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LITIGATION REDUCTION
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...- How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
- EPFO brings down consumer court cases by 46% in 2 yearsThe Employees Provident Fund Organisation has significantly reduced consumer court cases and overall litigation. A special campaign cleared...
- US stocks: Honeywell forecasts second-quarter revenue below estimates over Middle East conflictHoneywell on Thursday forecast second-quarter revenue below Wall Street estimates as conflict in the Middle East weighed on the U.S. indust...
- Property tax overhaul in NDMC: What the new Unit Area System means for youThe New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictabi...
- $25,000 payout alert: Drivers could claim cash from $4.15 million settlement — deadline April 29AAA $4.15 million insurance settlement claim payout is now open for eligible drivers, with payments up to $25,000 and deadline April 29. Dr...
- After deleveraging Rs 215 crore in debt, JDMEHF bets big on healthcare’s futureUnder Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.
- FM Sitharaman urges tax officials to focus on fairer demand, faster resolutionDuring a recent conference, Finance Minister Nirmala Sitharaman highlighted the importance of easing tax payment processes for well-meaning...
- Budget 2026 announced no interest liability on the taxpayer, on the tax penalty amount for appeal before CIT (A)Prepayment quantum is reduced to 10% on core tax demand to curb litigation. Taxpayers can now update returns even after reassessment begins...
- Budget 2026: Ficci pushes for tax certainty, faster dispute resolutionCorporate India is rallying for crucial reforms as the budget season approaches. Their wishlist highlights the necessity for minimized lega...
- When is new Income Tax Bill likely to come into effect?Income Tax Act, 2025: Once the new income tax bill is passed by Parliament, many taxpayers and common citizens will wonder when it will com...
- New income tax bill: What should you expect?India's Finance Minister Nirmala Sitharaman announces a New Income-tax Bill in 2024 aimed at simplifying tax laws, stimulating investment, ...
- Need holistic new Tax Code for Vikshit Bharat: ExpertsExperts call for tax reforms before the upcoming budget. They suggest a simpler tax system with lower rates and a wider base. This aims to ...
- Simplified I-T Act likely to take longerReform of dispute resolution mechanisms, simplification of litigation management, overhaul of rules dealing with transfer pricing and tax d...
- I-T dept receives 6,500 suggestions on income tax act reviewThe income tax department received suggestions for the Income Tax Act review. Finance Minister Nirmala Sitharaman chaired a meeting on the ...
- CBDT forms internal committee to comprehensively review Income-tax Act, invites suggestions on the tax e-filing portalThe Central Board of Direct Taxes has formed a committee to review the Income-tax Act, 1961. This follows the Union Budget 2024-25 announce...
- Tax dept invites public suggestions for I-T Act reviewThe Income Tax department has sought public opinions to simplify the six-decade-old Income-tax Act, focusing on clearer language, reducing ...
- Government’s indirect tax litigation reduction scheme 'Sabka Vikas' challengedIntroduced in 2019, the scheme, which was aimed at freeing “a large number of small taxpayers of their pending disputes with the tax admini...
- Income Tax: Modi government finds a new way to rein in India's overzealous taxmanThe NDA government will sharply increase the monetary thresholds at various levels – in the courts and appellate tribunals – to cut down on...
- Committee for reduction of litigation in MOD submits report to Manohar ParrikarThe report also remarks that the government should accept orders of the Armed Forces Tribunal and further appeals should only be made in 'e...
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