Prime Minister Narendra Modi on Thursday launched a platform 'Transparent Taxation- Honoring the Honest', which, he said will strengthen efforts of reforming the tax system. The platform will ease tax compliance, the PM said on Thursday.

Dedicating the new platform to honest taxpayers, PM Modi said, "Honest taxpayers play important role in national development. Faceless assessment, faceless appeal and taxpayer charter part of new platform 'Transparent Taxation Honoring the Honest'."

He further stated that banking the unbanked, securing the unsecured is our motto adding that this platform has big reforms such as faceless assessment, faceless appeal, and taxpayers charter. Faceless assessment and taxpayers charter come in force from today, whereas faceless appeal service will be available from September 25," he added.

Effort is to make tax system seamless, painless and faceless, the PM said.

Finance Minister Nirmala Sitharaman spoke ahead of the launch and said the reform will mark an important step forward in providing a simple and transparent taxation regime.

The virtual event was attended by various chambers of commerce, trade associations, chartered accountants' associations, and "eminent" taxpayers.