17 June 2016 Current Affairs: RAPID : R for Revenue, A for Accountability, P for Probity, I for Information and D for Digitization
Prime Minister Narendra Modi on 16 June 2016 suggested a mantra, RAPID, to tax officials while inaugurating Rajasva Gyan Sangam, a two-day Annual Conference of Senior Tax Administrators in New Delhi.
The mantra, RAPID means R for Revenue, A for Accountability, P for Probity, I for Information and D for Digitization.
It will help people to respect the rule of law as well as fear of the long arm of the law for those who evade taxes.
During the ceremony, Modi also motivated the revenue officers towards achieving high standards in taxpayer friendly service in view of fast paced changes in the world economy. He is also likely to address some of the challenges faced by these departments.
The conference provided a platform to assess the performance of the year gone by and to deliberate on emerging issues without any hierarchical barriers.