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1
September 2017
Prime
Minister Narendra Modi on Friday asked taxmen to work towards registering even
relatively small traders -- with a turnover of below Rs 20 lakh -- under the
Goods and Service Tax (GST) system.
He also
said that the government was working towards creation of an environment which
shatters the confidence of the corrupt and instills confidence and trust among
the honest taxpayer.
"In
order to enable all traders to take maximum benefit of GST, we should work
towards ensuring that all traders, including even those with a turnover below
Rs 20 lakh, should register with the GST system," he said while addressing
the tax administrators of the Centre and states at a two-day 'Rajasva Gyan
Sangam' organised here. The Total
Investment & Insurance Solutions
He
asked the officers to make efforts in this regard by designing a system for
this category.
Currently,
traders with annual turnover of below Rs 20 lakh turnover need not register
under GST as they are exempt from paying any indirect taxes. The Total Investment & Insurance
Solutions
More
than 17 lakh new traders have been brought into the indirect tax system within
two months, Modi said adding that GST besides economic integration helps in
bringing transparency in the system.
The
Prime Minister also asked officers to use data analytical tools to proactively
track and determine undeclared income and wealth. The Total Investment & Insurance Solutions
In this
regard, he also suggested complete reworking of human resource management in
the tax departments to strengthen the data analytics and investigation wing.
"Human
interface must be kept to a minimum in the tax administration's dealings. A
push is to be given to 'e-assessment' and anonymity of proceedings using
technology, so that vested interests do not impede the due course of law,"
Modi said. The Total Investment &
Insurance Solutions
He
further asserted that the honest cannot continue to pay the price for the
misdeeds of the dishonest.
In this
regard, he mentioned steps taken by the government, such as demonetisation and
implementation of stringent laws against black money and benami property.
He said
that though efforts to increase tax revenue are made by officers each year, the
estimated amounts of tax that should accrue to the system, are often not
realised.
"The
Prime Minister asked officers to come up with a time-bound solution to 'tax
raised and not realised'," a statement cited Modi as having said.
Modi
also expressed his dismay at the huge pendency of tax-related cases in
adjudication and appeal.
He said
big sums of money locked up in these cases could have been used for the welfare
of the poor and asked officers to come up with an action plan during the
two-day 'Rajasva Gyan Sangam' to eliminate pendency. The Total Investment & Insurance Solutions
Exhorting
the officers to improve their work-culture, to incorporate both a "sense
of urgency" and "measurability" in their performance, he asked
them to fix clear targets to improve the country's tax administration by 2022,
the 75th anniversary of independence.
The
two-day 'Rajasva Gyan Sangam' would come up with concrete ideas to improve the
tax administration, he hoped.The Total
Investment & Insurance Solutions
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