What happened at Income Tax Day (CBDT event in New Delhi)?
Union Finance Minister Nirmala Sitharaman participated in the 167th Income Tax Day celebrations organised by the Central Board of Direct Taxes (CBDT) in New Delhi. She said the Income Tax Department’s role has evolved from tax collection to building a fair, efficient, transparent and taxpayer-centric tax administration.
Sitharaman highlighted the implementation of the Income-tax Act, 2025 as a reform aimed at simplifying the law, reducing compliance costs, and strengthening ease of doing business. She also underlined improvements to the e-Filing portal, return processing, prompt refunds, and grievance redressal, with an additional emphasis on moving from mere disposal of grievances to identifying recurring issues and preventing them through systemic improvements.
5Rs of Responsive Tax Governance
The Finance Minister outlined the “5Rs of Responsive Tax Governance” as guiding principles for taxpayer service: Recognise, Respond, Redress, Reflect and Reform. She stressed convenience for honest taxpayers, opportunities to correct bona fide errors, and humility in exercising authority. She also called for continued focus on reducing litigation by strengthening tax certainty.
Institutional capacity building and technology focus
Related current affairs
- Triple test, adrift
- New tax officer finance minister assigns jurisdiction to avoid dispute
- CBDT issues crypto asset reporting note aligned with OECD framework
- New tax office; Finance Ministry offers initiatives to improve tax administration
- PUBLIC NOTICE (Government of Haryana) – Exercise of Taxation Department (GST/Tax-related notice)
- $314 million tax demand: Pernod drops court case