Union Finance Minister Nirmala Sitharaman dedicates a new modern office complex of the Income Tax Department, named 'Aayakar Sindhu', located at Nariman Point, Mumbai.
On July 26, 2026, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman inaugurated the new state-of-the-art office complex of the Income Tax Department in Mumbai, known as 'Aayakar Sindhu'. The locality where the building is located is named after noted freedom fighter Khurshed Framji Nariman.
Speaking on the occasion, which coincides with Kargil Vijay Diwas, Sitharaman paid tribute to the brave soldiers who made the supreme sacrifice during the 1999 Kargil War. She emphasized the values of patriotism and public service and stated that 'We will ensure every institution of the Republic remains worthy of their sacrifice.'
Addressing Income Tax officers, Sitharaman noted their role is highly sensitive, demanding the highest standards of honesty, professionalism, and integrity. She urged them to serve the nation with integrity and dedication as a tribute to soldiers and freedom fighters who devoted their lives to the country.
Explaining the significance of the name 'Aayakar Sindhu', Sitharaman stated that it aptly reflects the role of the Income Tax Department. Just as the ocean (Sindhu) receives water from countless rivers, the Department mobilizes tax revenues from taxpayers across the country and channels them into the Consolidated Fund of India, from where resources are utilized for nation-building and public welfare.
Sitharaman also spoke about the challenges encountered in clearances and removing encroachments before the construction of Aayakar Sindhu. She called upon officers to exercise their authority with empathy, sensitivity, and a spirit of public service, ensuring that governance remains citizen-centric.
The Finance Minister assured Income Tax officials that the government is committed to improving office infrastructure and residential accommodation, particularly in metropolitan cities such as Mumbai. She informed that efforts are underway to expedite the government-to-government land acquisition process through the Central Board of Direct Taxes (CBDT) for establishing permanent office premises, as several Income Tax offices in Mumbai and Navi Mumbai presently function from rented buildings.
Source:
Press Information Bureau
