5 years of Faceless assessment in India, Is Faceless Assessment a Success or Failure ?
In 2020, the Indian government launched the Faceless Assessment scheme to revolutionize income tax proceedings. The objective was clear: eliminate human interaction, reduce corruption, and ensure faster, fairer tax assessments through a digital framework. Nearly five years later, India’s faceless tax system remains one of the most debated reforms in the country’s fiscal history. So, has it been a success—or […]
Upcoming Changes in TDS Provisions – Effective from April 1, 2025
The Indian government has proposed significant changes to the Tax Deducted at Source (TDS) provisions under the Income Tax Act, effective from April 1, 2025. These amendments aim to simplify tax compliance, rationalize threshold limits, and reduce TDS rates to improve the ease of doing business. As a leading Income Tax consultants, PGA & Co. […]