Page 435 - ES 2020-21_Volume-1-2 [28-01-21]

62 Economic Survey 2020-21 Volume 2

June 2020
Extension of PMGK Anna Yojana from July to November 82911 0.43
(5 months)
October 2020

Boost Capital Expenditure 37000 0.19
LTC voucher Scheme 28000 0.14
Festival Advance 8000 0.04
November 2020

Boost for Atma Nirbhar Manufacturing - Production Linked Incentives 145980 0.75
Boost for Rural Employment under Atma Nirbhar Bharat 3.0 10000 0.05
R&D Grant for COVID Suraksha – Indian vaccine development 900 0.00

Atma Nirbhar Bharat Rozgar Yojana (overall ` 36,000 crore) under 6000 0.03
Atma Nirbhar Bharat 3.0
Industrial Infrastructure, Industrial Incentives and Domestic Defence 10200 0.05
Equipment
Support for Agriculture – Fertiliser Subsidy 65000 0.33
Housing for All - Pradhan Mantri Awas Yojana Urban 18000 0.09
Boost for Infrastructure-equity infusion in NIIF Debt Platform 6000 0.03
Boost for Project Exports – Support for EXIM Bank 3000 0.02
* First Advanced Estimates for GDP for 2020-21 i.e. ` 1,94,81,975 has been used.
Source: PIB

REFORMS IN TAX ADMINISTRATION

2.18 The Government has consistently adopted reform measures aimed at the long term benefits
of a more transparent, efficient and tax-payer friendly tax administration. A major step in this
direction is the introduction of ‘Honoring the Honest’ platform. The platform for ‘Transparent
taxation- Honoring the Honest’ was launched in August 2020 with an objective to impart
greater efficiency, transparency and accountability, and to eliminate physical interface between
taxpayers and tax officers. The key features of the platform are (i) Usage of technology, data
analytics and Artificial Intelligence and (ii) Recognizing taxpayers as partners in nation-building.
The Platform stands on 3 pillars of tax administration reforms namely, Faceless assessment,
Faceless appeal, and Taxpayers’ charter. The platform is designed to ensure fairness by adopting
measures like random selection through system using data analytics and Artificial Intelligence,
dynamic jurisdiction, automated random allocation of cases, team based assessment/ review,
provision of draft assessment order/review and finalization of the order in different cities each
and no requirement of physical interface between taxpayers and the Income Tax department.

Faceless Assessment Scheme 2020
2.19 The Faceless Assessment Scheme, 2019 (earlier called the e-assessment Scheme and
renamed in August 2020) was based on the idea that automated random allocation of cases
across Income Tax teams with dynamic jurisdiction and elimination of face-to-face contact