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Only 0.25 pc of total tax filers scrutinised in 2018-19: Sitharaman
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SME Times News Bureau | 07 Aug, 2020
Finance Minister Nirmala Sitharaman on Friday said that scrutiny of tax
return filers has declined since 2014, and only 0.25 per cent of the
total number of filers were scrutinised in 2018-19.
In her
address at the virtual inauguration of the Nani Palkhivala Centenary
Celebrations at the SASTRA University, she said the government views the
taxpayers as "nation-builders".
Noting that lot of people
complain on social media regarding harassment by tax authorities, she
said: "Through the social media, we hear lots of people saying 'what's
happening, why are the tax authorities behind us, are we not paying our
tax properly?'
"Whilst respecting all of them, I want to put it
before you the matter of fact - between 2014 and 2020, the number of
scrutiny cases are only coming down and as of 2018-19, the scrutiny, as a
percentage of total filers, is 0.25 per cent only."
"Through
faceless assessment and faceless appeals subsequently, we are laying
trust in the hands of the tax assessee; through use of technology, we
are laying trust in taxpayers who we see as nation-builders," she said.
Further,
the authorities will conduct scrutiny leveraging big data analysis, and
where there are big anomalies, there would be system-flagging, based on
which tax scrutiny will be done, reducing personal interface, she said.
Sitharaman
also said that the government is working on a Charter of Rights for the
taxpayers, which will lay down both their rights and the obligations.
"We are very keen to provide the taxpayer a charter of his rights and obligations. We shall be coming with that," she said.
The
minister first announced the plan to come up with the charter during
the announcement of the Aatmanirbhar Bharat economic package in May.
On
the alternative system for Income Tax rates, she said that the latest
Union Budget made it "very clear" that there would be an exemption-free
regime in personal income tax, thereby reducing the burden on taxpayers.
The alternative system has been welcomed by many, she added.
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