STOCK MARKET BSE NSE

PM to officials: Double taxpayer base to 10 cr

Modi set a target for the taxmen to double taxpayer base to 10 cr, warned the long arm of law will catch up with evaders

Published: 16th June 2016 05:21 PM  |   Last Updated: 16th June 2016 05:25 PM   |  A+A-

PT-Modi-Jaitley-Taxpayers

Prime Minister Narendra Modi with Finance Minister Arun Jaitley and Minister of State for Finance Jayant Sinha during the Inaugural Session of the two-day ‘Annual Conference of Tax Administrators 2016’ in New Delhi. | PTI

By PTI

NEW DELHI: Prime Minister Narendra Modi today set a target for the taxmen to double the taxpayer base to 10 crore and warned "the long arm of the law" will catch up with those evading taxes.

At the same time, he asked tax officers to be "soft and sober" in their approach and not treat everyone as tax evaders.

Addressing the inaugural session of the two-day annual conference of tax administrators, Prime Minister said the foundation of administration should be on five pillars of Revenue, Accountability, Probity, Information and Digitisation (RAPID).

"There should be respect for law among all citizens and even fear of the long arm of the law for those who evade taxes," Modi said.

Stating that people should not fear tax administrators, Prime Minister said Indians inherently are honest and asked the taxmen to build a "bridge of trust" so as to achieve tax collection targets without coercion.

At the conference titled 'Rajasva Gyan Sangam' (Knowledge Conference on Revenue), Modi asked the officials to "move towards digitisation" to make tax administration efficient and work towards bridging the "trust deficit".

Taxpayers should not face any problem in paying taxes, he said, adding administrators should have a cooperative approach.

"You should behave like mentors to people, rather than invaders. Don't presume that every one is tax evader," Revenue Secretary Hasmukh Adhia quoted Modi as saying in the conference.

Asking taxmen to set sights higher, Modi said we should legitimately aspire to have 10 crore taxpayers within our tax bases as against 5.43 crore tax payers currently.

Prime Minister, who at the beginning asked the officials to give their opinions and suggestions on the issues facing administration in the country, wanted the 'Gyan Sangam' to be turned into "Karma Sangam" by translating ideas into action.

On generation of black money in the economy, Modi was of the opinion that holders of illegal wealth are few in number and tax will automatically come if the regime is taxpayer friendly.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp