The Income tax department has been awarded ‘Prime Minister’s award for excellence in Public Administration for ‘Easy Tax Compliance through Quality Service’.
The award was presented on 21stApril, 2015 at Vigyan Bhawan, New Delhi by the Hon’ble Prime Minister on Civil Services day.
The award has been conferred to the Income Tax Department for setting up and for successful implementation of end to end solution of core services. These include integrated e-governance initiatives viz. Tax Information Network (TIN), e-Filing portal, Centralized Processing Cell (CPC-TDS) for processing of TDS statements, Centralized Processing Centre (CPC) for processing of Income Tax Returns and the Refund Banker. The solution architecture and the reconciliation processes are one of the best in the world.
As per Income tax department, presently, over 4.5 Crore taxpayers and 15 Lac deductors are using various e-enabled online taxpayer friendly end to end services viz. e-payment of taxes, e-filing of tax returns and TDS statements, tax credit statements in form 26AS, digital TDS certificates in form 16/16A and issuance of refunds.
In the financial year 2014-15, more than 94% of the tax returns have been filed on-line, while more than 80% of the direct tax revenue is being received online. Besides, about 99% of theTDS statements are being filed electronically. While the TDS statements are processed within a week, the tax returns are being processed within an average period of 30 days. A large number of tax refunds are being directly credited to the bank accounts of the taxpayers.