Assam Recognized as “Top Achiever” in Business Reforms Action Plan 2022 for Tax Simplification

Guwahati, September 12, 2024: In a significant achievement, Assam has been acknowledged as a “Top Achiever” in the Business Reforms Action Plan 2022. The state has also earned the title of “Top Achiever” in simplifying tax processes, thus boosting the business environment and making Assam an increasingly favorable destination for entrepreneurs and companies alike.

The state’s efforts to create a conducive environment for business growth are centered around key initiatives aimed at streamlining taxation. These reforms span across several tax categories, including GST, professional tax, and other state levies.

Key Initiatives to Simplify Taxation

Goods and Services Tax (GST)

Assam has implemented a series of measures to assist taxpayers with GST compliance. The following initiatives have been introduced:

– Service Centers for E-filing Assistance: To facilitate ease in filing returns, the state has established service centers dedicated to helping taxpayers with e-filing.

– Helpline Services: A helpline has been put in place to provide guidance on basic services such as assisting taxpayers in the preparation and submission of their tax returns.

– Advance Ruling Authority: A specialized authority for advance ruling under the State Goods and Services Tax (SGST) has been constituted. It has published the necessary procedures and checklists for taxpayers on the Department’s website.

– Appellate Authority for Dispute Resolution: The state has established an Appellate Authority for ruling on disputes related to GST and Service Tax. This authority also provides clear instructions and procedures on its website to ensure transparency.

Professional Tax Reforms

To ensure timely and efficient delivery of services related to professional tax, Assam has adopted a time-bound framework through the enactment of various legislative measures:

– Time-bound Service Delivery: The state mandates the timely processing of professional tax-related matters through legislations like the Right to Services Act and the Public Service Guarantee Act. These laws provide a grievance mechanism in case the stipulated timelines are not met.

– Digital Transformation: Assam is encouraging online systems for all stages of professional tax applications, ensuring that taxpayers can:

– Submit applications digitally.

– Pay fees online.

– Track the status of their applications.

– Download signed certificates.

– Avail of third-party verification services.

Other Taxes and Levies

In an effort to bring greater transparency to all state, municipal, and panchayat levies, Assam has committed to publishing a consolidated list of all applicable levies on a single portal. This includes comprehensive details about the rates and tariffs imposed by both the state and local bodies, making it easier for businesses to understand and comply with various tax obligations.

The state’s recent reforms signal a focused commitment to fostering a business-friendly atmosphere by simplifying tax processes and reducing the bureaucratic burden on businesses. Through these initiatives, Assam is moving ahead as a model for other states in India, demonstrating the benefits of clear, efficient, and transparent governance in the business sector.

With these refrms, Assam aims to attract more investments, empower local businesses, and solidify its standing as a key destination for business success.

Also read: Northeast Frontier Railway Launches Special Trains for Assam ADRE Exams 2024