Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

PM Narendra Modi launches Transparent Taxation – Honoring The Honest

Prime Minister Narendra Modi

Prime Minister Narendra Modi today launched a platform in a bid to honour the honest taxpayers of the country. During the video launch, he said that it will create a new milestone in the structural reforms initiated by the centre.

Prime Minister Narendra Modi

AdvertisementElets BFSI AI Summit & Awards, Mumbai

“The ‘Transparent Taxation – Honoring The Honest’ platform will bring in faceless assessment, faceless appeal, and taxpayers’ charter. Faceless assessment & taxpayers charter come in force from today, whereas faceless appeal service will be available from September 25,” PM Modi said in his video conference address.

AdvertisementSAAS

“In the last six years, put focus has been banking the unbanked and securing the unsecured. Today, a new journey begins – honouring the honest,” he added.

The new reform will be creating a sense of fearlessness among the honest taxpayers who play an important role in the national development, said the prime minister.

AdvertisementInfoComm India 2026

Also Read: PM Modi praises bankers on Jan Dhan Yojana success

“It strengthens our resolve of minimum government, maximum governance,” PM Modi said adding, “The emphasis is on making every rule-law, policy people-centric and public friendly. This is the use of the new governance model and the country is getting its results.”

With this new launch of this platform, the centre initiated yet another step towards making the lives of the taxpayers easier.

Relief measures on account of COVID-19 pandemic.

  • Various time limits for compliances & statutory actions extended.
  • Donation made to PM CARES Fund to be eligible for 100% deduction u/s 80G of the Act

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

SEBI's MF Lite framework eases compliance rules for passive fund schemes

Policies · BFSISEBI's Mutual Fund Lite framework creates a separate, lighter regulatory route for passive mutual fund schemes,… Read more →

PFRDA revises NPS scheme naming and PoP display rules from 1 December

Policies · BFSIPFRDA has amended two clauses of its August circular on the Multiple Scheme Framework, changing how… Read more →

PFRDA revises NPS scheme naming and display rules from December 1

Policies · BFSIPFRDA has amended its framework for NPS scheme classification, setting uniform naming formats and requiring PoP… Read more →

Expensify signs referral agreement with Visa for corporate expense management

News · BFSIExpensify and Visa have entered a referral arrangement that allows Visa to direct eligible corporate card… Read more →

D2 Intelligence displays four AI products at Hong Kong Fintech Week 2026

News · BFSIWenge AI subsidiary D2 Intelligence is exhibiting Decitron, ScienceOra, DocuMind and Checkie at Hong Kong Fintech… Read more →

Niyam Group names Babita Rai Global Head of International Business

News · BFSIIndian-focused reinsurance platform Niyam Group has appointed Babita Rai, a veteran of more than two decades… Read more →

whatsapp--v1