https://www.taxtmi.com/news?id=23688 Proposals target reduction of compliance burdens via Simplification, Digitization, Rationalization and Decriminalization. A Regulatory Compliance Portal will catalog central and state compliances; customs will require pre-arrival filing and a two year investigative limit; faceless dispute resolution and a National Faceless Income Tax Appellate Tribunal Centre will centralize electronic communications; tax returns will be partly pre-filled and digital transaction thresholds raised; LLP decriminalization, revised Small Company thresholds, a consolidated Securities Markets Code, and MCA21 Version 3.0 for digital compliance are proposed. en-us Fri, 05 Feb 2021 15:46:59 +0530 Fri, 05 Feb 2021 15:46:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23688 Proposals target reduction of compliance burdens via Simplification, Digitization, Rationalization and Decriminalization. A Regulatory Compliance Portal will catalog central and state compliances; customs will require pre-arrival filing and a two year investigative limit; faceless dispute resolution and a National Faceless Income Tax Appellate Tribunal Centre will centralize electronic communications; tax returns will be partly pre-filled and digital transaction thresholds raised; LLP decriminalization, revised Small Company thresholds, a consolidated Securities Markets Code, and MCA21 Version 3.0 for digital compliance are proposed. News - Fri, 05 Feb 2021 15:46:59 +0530 https://www.taxtmi.com/news?id=23688