Rewarding Honest Taxpayers:- PM Modi to launch Transparent Taxation

To encourage honest taxpayers of the country, PM Modi will launch a new tax scheme called “Rewarding Honest Taxpayers”. It will be launched by PM Modi via video conference on Thursday, 13th August 2020 at sharp 11 AM.

The event will see top officials from the chamber of Commerce, Trade Associations, Chartered Accountants associations in attendance, besides officials of Income Tax Department, union Finance Minister Nirmala Sitharaman, and Minister of State Finance Anurag Thakur will also be present.

Also Read:- GST Council decided to waive late fees for GST Returns

PM Modi Tweet for Rewarding Honest Taxpayers Scheme

Hon’ble Prime Minister Shri Narendra Modi will also confirm it through there twitter handle and tweet for the same on 12th August.

In recent years Central Board of Direct Tax (CBDT), has carried out several major tax reforms in direct taxation. In last year also corporate tax rates have been reduced to 22% from 30% and for new manufacturing units it was reduced to 15%.

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