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Transparent Taxation-Honoring the Honest (Faceless Assessment, Appeals)- Taxpayers Charter

As a part of “Reforms To Reward Your Honesty the Income Tax Department has implemented various measures to make tax compliance easier for taxpayers on 13th August 2020. This was launched as India’s first taxpayers charter. 1-Faceless Assessment 2-Faceless Appeals 3-Taxpayers Charter We will discuss in details. Highlights of Faceless Assessment Scheme: Dynamic JurisdictionTeam based…

RBI’s One Time Loan Restructuring Policy

In a major initiative and In order to help out borrowers dealing with liquidity issues, the Reserve Bank of India (RBI) has proposed restructuring of personal loans for those struggling with repayments. As per RBI, Personal loan includes gold loan, education loan, home loan, personal loan, consumer durable loan, car loan and loan against securities.…

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