Nation's tax structure should be efficient, honest & equitable: President

Addressing the probationers, the President said that taxes have been the building block of governance since ages.

A group of probationers of the 68^th batch of the Indian Revenue Service (Customs and Central Excise) called on the President of India, Shri Ram Nath Kovind, today (August 30, 2018) at Rashtrapati Bhavan.

Addressing the probationers, the President said that taxes have been the building block of governance since ages. In ancient times, rulers and kingdoms were judged by the kind of tax systems they had. A nation's tax structure should be just, efficient, honest and equitable. As administrators it is the primary duty of Indian Revenue Service officers to ensure that our country has the tax resources to fund different aspects of national development – be it building infrastructure in rural and urban areas, schools and hospitals, defense and security and so on. They have to discharge their duty in a way that encourages honest tax compliance with minimum discomfort to tax-payers.

The President said that in 2017, Government introduced the Goods and Services Tax (GST), the most comprehensive tax reform the nation has seen. It was Indian Revenue Service (Customs and Central Excise) that had the responsibility of making sure that this mega reform was implemented across the nation and the tax assesses were properly educated about the new tax system. It is a matter of satisfaction that the GST regime has been implemented with success ushering in a progressive tax structure that will benefit the economy and honest tax-payers.

(With inputs from PIB)