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Taxmen asked to refrain from being overzealous

Taxmen asked to refrain from being overzealous
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New Delhi: Finance Minister Piyush Goyal Friday asked tax officers to refrain from being overzealous in tax administration while appealing the industry to conduct business ethically.

Addressing the Central Board of Indirect Taxes (CBIC) officers on the occasion of International Customs Day, Goyal asked the tax officers to consider crowdsourcing of feedback from stakeholders as to what more could be done towards adopting a taxpayer-friendly approach by the department.

Goyal, who was earlier this week given the additional charge of Finance Ministry, asked the taxmen to trust the customers with a high degree of intelligence while adopting a customer-friendly approach.

"After all, we are here to do a job, to ensure that the revenues of the government, which are rightfully due to be collected and which go to serve the poor of India, to create infrastructure, which goes to develop security for our borders should not be lost. No revenue should be lost," he said.

The government in last few years has made an "honest attempt" to make the tax administration taxpayer friendly and worked towards continuously bringing down tax rates, and make compliance easier.

"At this stage, I can ... appeal to the business community that it is time to do business ethically and straight. Gone are the days of very high taxes, very high import duties, very high indirect and direct taxes, which caused people to look at different avenues to skip taxes," Goyal said.

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