Transparent Taxation- Honoring the Honest

  • In a bid to reward the taxpaying citizens of India, the government on 13th August, 2020, launched a new platform to“Transparent Taxation – Honoring the Honest”, to honour the honest taxpayers of the country.
  • This new scheme is an extension of E-assessment scheme- 2019 launched by Government in September 2019.
  • The aims of this scheme are to ease tax compliance by making the tax system, “People-Centric & Public Friendly” & issue refunds faster to benefit honest taxpayers in the midst of coronavirus (COVID-19) pandemic.
  • The need for such a scheme arises due to low number of taxpayers in the country with only 1.5 ....
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