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FACELESS TAX ADMINISTRATION
GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaulThe GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include ...
GST reforms 2026: Govt plans faceless, centralised CGST system for 2 lakh multi-jurisdiction taxpayersGST reforms 2026 will move around 2 lakh businesses operating across multiple CGST jurisdictions towards a centralised, faceless tax admini...
GST Council to focus on auto refunds, swifter ITC, fewer noticesThe government is preparing to transition the GST regime toward a trust-based tax administration. This shift includes introducing sweeping ...
- Centre plans faceless CGST scheme in 3-4 months, seeks to cut taxpayer-officer interface
The Centre plans to launch a pilot faceless scheme under the Central Goods and Services Tax. The aim of the scheme is to reduce direct inte...
India’s international trade in times of AIThe Age of AI needs trade governance that deploys natural intelligence in conjunction with artificial intelligence for a quantum jump in sp...
BRICS economies must shape global tax rules for next generation, says FM SitharamanFinance Minister Nirmala Sitharaman said BRICS countries need to ensure their views are reflected in the new global tax rules, as decisions...
Supreme Court stays Punjab and Haryana HC judgment in JAO tax notice caseMany individuals and companies had moved various high courts challenging proceedings initiated directly by JAOs. In April, the SC, while he...
Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax: CBDT memberUpdated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing...
No more hush-hush: Tax portal opens door to misconduct complaintsThe Income Tax portal now allows taxpayers to report misconduct. A new tab enables complaints against officers for sexual harassment or bri...
FISME seeks GST overhaul to ease MSME complianceFISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST...
Former CBDT Chairman PC Mody appointed Rajya Sabha Secretary GeneralVice President and Rajya Sabha Chairman M Venkaiah Naidu appointed Mody as the Secretary-General, Rajya Sabha on Friday in the rank and sta...
Robust IT infrastructure needed for implementing faceless appeals scheme: PwCA robust IT infrastructure, the PWC report released on Tuesday said, was needed so that taxpayers can submit requisite documents.
Customs to roll out pan-India faceless assessment for all imports by October 31"Board has decided to roll out the Faceless Assessment at an all India level in all ports of import and for all imported goods by October 3...
Big Data to track tax frauds? Govt lens on big deals, stock purchasesWe are getting data not only domestically, but also from 98 other countries with whom we have tax treaties. These will help streamline the ...
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...
CBDT sets up 30 assessment centres in 20 cities as part of new faceless taxation programThe structural change has been brought into immediate effect, and closely follows directives under the Transparent Taxation platform launch...
PM Modi launches Transparent Taxation platform to benefit honest taxpayersThree main features of the platform are faceless assessment, faceless appeal and tax payers' charter, the PM announced.
Government determined to make income tax system 'seamless, painless, faceless': MoS ThakurIn a major overhaul of tax administration, Prime Minister Narendra Modi on Thursday unveiled faceless tax assessment and appeals to reduce ...
Faceless tax assessment to promote transparency, empower honest taxpayers: India Inc"The platform lays down the framework for big reforms such as faceless assessment, faceless appeal, and taxpayers charter and will greatly ...
Faceless scrutiny, appeals to ease taxpayers' compliance burden, increase fairness in tax system: FMModi launched the platform 'Transparent Taxation – Honoring the Honest' which provides for launch of faceless assessment and adoption of a ...