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Taking steps to ease taxation system: FM

 Taking steps to ease taxation system: FM

Finance minister Nirmala Sitharaman said the government is taking various steps to simplify the taxation system and eliminate harassment of taxpayers. Addressing an event organised by the Confederation of All India Traders on Tuesday, she said the government is open to suggestions for the betterment of the Goods and Services Tax (GST) filing system. “Under the chairmanship of the revenue secretary, a committee has been constituted, which is working day and night to explore ways and means to simplify GST,” said Sitharaman. Based on suggestions received from various stakeholders, the government is taking steps towards simplification of taxation system, she said. The finance minister said the faceless e-assessment scheme was launched in October 2019 to eliminate interface between an assessing officer and a taxpayer to curb harassment of taxpayers.

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