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Stress on dignity of honest taxpayer is the biggest reform
Inaugurates Office-cum-Residential Complex of Cuttack Bench of Income Tax Appellate Tribunal

Prime Minister Shri Narendra Modi inaugurated Office-cum-Residential Complex of Cuttack Bench of Income Tax Appellate Tribunal through video conference today. Speaking on the occasion, the Prime Minister said this bench would now provide modern facilities not only to Odisha, but to millions of taxpayers of Eastern and North Eastern India and help in disposing off all the pending cases in this region.

The Prime Minister said today, the country is moving from Tax Terrorism to Tax Transparency. He added that this change has come due to the approach of Reform, Perform and Transform. He said rules and procedures are being reformed with the help of technology. He said “We are performing with clear intentions and at the same time transforming the mindset of the tax administration.”

The Prime Minister said when the difficulties of the country's wealth creator are reduced, they get protection, then their trust grows in the country's systems. He added the result of this growing trust is that more and more partners are coming forward to join the tax system for the development of the country. The Prime Minister remarked that along with the reduction of tax and simplicity in the process, the biggest reforms that have been done are related to the dignity of honest taxpayers, to protect them from trouble.

The Prime Minister said the thought process in the government is to trust the income tax return completely at first after being filed. As a result of this, 99.75 percent of the returns filed in the country today are accepted without any objection. He said it is a big change in the country's tax system.

Shri Modi said the long period of slavery had made the relationship between tax payer and the tax collector that of exploited and exploiters. Quoting Goswami Tulsidas “बरसत हरसत सब लखें, करसत लखे न कोय तुलसी प्रजा सुभाग से, भूप भानु सो होय” meaning when clouds rain, the benefit is visible to all of us; but when clouds are formed, the sun absorbs the water but does not cause inconvenience to anyone, the Prime Minister said governance should not cause inconvenience when collecting tax from the common people; but when that money reaches the citizens, then people should feel its benefits in their lives. He said over the years, the government has moved ahead with this vision and today's taxpayer is witnessing huge changes and transparency in the entire tax system. He said when the taxpayer does not have to wait months for a refund and gets a refund within a few weeks, then he feels transparency. When he sees that the department has resolved the age-old dispute on its own, then he feels transparency. When he enjoys faceless appeal, then he feels tax transparency. When he sees that income tax is continuously decreasing, then he feels more tax transparency.

The Prime Minister attributed zero tax on income up to Rs 5 lakh in the country as a huge benefit being given to our youth of lower middle class today. He added that the new option of income tax given in the budget this year, has simplified the lives of the taxpayer. He said to speed up the pace of development and make India more investment friendly a historic cut has been made in corporate tax. He said the tax rate for new domestic manufacturing companies has been set at 15 percent for the country to become self-sufficient in manufacturing. He added Dividend Distribution Tax has also been scrapped to increase investment in India's equity market. GST has also reduced the tax net and the tax rate in most goods and services has also come down. He said ease of doing business has improved in the country as a result of reducing the burden of disputes by increasing the limit of appeal from Rs 3 lakh to Rs 50 lakh in ITAT and to Rs 2 crore in Supreme Court.

The Prime Minister expressed satisfaction that the IT Appellate Tribunal is also upgrading its Benches across the country for Virtual Hearing and said it is very important to upgrade the entire system in the era of technology. He stressed that more and more use of technology especially in our judiciary has started giving new convenience to the citizens of the country.

 

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PM to address Association of Indian Universities’ 95th Annual Meet and National Seminar of Vice-Chancellors on 14th April
April 13, 2021
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Prime Minister Shri Narendra Modi will address the Association of Indian Universities’ 95th Annual Meet and National Seminar of Vice-Chancellors on 14th April 2021 at 11 AM through video conferencing. He will also launch four books related to Dr BR Ambedkar, authored by Shri Kishor Makwana. Governor and Chief Minister of Gujarat and Union Education Minister will also be present. The event is being hosted by Dr Babasaheb Ambedkar Open University, Ahmedabad.

About the AIU Meet and National Seminar of Vice-Chancellors

Association of Indian Universities (AIU), a premier apex body of higher education in the country, is conducting its 95th Annual Meet this year on 14th-15th April 2021. The Meet is an occasion for AIU to showcase its past year's achievements, present its financial statement and delineate the scheme of activities for the forthcoming year. It is also a platform to inform the members about the recommendations of Zonal Vice-Chancellors Meets and other discussions conducted throughout the year.

The Meet will also commemorate and celebrate the 96th Foundation day of AIU, established in 1925 under the patronage of stalwarts like Dr Sarvepalli Radhakrishnan and Dr Shyama Prasad Mukherjee.

A National Seminar of Vice-Chancellors on the theme 'Implementing National Educational Policy-2020 to Transform Higher Education in India'is also being organised during the Meet. It aims to work out implementation strategies for the recently launched National Education Policy− 2020 with a clear-cut action plan on effectively implementing the policy in the interest of its primary stakeholders, the students.