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LITIGATION REDUCTION MEASURES
Zee board backs promoter stake expansion to 24%Zee Entertainment's board has greenlit a significant fundraising move, approving the issuance of warrants worth up to ₹3,143.5 crore to a p...- When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
- 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...
- 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 2026-27: FICCI pushes for faster dispute resolution and procedural reformsBudget 2026-27: Industry body FICCI has urged the Union Budget 2026-27 to prioritise reducing tax litigation and streamlining compliance fo...
- 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, ...
- 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...
- Vivaad Se Vishwas Scheme 2024 for settling direct income tax disputes coming soon: Budget 2024Budget 2024 proposes to bring back Vivaad se Vishwas Scheme- a direct tax dispute resolving scheme. Earlier, this scheme was introduced in ...
- Vodafone Idea, Airtel have ₹42,000 crore locked in cases against govtThe government is evaluating developing a mechanism similar to 'Vivaad se Vishwas' (VSV) to reduce litigation as part of its relief and ref...
- Narendra Modi to launch Transparent Taxation on Thursday to ease compliance, benefit taxpayersThe launch of the platform will further carry forward the journey of direct tax reforms, following the several measures that have been take...
- Govt announces 25% cut in TDS/TCS rate for non-salary paymentsThe reduction will kick into effect from May 14 and will be valid on payment for contract, professional fees, interest, rent, dividend, com...
- CBDT asks taxman to dispose appeals of over Rs 50 cr by year endThe Central Action Plan for 2018-19 acts as the policy action vision document for the Income Tax Department and is unveiled by the CBDT ann...
- 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...
- 50% professionals expect Budget to steep cut in corp taxRespondents felt that given the increase in cost of living and inflation, there is a need for reduction in tax outgo at personal level.
- 'GST cut will have a significant positive impact on businesses'"These rate cuts are based on pragmatic recommendations from diverse sectors and are indispensable as the effective tax rate increased on s...
- Budget 2016: ‘Non-adversarial’ tax regime to trigger confidence in M&A marketThe investment activity seems to have picked up in recent times, thanks to the initiatives such as Make in India, Startup India, Digital In...
- Budget 2016 proposals to create strong base for growth, says ICSIThe Union Budget is reformist and aims to create a strong base for economic growth and ensure fiscal discipline, ICSI President Mamta Binan...
- Budget 2016: Proposals related to tax simplification, certainty and minimizing litigation, says Naveen Aggarwal, KPMGThe statement also added that the Finance Minister has accepted several recommendations of Justice Easwar Committee, including extension of...
- Budget 2014: 10 tax issues the government needs to addressThe final budget for 2014-15 is expected to be presented in the first week of July. ET takes a look at the tax issues the budget needs to a...
- Rural courts 'expensive' and 'ineffective': Narendra ModiGujarat chief minister Narendra Modi termed the UPA's concept of gram nyayalayas "expensive" and "ineffective".
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