on the
why this time our cover story is based on the
have become the basis for performance. Also,
revolutionary transformations have been made
revolutionary transformations have been made decade of tax reforms.
decade of tax reforms.
in
tax.
thinking
change
In the personality, section read about Munshi
administrative
in
by
the
by the change in administrative thinking in tax. In the personality, section read about Munshi
Premchand on his birth anniversary on July 31,
anniversary
2020,
rom
September
the
25
From 25 September 2020, the birth anniversary Premchand on his birth anniversary on July 31,
birth
F
the
Modi's
to
reply
Minister
of Pt. Deendayal Upadhyay, the faceless system Prime Minister Modi's reply to the motion of
of Pt. Deendayal Upadhyay, the faceless system
Prime
of
motion
on
thanks
a
new
the
has
S
abha-
has created a new confidence in taxpayers. thanks on the President's address in Lok Sabha-
Lok
created
President's
in
address
taxpayers.
in
confidence
There
There have been many improvements in the tax Rajya S abha, Prime Minister's interaction with
many
have
Rajya Sabha, Prime Minister's interaction with
in
been
tax
the
improvements
system in the last 10 years. Earlier, there were
system in the last 10 years. Earlier, there were the T-20 Cricket World Cup winning team and
the T-20 Cricket World Cup winning team and
many different tax systems in the country which
the Indian contingent going to Paris Olympics
many different tax systems in the country which the Indian contingent going to Paris Olympics
part
Minister's
were
difficult
Prime
are
this
man
visit
to
common
of

for
understand
were difficult for the common man to understand are part of this issue. The Prime Minister's visit
the
issue.
The
easily. Due to a lack of transparency, honest
to Russia and Austria, the President's visit to
easily. Due to a lack of transparency, honest to Russia and Austria, the President's visit to
and
meeting
24th
people
the
business
CO
Odisha,
faced
the
are
S
of
taxpayers and business people faced hardships. Odisha, and the 24th meeting of SCO are the
taxpayers
hardships.
and
returns
tax
The new data on income tax returns indicates other highlights of this issue.
highlights of this issue.
new
The
data
income
on
other
indicates
that the trust of the citizens of the country in
that the trust of the citizens of the country in
continuously
increasing.
government is continuously increasing. Due to Keep sending us your suggestions
Due
Keep sending us your suggestions
is

to

government
this, the citizens of the country are coming forward
this, the citizens of the country are coming forward
in large numbers to pay their taxes honestly.
in large numbers to pay their taxes honestly.
of
started
believing
that
every
They
They have started believing that every penny of
have
penny
their tax is being spent on the development of the
of
development
tax
spent
being
their
the
is
the
on
see
economy
They
the
that
country. They can see that the economy which (Dhirendra Ojha)
which
country.
can
Read/Download the magazine available in Hindi, English and 11 other languages.
https://newindiasamachar.pib.gov.in/