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Make tax system more open, efficient: Nirmala Sitharaman to officials
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₹49,623 crore involving 31,512 bogus firms, the ministry said quoting a GST Council presentation. CBIC has reported tax evasion of ₹1.
14 trillion related to input tax credits, from year 2020 till date, the ministry said. Revenue Secretary Sanjay Malhotra outlined the priorities for the tax administration—targeting areas with a high risk of tax evasion, combating tax evaders, balancing enforcement with taxpayer rights, strengthening the collaboration between central and state authorities and taking feedback for improvement in policy and technological interventions, the ministry said in the statement.
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