- Faceless Assessment:
- Cases randomly picked by computer, no face-to-face meetings.
- Communication only through electronic mode.
- Improves transparency, efficiency, and governance.
- Faceless Appeal:
- Appeals randomly allotted to any officer in the country.
- Officer identification remains unknown.
- Taxpayer not required to visit office.
- Appellate decision is team-based and reviewed.
- Taxpayers’ Charter:
- Government committed to fair, courteous, and reasonable treatment.
- Treats taxpayer as honest, provides appeal mechanism.
- Highlights taxpayer obligations (honest, accurate records, timely response).
- Corporate Tax Reforms:
- Two structures: 25.17% CIT (no exemptions) or 34.94% CIT (with exemptions).
- Abolition of Dividend Distribution Tax (DDT).
- Personal Income Tax Reforms:
- New tax regime with lower rates but no exemptions.
- Old tax regime with higher rates but exemptions.