Finance Minister Nirmala Sitharaman announced a faceless assessment system for about 2 lakh CGST taxpayers registered in multiple states. A framework will be finalised soon and put up for public consultation before the Budget, with implementation planned for FY28. The move aims to enhance transparency and reduce subjectivity in tax assessments.
Sitharaman Announces Faceless GST Assessment for 2 Lakh Taxpayers
Source: Moneycontrol