Central Board of Indirect Taxes and Customs

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Macro Economy & Fiscal Policy 08 Oct 2026, 10:46 PM IST

Faceless GST Assessments for Multi-Jurisdiction Taxpayers to Begin Next Fiscal Year

India is preparing to extend faceless assessment to Goods and Services Tax payers registered across multiple Central GST jurisdictions, a move aimed at reducing discretion, improving consistency and speeding up dispute resolution. The framework is expected to be placed in the public domain for consultation by the end of this year, with implementation targeted for the next fiscal year.

By RDU Global Wire5 min read

National Governance & Policy1h ago

India Eases Customs Paperwork for UK Imports as Trade Pact Tariff Benefits Get Faster Access

India's customs authority has relaxed documentation requirements for imports seeking preferential tariffs under the India-UK Comprehensive Economic and Trade Agreement, saying a valid origin declaration from a UK exporter or producer will generally be enough to establish eligibility. The move removes the routine need to file Form-I with every Bill of Entry, a change aimed at simplifying customs compliance and reducing trade friction.

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Macro Economy & Fiscal Policy09 Oct 2026, 09:47 AM IST

Centre Plans Faceless GST Assessments, Starting With Central Cases

The Centre is preparing to introduce faceless assessment for GST taxpayers, beginning with assessees handled under central formations, in a move aimed at reducing discretion, improving consistency and speeding up dispute resolution. Industry experts say the reform could be especially useful for multi-state enterprises, exporters and large manufacturers that face complex compliance and assessment issues across jurisdictions.

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Banking, Fintech & Insurance09 Oct 2026, 09:19 AM IST

Central Bank of India Posts 30% Credit Growth, Lifts Q2 Business to Rs 8.89 Lakh Crore

Central Bank of India reported a sharp 30 percent rise in credit growth for the second quarter of the financial year, underscoring sustained loan demand and a stronger balance-sheet trajectory. Advances stood at Rs 2.93 lakh crore as of September 30, 2025, while deposits rose 14 percent to Rs 5.08 lakh crore and total business expanded 21 percent to Rs 8.89 lakh crore.

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Banking, Fintech & Insurance07 Oct 2026, 08:42 PM IST

Central Bank of India Posts 30% Credit Growth as Advances Rise to Rs 2.93 Lakh Crore in Q2

Central Bank of India reported a sharp 30% year-on-year rise in credit growth for the second quarter, underscoring stronger lending momentum across its portfolio. As of September 30, 2025, advances stood at Rs 2.93 lakh crore, deposits rose 14% to Rs 5.08 lakh crore, and total business expanded 21% to Rs 8.89 lakh crore.

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National Governance & Policy06 Oct 2026, 03:27 PM IST

Four Students Injured as Protest Erupts at Central University of Kerala During Vande Mataram Seminar

Four students were injured after a protest broke out at the Central University of Kerala during a seminar linked to Vande Mataram, according to student accounts. The confrontation escalated into allegations that police used force, including tearing students’ clothes while trying to disperse the crowd, raising fresh questions about campus policing and the handling of dissent in higher education institutions.

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Global Markets & Equities06 Oct 2026, 01:52 AM IST

French Central Bank Chief Warns France Could Be ‘Strangled’ by High Interest Rates

France faces a mounting sovereign debt test as investors demand a higher premium to hold its bonds, raising the cost of financing a budget already under strain. The warning from the head of the French central bank underscores how quickly market confidence can erode when fiscal discipline appears uncertain.

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Global Markets & Equities10 Oct 2026, 11:43 AM IST

Trump’s Bid to Target Fed Governor Lisa Cook Tests Central Bank Independence

President Donald Trump has moved to create a committee to investigate Federal Reserve Governor Lisa Cook, escalating a confrontation that could reshape the balance of power at the U.S. central bank. The effort comes after a Supreme Court ruling that may narrow protections for independent regulators, raising fresh questions about Jerome Powell’s authority, interest-rate policy and the future of Fed independence.

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Co-Occurring Entities

Entities frequently referenced alongside Central Board of Indirect Taxes and Customs:

New Delhi(1)India(1)Goods and Services Tax(1)