Jagdeep Dhankhar today urged the officers of Income Tax Department to promote the spirit of economic nationalism suggesting that this would bring rich dividends to Indian economy and society.
Addressing the valedictory of 76th Batch of the Indian Revenue Service at the National Academy of Direct Taxes (NADT) in Nagpur today, VP asked the young officers to be vocal for local. “You will be interfacing with business community. You can imbibe in them a spirit of nationalism,” he told them while elaborating that it would bring three major benefits to country- first, foreign exchange will not be drained out due to avoidable imports, second, employment will be generated for our youth and third, entrepreneurship will take a big jump in the country.
Praising the increasing digitalisation of tax administration in India and transparency measures such as the Faceless E-Assessment system, VP said that it has introduced anonymity in tax regime and is living up to its objective of ‘honouring the honest’. A society that honours the honest and does not reward the dishonest is a society that is stable for peace, harmony and growth, he added.