Challenges in taxation can be met through innovation: President

Bs_logoImage
IANS New Delhi
Last Updated : Jul 17 2014 | 3:25 PM IST

The emerging challenges in the country's tax administration can be met through ingenuity, innovation and adoption of new ideas and technology, President Pranab Mukherjee has said.

"New challenges have emerged in the wake of globalization and economic integration. These challenges in tax administration can be met through ingenuity, innovation and adoption of new ideas and technology," Mukherjee told a group of 144 trainee Indian Revenue Service (IRS) officers Wednesday.

Mukherjee said: "With enthusiasm and innovative thinking, the young IRS officers can bring changes in tune with rapidly transforming national and global scenario."

The trainee officers, including 38 women officers are undergoing a 16-month course at the National Academy of Direct Taxes in Nagpur.

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

70% off

Smart Essential

₹810

1 Year

₹67/Month

70% off

Super Saver

₹1,170

2 Years

₹48/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories

  • Over 30 subscriber-only stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 17 2014 | 3:16 PM IST