Taxpayers' Charter sends right message to investors on regulation: Experts

Experts said the push to ensure honest taxpayers have certainty and a non-adversarial or soft-touch regime would help put energy and effort of businesses into operations

The Taxpayers' Charter will send the right message to the global investor community regarding regulatory certainty in India, while faceless tax assessment and appeals will ease the compliance burden and accord fair treatment to taxpayers, experts said.

The Taxpayers' Charter, unveiled by Prime Minister Narendra Modi on Thursday, provides for the tax department treating every taxpayer as honest unless proven otherwise and guarantees the right to privacy and confidentiality of information.

This is part of 'Transparent Taxation -- Honoring the Honest' platform which has been launched with the key objectives of bringing in transparency, efficiency and accountability. It would focus on faceless