Tax department must trust assessees: FM

NEW DELHI: Making a case for increasing the taxpayer base, finance minister Arun Jaitley has said the government’s intention is to keep taxation rate “moderate”

NEW DELHI: Making a case for increasing the taxpayer base, finance minister Arun Jaitley has said the government’s intention is to keep taxation rate “moderate” and emphasised the tax department needs to start trusting the assessees. He also said that all grey areas are being made clearer when it comes to taxation and the tax department. “Ease of communicating with the tax department is going to continue. All the grey areas, the unclear areas I think by virtue of clarifications and notifications are now becoming clear,” Jaitley said on Saturday. In the last few months, procedures have been simplified and the “assessees have never seen such an easy and friendly approach of the taxation department”, he noted.

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