Policy·APAC

President Murmu Advocates for Balanced Tax Administration

Global AI Watch · Editorial Team··3 min read·Economic Times / Times of India / India AI (GDELT)
President Murmu Advocates for Balanced Tax Administration

In a recent address to the Indian Revenue Service (IRS) at Rashtrapati Bhavan, President Droupadi Murmu emphasized the necessity for tax officers to balance enforcement with sensitivity. Highlighting the importance of constitutional values, she urged officers to execute their responsibilities with discernment and a comprehensive understanding of business processes. The growing complexity of cross-border transactions necessitates an adaptable approach to ensure both fairness and efficiency in tax collection.

Murmu's message marked a shift towards technology in tax administration, with new initiatives like 'NUDGE' promoting responsible compliance through artificial intelligence and data-driven methodologies. This evolution aims to fortify trust between the government and taxpayers, potentially increasing India's revenue independence while enhancing participation in international tax governance. The implementation of the new Income Tax Act, 2025 will also play a crucial role in establishing a more transparent framework for tax collection in the country.

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SourceEconomic Times / Times of India / India AI (GDELT)Read original

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