India’s tax compliance will improve as the economy is freed up to grow, said Union Minister Jitendra Singh at an event on Wednesday to mark the 75th year of independence
“The economy has to develop, you cannot regulate it,” said Singh, minister of state for science and technology. When every Indian starts paying tax, there might not be a need for an income tax officer.
The Income Tax Department has evolved along with society, marking changes in the economic behaviour of people. “We are an evolving society. No single aspect can evolve in isolation,” said Singh, citing the importance of behavioural economics.
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