Newdelhi;24/7/17:The Union Finance Minister Shri Arun Jaitley highlights the initiatives undertaken by the present NDA Government for setting-up an internationally competitive tax regime with a stable policy and a non-adversarial tax administration. The Finance Minister exhorted the officers of the Income Tax Department (ITD) to be prompt in redressing the grievances of the tax payers, expand the tax base in a non-intrusive manner even as they strive to achieve the revenue generation targets. Shri Jaitley said that taxes are the backbone of any economy.He said that gradually, the mindset of the people is changing as they want no one should be exempt from tax. He said that privacy cannot be made an excuse for non-compliance. The Finance Minister Shri Jaitley was addressing the Officers and Staff of the ITD at a function organised here at Vigyan Bhawan in the national capital to mark the occasion of ‘The Aaykar Diwas – Income Tax Day Celebrations-2017’. The Aaykar Diwas – Income Tax Day was celebrated today across India. The main function was held at Vigyan Bhavan in New Delhi which was graced along with the Union Finance Minister of India, Shri Arun Jaitley, by the Minister of State for Finance (Revenue), Shri Santosh Kumar Gangwar, Revenue Secretary, Dr Hasmukh Adhia, Chairman, CBDT Shri Sushil Chandra. Among others who attended the function included Members of the Central Board of Direct Taxes (CBDT), senior officers of the Ministry of Finance and Income Tax Department (ITD.
Before that, the Principal Chief Commissioner of Income Tax, Delhi, welcomed the Chief Guest, Dignitaries and the officers of Ministry of Finance and ITD to the event. While the Chairman, CBDT, Shri Sushil Chandra dwelt upon the technological changes in the ITD in the recent future which have given it an edge in tackling tax evasion, the Revenue Secretary Dr Hasmukh Adhia congratulated the Income Tax Department (ITD) for new initiatives launched to tackle black money menace including the IDS 2016 and for steps taken to augment revenue collections. The Minister of State (Revenue), Shri Santosh Kumar Gangwar congratulated the Income Tax Department (ITD) for increasing its effectiveness while simultaneously ensuring that no grievances arise on the part of taxpayers in doing so. Newdelhi: