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Pay taxes for India's development; tax harassment will be thing of past: PM Modi

"The aim to become a USD 5 trillion economy is not easy, but it is not unachievable. India took 70 years to reach the USD 3 trillion mark but no one asked any questions about it. It is better to set difficult goals and work hard to achieve those than remain directionless," the prime minister said.

February 13, 2020 / 08:38 AM IST
Narendra Modi, Prime minister of India | Though almost all of India’s Prime Ministers have come from the nearly 80% of the population that is Hindu, only Modi has governed as if no one else matters,” writes Karl Vick, Time editor. (Image: Reuters)

Narendra Modi, Prime minister of India | Though almost all of India’s Prime Ministers have come from the nearly 80% of the population that is Hindu, only Modi has governed as if no one else matters,” writes Karl Vick, Time editor. (Image: Reuters)

While the previous governments hesitated to touch the country's taxation system, the current BJP-led dispensation was making it more citizen-centric, Prime Minister Narendra Modi said on Wednesday, urging people to pay their dues for the development of India.

Speaking at the Times Now Summit here, he said the Union budget will help achieve the target of a USD 5 trillion economy.

"The aim to become a USD 5 trillion economy is not easy, but it is not unachievable. India took 70 years to reach the USD 3 trillion mark but no one asked any questions about it. It is better to set difficult goals and work hard to achieve those than remain directionless," the prime minister said.

Stating that a "century of decisions" had been made by his government in just eight months, Modi listed the key steps such as regularisation of unauthorised colonies in Delhi, abrogation of Article 370 of the Constitution, banning triple talaq, reducing corporate tax, forming a Ram temple trust and amending the citizenship law to drive home the point that India was moving forward at a fast pace.