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FACELESS CGST SCHEME
Proposal to scrap GST officers' arrest powers based on 'trust'; states likely to back move: SourcesThe 57th meeting of the GST Council, to be chaired by Union Finance Minister Nirmala Sitharaman and comprising state finance ministers, wil...- Centre plans faceless CGST scheme in 3-4 months, seeks to cut taxpayer-officer interfaceThe 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...
- Budget 2025: Key reforms expected in the indirect tax ecosystemThe budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery credits.
- Ease of business in self-reliant India – Indirect tax budgetary changesIt would not be an exaggeration to term this budget as balanced and progressive insofar as it has aimed to cater to the interest of the dom...
- Government proposes to cap surcharge on dividend income for FPIs with trust structure at 15%The government has also proposed tax exemption on the income of category III Alternate Investment Funds in the International Financial Serv...
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