Faceless system in place for central GST payers
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Finance Minister Nirmala Sitharaman unveiled a faceless GST system to streamline processes for two lakh taxpayers. This new system follows significant rate cuts that reduced the effective GST rate across goods and services. A working group submitted a report to implement a centralized tax administration for multiple CGST jurisdictions. This initiative aims to improve taxpayer experiences similar to reforms in income tax administration. What's Your Reaction?
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