saturday, september 2, 2017 (page 12) daily...

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NEW DELHI, Sept 1: Prime Minister Narendra Modi today asked tax officials to use data analytics to track undeclared wealth and fix clear targets for improving tax admin- istration by 2022. Inaugurating the second edi- tion of the annual ‘Rajaswa Gyan Sangam’ — the joint conference of direct and indirect tax officials — the Prime Minister asked tax- men to clear pendency of cases and create an environment that instills confidence among honest taxpayers and uproots corruption. The Goods and Services Tax (GST), he said, has brought more than 17 lakh new traders into the indirect tax system within two months. He asked them to ensure that the benefits of the biggest tax reform since independence reach the common man and even small traders with turnover below Rs 20 lakh are registered in the new system. Asking taxmen to improve their work culture and incorpo- rate both a sense of urgency and measurability in their perform- ance, Modi said officers must fix clear targets to improve the country’s tax administration by 2022, the 75th anniversary of Independence. Since coming to power in May 2014, Modi has assured tax- payers that he will remove the fear of tax officials hounding them by ushering in accountabili- ty and answerability. Measures taken include cut- ting down physical interface between the taxpayer and offi- cial to curb corruption and easi- er online filing of returns and claiming of refund as also paperless email-based inquiry and e-scrutiny. “The Prime Minister said human interface must be kept to a minimum in the tax adminis- tration’s dealings. He asked for a push to be given to e-assess- ment and anonymity of proceed- ings using technology, so that vested interests do not impede the due course of law,” an offi- cial statement said. The Government, he said, is working towards creation of an environment which shatters the confidence of the corrupt, and instills trust among the honest taxpayers. Modi mentioned steps like demonetisation and implemen- tation of stringent laws against black money and benami prop- erty in this regard. Expressing dismay at the huge pendency of tax-related cases in adjudication and appeal, he said big sums of money locked up in these cases could have been used for the welfare of the poor. He asked officers to come up with an action plan during the Rajaswa Gyan Sangam to elimi- nate pendency. The closed-door two-day conference is being attended by senior officers of the Central Board of Direct Taxes (CBDT) and Central Board of Excise and Customs (CBEC). CBEC in a Twitter post said, “Hon’ble PM @narendramodi directed the tax administrators to be friendly to the honest tax- payers.” The Prime Minister, accord- ing to the statement, asked offi- cers to use data analytical tools to proactively track and determine undeclared income and wealth. Though efforts to increase tax revenue are made by officers each year, the estimated amounts of tax that should accrue to the system are often not realised, he said. He asked officers to come up with a time-bound solution to ‘tax raised and not realised’, and asserted that the honest cannot continue to pay the price for the misdeeds of the dishonest. In this regard, he also sug- gested complete reworking of human resource management in the tax departments to strength- en the data analytics and inves- tigation wing.(PTI) SATURDAY, SEPTEMBER 2, 2017 (PAGE 12) DAILY EXCELSIOR, JAMMU HARGUN HOSPITAL O.P.D CLINIC Aquaf Market, 12 A/B Gandhi Nagar, Opp. VLCC, Jammu. DR. GURVINDER SINGH M.S. (Ortho) FPGMI (Singapore) FICS Time: 10.00 am to 5.00 pm. Phone No. 9469610988, 9469683440, 0191-2454588 FOR CONSULTATION JOINT REPLACEMENT SURGEON HARGUN HOSPITAL BATALA ROAD, AMRITSAR On Sunday, 3-9-2017 O.P.D Jammu Clinic FLAT 50% ON ALL ITEMS KAY TEE DESIGNER STUDIO 95/1 Main Road Trikuta Nagar Jammu Contact :- 94191-73-227 PUBLIC NOTICE It is for the information of all interested candidates that J&K BOPEE, Vide Notice No. 073-BOPEE dated 31-08-2017, has called upon all the candidates, with NEET score falling within the range 249 to 222 as well as those having NEET score upwards of 249 and desirous of taking admission in Institute of Dental Sciences, Sehora, to report to the college management from 01-09-2017 to 07- 09-2017. Institute also, vide this Notice, invites all the interested candidates hav- ing the above mentioned NEET score to immediately contact the management of the Institute at the Head Office of the lnstitute at 8-c/c Gandhi Nagar, Jammu from 9 am to 10 pm (including all holidays). Contact No: - 8803775823, 7051320083, 01912452664 Dated: 31-08-2017. Sd/- Chairman INSTITUTE OF DENTAL SCIENCES, SEHORA, JAMMU. Use data analytics to track undeclared wealth: Modi to taxmen

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Page 1: SATURDAY, SEPTEMBER 2, 2017 (PAGE 12) DAILY …epaper.dailyexcelsior.com/epaperpdf/2017/sep/17sep02/page12.pdf · to use data analytics to track undeclared wealth and fix clear targets

NEW DELHI, Sept 1:

Prime Minister NarendraModi today asked tax officialsto use data analytics to trackundeclared wealth and fix cleartargets for improving tax admin-istration by 2022.

Inaugurating the second edi-tion of the annual ‘Rajaswa GyanSangam’ — the joint conferenceof direct and indirect tax officials— the Prime Minister asked tax-men to clear pendency of casesand create an environment thatinstills confidence among honesttaxpayers and uproots corruption.

The Goods and Services Tax(GST), he said, has broughtmore than 17 lakh new tradersinto the indirect tax systemwithin two months.

He asked them to ensure thatthe benefits of the biggest taxreform since independencereach the common man andeven small traders with turnoverbelow Rs 20 lakh are registeredin the new system.

Asking taxmen to improvetheir work culture and incorpo-rate both a sense of urgency andmeasurability in their perform-ance, Modi said officers mustfix clear targets to improve thecountry’s tax administration by2022, the 75th anniversary ofIndependence.

Since coming to power inMay 2014, Modi has assured tax-payers that he will remove thefear of tax officials houndingthem by ushering in accountabili-ty and answerability.

Measures taken include cut-ting down physical interfacebetween the taxpayer and offi-cial to curb corruption and easi-er online filing of returns andclaiming of refund as alsopaperless email-based inquiryand e-scrutiny.

“The Prime Minister saidhuman interface must be kept toa minimum in the tax adminis-tration’s dealings. He asked fora push to be given to e-assess-ment and anonymity of proceed-ings using technology, so thatvested interests do not impedethe due course of law,” an offi-cial statement said.

The Government, he said, isworking towards creation of anenvironment which shatters theconfidence of the corrupt, andinstills trust among the honesttaxpayers.

Modi mentioned steps likedemonetisation and implemen-tation of stringent laws againstblack money and benami prop-erty in this regard.

Expressing dismay at thehuge pendency of tax-relatedcases in adjudication andappeal, he said big sums ofmoney locked up in these casescould have been used for thewelfare of the poor.

He asked officers to come upwith an action plan during theRajaswa Gyan Sangam to elimi-nate pendency.

The closed-door two-day

conference is being attended bysenior officers of the CentralBoard of Direct Taxes (CBDT)and Central Board of Excise andCustoms (CBEC).

CBEC in a Twitter post said,“Hon’ble PM @narendramodidirected the tax administratorsto be friendly to the honest tax-payers.”

The Prime Minister, accord-ing to the statement, asked offi-cers to use data analytical tools toproactively track and determineundeclared income and wealth.

Though efforts to increasetax revenue are made by officerseach year, the estimatedamounts of tax that shouldaccrue to the system are oftennot realised, he said.

He asked officers to come upwith a time-bound solution to‘tax raised and not realised’, andasserted that the honest cannotcontinue to pay the price for themisdeeds of the dishonest.

In this regard, he also sug-gested complete reworking ofhuman resource management inthe tax departments to strength-en the data analytics and inves-tigation wing.(PTI)

SATURDAY, SEPTEMBER 2, 2017 (PAGE 12) DAILY EXCELSIOR, JAMMU

HARGUN HOSPITAL O.P.D CLINICAquaf Market, 12 A/B Gandhi Nagar, Opp. VLCC, Jammu.

DR. GURVINDER SINGHM.S. (Ortho) FPGMI (Singapore) FICS

Time: 10.00 am to 5.00 pm.

Phone No. 9469610988, 9469683440, 0191-2454588FOR CONSULTATION

JOINT REPLACEMENT SURGEONHARGUN HOSPITAL BATALA ROAD, AMRITSAROn Sunday, 3-9-2017 O.P.D Jammu Clinic

FLAT 50% ON ALL ITEMSKAY TEE DESIGNER STUDIO

95/1 Main Road Trikuta Nagar JammuContact :- 94191-73-227

PUBLIC NOTICEIt is for the information of all interested candidates that J&K BOPEE, Vide NoticeNo. 073-BOPEE dated 31-08-2017, has called upon all the candidates, withNEET score falling within the range 249 to 222 as well as those having NEETscore upwards of 249 and desirous of taking admission in Institute of DentalSciences, Sehora, to report to the college management from 01-09-2017 to 07-09-2017. Institute also, vide this Notice, invites all the interested candidates hav-ing the above mentioned NEET score to immediately contact the management ofthe Institute at the Head Office of the lnstitute at 8-c/c Gandhi Nagar, Jammu from9 am to 10 pm (including all holidays). Contact No: - 8803775823, 7051320083, 01912452664 Dated: 31-08-2017. Sd/-

Chairman

INSTITUTE OF DENTAL SCIENCES,SEHORA, JAMMU.

Use data analytics to track undeclared wealth: Modi to taxmen