CBDT to honour honest and compliant taxpayers

 income tax, tax
The Central Board of Direct Taxes, CBDT, will soon honour lakhs of honest and compliant taxpayers. For this purpose, it has created four broad categories of taxpayers – large, regular, compliant, and diligent taxpayers.
Honest taxpayers will be issued commendation certificates by the policy-making body of the I-T department under the signature of the CBDT Chairperson. Officials said the policy to honour honest and compliant taxpayers has been revived after decades with the Union Finance Ministry clearing the proposal after obtaining the approval from the PMO.
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