Our selections have impact on Indian financial system New CBDT chief to IT officers Ravi Agrawal has instructed Earnings Tax Division
Newly appointed CBDT chairman Ravi Agrawal has instructed Earnings Tax Division officers that the selections they take have implications on the nation’s financial system, ease of doing enterprise and worldwide transactions as he requested them to attract a 100-day motion plan.
Agrawal, 59, took cost as the pinnacle of the executive physique of the direct taxes division within the Union finance ministry on Monday.
The federal government issued orders for his appointment final week.
The brand new CBDT chief wrote a two-page letter to the officers and workers of the division that has been accessed by PTI.
“Collectively, we should always construct knowledgeable Division that’s well-versed within the nuances of investigation, delicate to taxpayer necessities, technology-savvy and is conscious of our strategy in direction of taxpayers.
“Allow us to be acutely aware that the selections that we take have implications on the nation’s financial system and ease of doing enterprise, together with worldwide transactions and companies,” Agrawal wrote in his message issued on Monday.
He stated that the federal government has mandated every division to attract a 100-day plan of motion and therefore, he expects numerous wings of the division to attract their appropriate 100-day motion plans and take initiatives in a “time-bound method”.
“These plans might be suitably drawn and carried out in every vary, cost and area. Please keep in mind that the achievements of the Earnings Tax Division are a collective effort and initiatives taken at every stage add as much as the achievements of the Division.
“I urge you all to additionally draw quick, medium and long-term plans of your respective verticals and costs. I might recognize discussing with the respective groups in regards to the motion plans drawn by you,” he wrote in his message to the division.
Agrawal stated the “complexities” of monetary transactions had been rising day-by-day at the same time as new enterprise practices and the character of monetary transactions had been evolving.
“We deal with a large spectrum of taxpayers that vary from new particular person taxpayers to organisations having operations throughout the globe.
“Allow us to equip ourselves with understanding the newest tendencies in companies & monetary transactions in order that we’re able to addressing related points with knowledgeable strategy,” he wrote.
The CBDT chief stated the officers of the I-T Division ought to “have interaction” with the stakeholders to assemble extra insights into the monetary ecosystem on one hand and construct their confidence in our processes on the opposite.
“We should combine extra expertise into our procedures to make sure that our processes are environment friendly, truthful, and clear, thereby fostering belief and confidence amongst taxpayers.
“Leveraging trendy expertise has helped us streamline operations, scale back inefficiencies, and supply superior providers to taxpayers,” he stated.
Agrawal stated that whereas “we take pleasure” within the milestones achieved by way of technology-driven processes, authorities course of re-engineering, and stakeholder engagement, “we should recognise that there are nonetheless many areas” that require consideration.
He stated the CBDT and the tax division had been “dedicated” to setting up environment friendly processes to deal with the problems of greater than eight crore Earnings Tax Return (ITR) filers and about 34 lakh deductors.
The chairman stated the collective efforts of the division officers was “important to realize excellence and make a big influence on the nation’s financial growth”.
“As we embark on this journey collectively, allow us to stay dedicated to the best requirements of professionalism, integrity, and repair,” Agrawal wrote.
He additionally urged the tax officers to make sure a “wholesome steadiness” between their skilled tasks and private well-being as they’ve “demanding” skilled duties.
