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NEW FACELESS APPROACH
India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...- Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
- 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...
- Encourage compliance rather than enforcement: Highlights from FM Sitharaman's Income Tax Day speechFinance Minister Nirmala Sitharaman highlighted key points during her speech on Income Tax Day, emphasising the need for tax authorities to...
- Tax department seeks to make faceless assessment smootherTax officers said that some of the changes were implemented at the start of the financial year itself, when 20 committees were set up to ad...
- I-T dept eases norms for personal hearing via video conference under faceless appeal scheme"Such a hearing shall be conducted through video conferencing or video telephony, including use of any telecommunication application softwa...
- DTPA says many teething problems in new IT portalThe DTPA has also urged the Finance Minister to extend by two months date for payment of tax under Vivad Se Vishwas Scheme as also date for...
- Delhi govt discards system of prior appointments for e-rickshaw learner's licencePeople seeking a learner's licence for e-rickshaws can now approach the licensing authority directly, without having to go through the proc...
- Income tax department to zero in on tax evaders under faceless assessment schemeUnder the faceless assessment scheme, transactions with the ITRs of taxpayers/entities and selects tax returns for scrutiny that show wide ...
- 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...
- IT Department to map digital behaviour of taxpayers to create profiles“If I give you a requisition for five things, you (taxpayer) respond to one, and take adjournment to respond to the other, that’s assessee ...
- Taxpayers need not disclose high-value transactions in income tax return“There is no such proposal to modify income tax returns forms,” a finance ministry official said, in response to reports on expansion of st...
- Faceless approach to taxation: FM apprises I-T officers of their increased responsibilityIndia was setting an example for the world in use of technology in delivery of better services to its taxpayers, she is learnt to have comm...
- I-T dept disposes 7,116 assessments under first phase of faceless scrutinyIn the first phase of faceless assessment, a total of 58,319 cases were assigned in an automated way randomly and these were kept away from...
- Customs stations to set up 'Turant Suvidha Kendras' by July 15In a communication to all Principal Chief Commissioners of Customs and Central Tax, the CBIC said the step is being taken ahead of the pan-...
- Faceless e-assessment scheme for taxpayers launchedTaxpayers will no longer be subjected to physical scrutiny, can file all documents online under new scheme.
- No more tense meets with taxmanFM Sitharaman had announced launching of the scheme in 2019 that would provide e-assessment of income-tax in electronic mode with no human ...
- Faceless tax assessment from Oct 8: FMAll information will be sought through available technologies and the assessment will be done randomly.
- I-T assessments to be completely faceless in few years: CBDT chairmanChandra said the taxman, in coming days, will undertake a two-part approach when dealing with an average taxpayer's ITR.
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