Tax Department To Appreciate Honest Tax Payers

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Central Board of Direct Taxes (CBDT) will be sending certificates of appreciation to individual tax payers by e-mail on the basis of the level of taxes paid by them for the current Assessment Year 2016-17.

Recently, Finance Minister, Shri Arun Jaitley handed over certificates of appreciation issued by CBDT honoring select tax payers for such contribution.

Tax Department To Appreciate Honest Tax Payers

This step marks the first effort by the Government to directly communicate to the tax payer its appreciation for that contribution.

Individuals who have paid in full tax and have no outstanding tax liabilities and where the return is e-filed within the prescribed due date, will receive such certificates.

The tax payers may display these certificates in their homes or offices.

The categories for individual taxpayers and the number of certificates being issued in the first round are:

Platinum: Tax contributed Rs. 1 Crore and above
Gold: Tax contributed Rs. 50 Lakh to Rs. 1 Crore
Silver:  Tax contributed Rs. 10 Lakh to Rs.50 Lakh
Bronze: Tax contributed Rs. 1 Lakh to Rs.10 Lakh

The Department is committed to continuous improvement of taxpayer services and seeks the cooperation of all taxpayers in contributing their fair share of taxes voluntarily, the CBDT press release said.

Read more about: income tax, cbdt
Story first published: Wednesday, October 12, 2016, 12:25 [IST]
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