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FACELESS GST SYSTEM
Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...- Income tax burden reduction over 12 years reflects 'Ramrajya', government saysA government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like ...
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- Income tax for new India: Freelancers, gig workers and more; nature of earnings has changed, and Budget 2026 must address themFor a growing section of taxpayers - young professionals, gig workers, and freelancers - filing a tax return still remains complex. Multipl...
- Get it right, GST do itNarendra Modi's announcement signals a deeper GST reform, aiming for simplification and fairness. GST 2.0 prioritizes passing tax reduction...
- Faceless GST system needed; Rs 80,000 cr GST dues must be resolved: Delhi CM Rekha GuptaDelhi Chief Minister Rekha Gupta advocated for a "faceless" and transparent GST system, noting that Rs 80,000 crore in GST dues are pending...
- Budget 2025: Cut IT rates, hand out vouchers to drive consumption, urges CIIThe Confederation of Indian Industry (CII) recommends personal income tax cuts and excise duty reduction on fuel to enhance disposable inco...
- EEPC India bats for 'faceless' GST audit systemThe Engineering Export Promotion Council (EEPC) in India has proposed a faceless GST audit system to enhance ease of doing business. This s...
- EEPC India proposes faceless GST audit to empower MSME sectorEEPC India recommends the government to introduce faceless GST audits to help MSMEs reduce compliance costs and concentrate on growth. They...
- Budget 2024 needs to decide if faceless assessment is revolutionising tax landscape or creating hurdles?Union Budget 2024 Tax: The eagerly awaited Union Budget 2024 in India brings focus to refining the faceless assessment scheme, crucial for ...
- Record tax collections due to reforms, says PM Narendra Modi"Several reforms were brought in in the tax system during the last ten years. Earlier, there used to be different tax systems which common ...
- GST 2.0 may be free of jurisdiction: Vivek Johri, chairman, CBICNew Delhi, which raised the import duty on gold recently, is not looking at any further administrative measures immediately to clamp down i...
- Faceless GST assessment being weighedThe move will be along the lines of the facility for assessment of income tax and customs and is expected to make adjudication and scrutiny...
- Recovery continues despite phases of Covid-19 resurgence: Ajay Bhushan PandeyHe attributed some component of the surge in revenues to the drive launched to identify tax evaders and those availing input tax credit fra...
- Tax collection trend showing signs of pick up, economy on recovery path: Finance SecretaryThe government had in May announced a Rs 20 lakh crore 'Aatmanirbhar Bharat' stimulus package to boost the economy. Last month, a Rs 73,000...
- Finance Secretary says legacy cases, appeals too will be handled under new ‘faceless’ regimeSpeaking at a webinar on ‘Faceless Taxation’ jointly organised by ETMarkets and Ficci, Dr Pandey said taxpayers would not have to go to the...
- Government raises concern over fake invoicing in B2B trade impacting GST collections"It is not only the government, it is also the industry which also has to play an important role. In GST, we are seeing a lot of fake invoi...
- Report on new income tax law submitted to finance ministryThis report is expected to lay out the road map for the future of individual and corporate taxation in India.
- Automated GST refund for exporters by next monthCurrently, the facility of automatic refund is available only for those exporters who have paid Integrated Goods and Services Tax (IGST) wh...
- Modi government to change customs duty architecture to boost trade, ease of doing businessGovt is set to make changes to the customs duty to speed up India’s trade & ease of doing business.
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