Speaking at Aditya Birla Group's 50th anniversary of operations in Thailand, Prime Minister (PM) Narendra Modi highlighted on Sunday (3 November) that India was rolling out a faceless tax assessment system which would mark an end to harassment in tax collection, reports The Economic Times.
Promoting India as one of the most attractive investment hotspots on the global map, PM Modi highlighted the major reforms launched by the Government of India over the last five years, stressing that India had stopped working in a routine bureaucratic manner and was undergoing transformative changes.
Highlighting the Goods and Services Tax (GST) and recent corporate tax cuts, PM Modi appraised the gathering that India had one of the most people-friendly tax regimes in the world, and that the government was working on further improving the system. PM Modi specifically highlighted how the rollout of the GST had resulted in the economic integration of the nation.
He further said, "In today's India, the contribution of the hard-working taxpayer is cherished."
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.