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National News

Jul 01, 2020

FM Nirmala Sitharaman stresses on need to make tax administration simple

Finance Minister Nirmala Sitharaman has stressed on the need to make the tax administration so simple that the taxpayers find it easy to comply with all their tax obligations.

She extended greetings to all the officers of Central Board of Indirect Taxes and Customs- CBIC on the occasion of Goods and Services Tax- GST Day today.  Ms Sitharaman in a message said that this is the true essence of ease of doing business as far as tax administration is concerned.

She said  we must focus on the clarion call by Prime Minister for an Atma Nirbhar Bharat and for this motto of self reliance, tax administration especially the GST tax administration will have a large role to play.

She said, we must foresee the issues faced by business community and proactively address the same to enable them to compete on a global scale. She said, only by this proactivity we can ensure much needed economic growth in near future. The Finance Minister noted that the CBIC officers disbursed record amount of refunds to ease cash flow of taxpayers during COVID-19 period.

She said, the government brought in GST as a historic reform of the indirect taxation system in the country effective from 1st of July, 2017. She said, the government has strived to make return filing process easy and simple for small taxpayers by introducing features like SMS based filing for nil return. She said, the government is committed to continue these reforms in future as well to facilitate taxpayers.

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