OPERATION CLEAN MONEY: AN OVERVIEW

The ITD's vision is to "partner in the nation-building process through progressive tax policy, efficient and effective administration, and enhanced voluntary compliance," according to the Vision 2020 document.

OPERATION CLEAN MONEY MISSION
Create a tax compliant society through a fair, transparent and non intrusive tax administration where every Indian takes pride in paying taxes

OPERATION CLEAN MONEY STRATEGY
• Increase awareness about tax obligations using a comprehensive Information, Education and Communication (IEC) approach
• Promote voluntary compliance by e-delivery of services and reducing taxpayer compliance costs
• Collect timely and accurate third party information from Reporting Entities
• Increase collaboration and data exchange with government agencies and data exchange partners
• Effective identification, assessment and management of risks by leveraging technology and data analytics
• Encourage timely and accurate reporting of income in returns and payment of taxes using customized communication and compliance monitoring
• Transform verification and investigation function of the Department by leveraging analytical and collaborative technologies
• Effective deterrence for habitual offenders to deter serious and repeated non-compliance
• Develop strong partnerships with the tax professionals, industry associations and service providers to create a sustainable compliance environment
• Evaluate feedback, events and results for continuous learning and improvement