New Delhi: A week after presenting the Union Budget 2020, Finance Minister Nirmala Sitharaman on Sunday said that the Central government wants to act as a facilitator for hassle-free payments of taxes and also wants continuous engagement with industries and businesses. Also Read - I-T Dept Launches e-calculator to Compare Due Tax Under New, Old Regime
She said this while interacting with the members of trade and industries in the national capital. “The broad message which is apparent is that the government wants continuous engagement with industry and business. And my presence here is not in response to what is happening inside (country) and outside,” Sitharaman said. Also Read - Budget 2020: 'Only Income Generated in India Will be Taxed', Govt Clarifies on Tax Liability of NRIs; Cites Example of 'Tie Breaker' Rule
Saying that the Centre has introduced some crucial features in the Union budget like faceless appeals and sorting out of problems while imparting tax administration, Sitharaman said the new feature will be made active only with the help of new technology.
“Over the years, we had to remove all the deadwood gathered with a pincer. This will help the government to fulfil its commitments made in the budget,” she further said.
Talking about the issues related to the GST, Sitharaman said it is not the Centre to which can take steps for reduction of rates, the state ministers also need to represent cases so that synergy could be built.
Talking about the scarcity of ATMs in the tea belts of certain states like Assam and West Bengal for which cashless wage payments are becoming an issue, Sitharaman stated that Central government is considering setting up ATMs in pockets where there are none.
“I know that the number of ATMs is minuscule in the tea growing regions. The government is ready to set up such facilities in these areas,” she added.