9 years of Modi Govt: Introduction of GST brings tax transparency in the country

As the Narendra Modi government is completing nine years in office this month, Akashvani News is bringing a series of special stories on the initiatives taken by the government.<br />”<br />”Akashvani correspondent report: Taxes play an important role in nation’s progress. Taxes are used by the government for carrying out various welfare schemes and building a robust infrastructure in the country. For developing an efficient tax culture, transparency is needed in the tax structure and its collection mechanism. During the past nine years, the government has taken slew of measures to increase the tax transparency driven by the Prime Minister’s vision of empowering the tax payers, providing a transparent tax system and honouring the honest taxpayers. While launching the platform for Transparent Taxation – Honouring the Honest, the Prime Minister had said that ongoing reforms aim at making the tax system seamless, painless and faceless.<br />”<br />”Introduction of Goods and Service Tax, amendments in taxation laws and Vivad se Vishwas Act are series of measures in the direction of increasing tax transparency in the country. These measures resulted in increased tax collection.&nbsp;<br />

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