Web Live News

Everything is faceless under the faceless tax system. That is, no one will know who is the taxpayer and which income tax officer is looking at the case of which taxpayer. That is, the process of jugaad-recommendation and pressure will end.

Highlights

• PM Modi has launched the faceless tax assessment scheme today
• It includes faceless assessment, faceless appeal, and taxpayers charter.
• Efforts are being made to strengthen honest taxpayers through this new system.
• Faceless means who is the taxpayer and who is the income tax officer, it will not make any sense.

Today, PM Narendra Modi launched the Transparent Taxation Program (Transparent Taxation System – Honoring the Faithful). Under this, 3 facilities have been introduced, which are Faceless Assessment, Faceless Appeal, and Taxpayers Charter. The Faceless Assessment and Taxpayers Charter has already come into force, while the Faceless Appeal will come into effect from September 25. Efforts are being made to strengthen honest taxpayers through this new system. Now, most people have this question in their mind, what will be the faceless tax system and what will be in it.

Understand Faceless Assessment?

Faceless should not mean anything about who is the taxpayer and who is the income tax officer. Earlier, the income tax department of the city used to investigate, but now an officer of any state or city can investigate anywhere. All this will also be decided by the computer, who will do it in tax assessments. Even the officer who came out of the assessment will go to anyone, it will not be known. The biggest advantage of this will be that there will not be any manipulation to create identity and pressure from the Income Tax authorities. This will also prevent unnecessary litigation. It will be a problem for those who used to follow the wrong methods and did not pay taxes.

What is Faceless Appeal?

PM Modi has also talked about introducing a faceless appeal facility under the transparent tax system, which will come into effect from 25 September. Under this, taxpayers will be able to appeal. Being faceless means that no officer will know who is the person who appeals. If everything is decided by a computer, a case or appeal cannot be sent to a loved one. When it starts from September 25, more information about this will also be shared by the government.

What does a taxpayer charter mean?

PM Modi has called the Taxpayer Charter a major step in the country’s development journey. He said that this is a step to balance the rights and duties of the taxpayer. There are very few counted countries that give this level of respect and protection to taxpayers and now India too has joined it. One has to believe the point of the taxpayer. If there is any doubt, the taxpayer is now empowered to appeal and review. The charter also contains certain requirements from the taxpayer.

Modi said that giving tax and taking tax for the government is not a matter of right but it is the responsibility of both. The tax has to be paid because the system runs, the country can fulfill its duty towards the large population, with this tax, taxpayers themselves also get better facilities and infrastructure. Taxpayers have got convenience and security, so more awareness is being expected.