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...
04 Aug, 2026, 07.53 PM IST
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...
03 May, 2025, 04.10 PM IST
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.
21 Jan, 2025, 11.13 AM IST
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...
30 Dec, 2024, 12.25 AM IST
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...
29 Dec, 2024, 10.17 PM IST
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...
29 Dec, 2024, 06.38 PM IST
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 ...
13 Jul, 2024, 11.18 AM IST
Faceless scrutiny assessment under GST may take some time: GSTN officialThe introduction of faceless scrutiny assessment for Goods and Services Tax (GST) returns may be delayed, according to a senior official. T...
22 Nov, 2023, 04.05 PM IST
Faceless scheme: Importers can complain online for delay in clearance of Bill of EntryThe Central Board of Indirect Taxes and Customs (CBIC) has issued an advisory for Anonymised Escalation Mechanism under faceless assessment...
06 Jul, 2022, 11.52 AM IST
Use tech tools to improve tax compliance: SitharamanUnion Finance Minister Nirmala Sitharaman has asked tax officials to use technological tools to increase tax compliance and reduce hassles.
24 Sep, 2021, 02.44 PM IST
No proposal for scrutiny of GST assessment in faceless mode: MoS Anurag Singh ThakurIncome tax assessments are being done in a faceless manner except in certain conditions and till March 10, a total of 82,072 assessment cas...
16 Mar, 2021, 09.03 PM IST
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...
23 Feb, 2021, 07.01 AM IST
Lok Sabha passes taxation bill to provide reliefs for taxpayersThe Bill will replace the Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020, promulgated in March. Among others, t...
19 Sep, 2020, 09.56 PM IST
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...
04 Sep, 2020, 08.02 PM IST
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...
22 Nov, 2019, 07.40 PM IST
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...
13 May, 2019, 05.34 PM IST
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.
03 Dec, 2018, 09.47 PM IST