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Special Privilege To Honest Taxpayers


By MYBRANDBOOK


Special Privilege To Honest Taxpayers

 

 

The government is working on a larger plan for the honest taxpayers , an how to give benefits ”Priority Service” while using public services to the Tax payers at airports, railways stations and at tolls on highways, it is definitely a great move by the Government.

 

There are about 8 crore income taxpayers in the country at present could get benefited with this scheme and the CBDT has instructed the taxman to add 1.25 crore to this tally by the end of the current financial year in March 2019.
 

The proposal will be introduced by the Finance Ministry and sent for final approval to the Prime Ministers Office (PMO) before it is cleared by the Union cabinet. A cabinet note to enhance the output of the Central Processing Centre (CPC) of the department in Bengaluru has already been prepared and sent.



They said that a committee under the Central Board of Direct Taxes, the policy-making body for the Income Tax Department (ITD), is working to chalk out the broad parameters for extending such "courtesies" and benefits to taxpayers who pay their taxes on time and in full.

 

The capacity and automation of the CPC, the repository of tax payer's data and their IT Returns (ITRs), is proposed to be enhanced so that refunds can be issued real-time and ITRs of small taxpayers (with single source of income) can be processed within hours and not days, as prevalent at present.
 

Prime Minister Narendra Modi, during a conference with senior tax officers last year, had urged the department to enhance taxpayer services and ensure that honest taxpayer are given due importance.

 

This agenda could get implemented like, A unique identity number could be given to such taxpayers or their permanent account number (PAN) could be flagged as special as part of this maiden taxpayer facilitation proposal, the report says.

 

A few years back, the CBDT had started a process by which diligent taxpayers were sent thank you or appreciation notes over email under the name of the CBDT Chairman. It is proposed to take this initiative forward and the CBDT committee is working on it, a senior official in the finance ministry said.

 

The CBDT is already working to usher in a mega plan where a taxpayer can be assessed electronically in any part of the country, as part of its measures to reduce complaints of harassment and corruption in rendering these services.

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