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Aparna
Aparna

Aparna

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Aparna
Asked: October 7, 20212021-10-07T00:08:01+05:30 2021-10-07T00:08:01+05:30In: Law

What is Transparent Taxation?

What is Transparent Taxation?

current affairsfinance banking schemes
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    1. Sagar

      Sagar

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      Sagar
      2021-10-10T00:22:02+05:30Added an answer on October 10, 2021 at 12:22 am

      Transparent Taxation

      Context:

      In the latest development, the government has launched a drive to make taxation fairer and taxpayers fearless in the country.

      About Transparent Taxation:

      • The program involves faceless assessment, faceless appeal, and a taxpayer charter. It seeks to improve taxpayer experience and ease of doing business.
      • Faceless Assessment Scheme: The Faceless Assessment Scheme aims to eliminate the human interface between the taxpayer and the income tax department.
      • Faceless Appeals System: Under the Faceless Appeals system introduced by the government, appeals will be randomly allotted to any office across the country, and the identity of the officer deciding the appeal will remain unknown. Further, decisions will be team-based.
      • Tax Payer Charter: The aim of the taxpayer Charter is that of nurturing the relationship between the Revenue departments and the community that they serve, a relationship of mutual trust and respect.

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