He said that with IT-enabled platforms there is no
inspector raj now and GST regime has become faceless.
Elaborating on the new measures for income tax
assessment, including the faceless assessment of
taxpayers, he said that the government is working on
He added that the government is also working on
providing tax profile of each taxpayer.
"We have all the information and if it can be shared in
a secure manner, protecting the privacy of the
individual, this will also help in securing loans from
banks. The entire digital exercise is being undertaken
across various government departments. We are making all
that information available and providing it to each
taxpayer," Pandey said.
He also said that all the information is getting
integrated for the benefit of the citizens, including
ease of doing business, ease of living and is enhancing
Stressing on the importance of digitisation, Pandey said
that India is the only country to have Aadhaar, Aadhaar-enabled
payment system, direct benefit transfer scheme and UPI
payment scheme. "Use of digitisation in governance has
improved our speed, effectiveness, efficiency and
capabilities," he added.
He noted that in the last three months, Aadhaar-enabled
transaction have crossed Rs 50,000 crore and UPI
transaction has taken over debit card transaction and
Referring to the revenue trend, he said all figures are
giving an encouraging signal that the economy is coming
back on track sooner than what was being anticipated
when the lockdown started.
Source::: Business Standard,