Live Updates

  • 11:48 AM IST

    Faceless assessment, taxpayer charter starts from today, faceless appeal to begin from September 25: PM Modi

  • 11:48 AM IST

    Transparent Taxation Platform Launch Live: The number of taxpayers in the country is a very small percentage of the total population, says PM Modi

  • 11:42 AM IST

    Transparent Taxation Platform Launch Live: 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: Prime Minister Narendra Modi

  • 11:38 AM IST

    Transparent Taxation Platform Launch Live: The emphasis is on making every rule-law, policy people-centric and public friendly. This is the use of the new governance model and the country is getting its results, says PM Modi

  • 11:33 AM IST

  • 11:25 AM IST

    Transparent Taxation Platform Launch Live: There was a time when there used to be a lot of talk about reforms. Sometimes decisions were taken out of compulsion or pressure and were called reforms. Due to this, the desired results could not be achieved. Now this thinking & approach, both have changed, says PM Narendra Modi

  • 11:16 AM IST

  • 11:16 AM IST

  • 11:15 AM IST

    Transparent Taxation Platform Launch Live: This is an extension of minimum government and maximum governance, says PM Modi

  • 11:12 AM IST

    Transparent Taxation Platform Launch Live: These reforms include taxpayers’ charter, faceless assessment, faceless appeal etc., says PM Modi

New Delhi: Prime Minister Narendra Modi will launch a platform ‘Transparent Taxation – Honoring the Honest’ at 11 am today. The platform will strengthen efforts of “reforming and simplifying our tax system”, Modi said. He will also unveil the next phase of direct tax reforms aimed at easing compliance and rewarding honest taxpayers. Also Read - Bhagat Singh Birth Anniversary: PM Modi Pays Tribute to India's Revolutionary Freedom Fighter

The launch of the platform is expected to further carry forward the journey of direct tax reforms undertaken during the last six years. Also Read - Day After Spelling Out 'Challenge' For Govt, Serum Institute CEO Applauds Modi For His Vision to Provide Vaccine to Global Community

The reforms include a reduction in corporate tax last year to 22 per cent from 30 per cent for existing companies and 15 per cent for new manufacturing units, scraping of dividend distribution tax and faceless assessment. Also Read - Mann Ki Baat: PM Modi Calls Farmers Foundation of 'Atmanirbhar Bharat'; Warns Masses as Corona Cases Surge | 10 Points