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FACELESS ASSESSMENT REFORMS
Faceless tax assessment lost its way: Why Budget 2026 must fix system, not expand compliance burdenWith the new Income-tax Act approaching, Budget 2026 presents a crucial chance to reform India's Faceless Assessment Scheme. Current struct...- FM Nirmala Sitharaman calls for friendly tax compliance processesFinance Minister Nirmala Sitharaman urged tax officials to simplify compliance processes, emphasizing transparency and taxpayer-friendlines...
- 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 ...
- 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...
- 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...
- Income tax dept framing rules to enable physical hearing under faceless assessment scheme“Wherever there is addition proposed - either to income or tax - a showcause notice will be issued and final opportunity will be given to t...
- 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 to detail faceless taxation at ETMarkets-Ficci eventThe government’s latest tax reforms may not have created much of a buzz, but tax experts and policy analysts say this marks a watershed mom...
- View: A platform to honour honest taxpayers will strengthen compliance and broaden tax baseThe platform lays down the framework for big reforms such as faceless assessment, faceless appeal, and taxpayers’ charter, with focus on pr...
- 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.
- PM Modi launches 'Transparent Taxation' portal, a new faceless tax systemFaceless assessment and taxpayers’ charter will begin from August 13, while faceless appeal will begin from September 25 for all Indian cit...
- 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 ...
- Taxpayers' charter to send right message to global investors on regulatory certainty: ExpertsExperts said the push to ensure honest taxpayers have certainty and a non-adversarial or soft-touch regime would help put energy and effort...
- Many landmark decisions by Modi government to empower, honour honest taxpayers: Amit ShahThe Prime Minister on Thursday unveiled a faceless tax assessment and appeals to reduce the scope for corruption and overreach by officials...
- 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 ...
- Government not considering merger of CBDT, CBIC: Finance MinistryReacting to a media report which suggested that a merger of policy making bodies of direct and indirect taxes CBDT and CBIC is on cards, th...
- Customs to begin faceless cargo assessment for imports in Chennai and BengaluruTo begin with, imports covered by Chapters 84 and 85 of the Customs Tariff Act, 1975 which includes machinery, mechanical appliances, elect...
- Customs to roll out faceless assessment across IndiaCBIC has proposed to restructure existing commissionerates into National Assessment Commissionerates (NACs) and Jurisdictional Port Commiss...
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