Visit those whose income doesn’t match homes, Modi tells taxmen
NEW DELHI: Prime Minister Narendra Modi has asked tax officials to knock on the doors of people whose income statements don’t reflect the size or grandeur of their property, but they must do so in a gentle and friendly manner, a top government official said on Thursday.
Such cold calls by taxmen are part of several suggestions Modi made at a conference of revenue officials, where the prime minister also set a target of doubling the country’s tax payer base to 100 million. He did not give a deadline.
Successive governments have struggled with under-reporting of taxes, seen as a major hurdle in expanding state revenues, as well as with growing undisclosed incomes, or what is known as black money, to avoid taxation.
A 2015 Credit Suisse survey said India had 185,000 dollar millionaires but officially only about 150,000 people are known to have an annual income of above `5 million.