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Top headlines: Auto industry protests taxes; FM seeks to boost PSB lending

The government is looking at modifying its Faceless Assessment Scheme for solving tax disputes.

R C Bhargava (left), chairman, Maruti Suzuki, and Venu Srinivasan, chairman, TVS Motor
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R C Bhargava (left), chairman, Maruti Suzuki, and Venu Srinivasan, chairman, TVS Motor

BS Web team New Delhi
Captains of the auto industry have hit out at the government for not walking the talk on reducing taxes. The government is considering modifying the Faceless Assessment Scheme meant to cut down the physical interface between taxpayers and the Income Tax Department.

More on those stories in our top headlines this morning 

Top taxpayers may get flexibility to exit faceless assessment scheme

The Centre is looking at modifying the ambitious Faceless Assessment Scheme (FAS) meant to cut down the physical interface between a taxpayer and the Income Tax Department. Among other things, the change could offer flexibility to the top

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