Sources told Business Recorder that the Task Force for development of housing sector has finalized its short-term term, ...

In the previous budget, the government introduced significant reforms under the Direct Tax Vivad Se Vishwas Scheme 2024, ...

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

Conclusion: Assessee was entitled to claim deductions related to taxes paid under protest and the settlement of tax disputes under various state government amnesty schemes under section 43B and CIT (A ...

As the Union Budget 2025 approaches, the Rashtriya Swayamsevak Sangh (RSS) has outlined several key recommendations to Finance Minister Nirmala Sitharaman. Among the proposals is a significant relief ...

The Federal Board of Revenue (FBR) is considering allowing property purchases of up to Rs. 10 million without requiring ...

The upcoming Budget for 2025-26 is likely to be used to indicate shifts in policies and preferences as well as clearly laying ...

Schemes like Vivad Se Vishwas need to continue to clear huge legal backlog. Further rationalisation measures for income tax assessments and appeals are the need of the hour. This huge backlog blocks ...

Rationalization of Customs tariff rates is critical; we had seen the previous Budget review Customs duties on items such as ...

India has an extensive tax appeals system that starts from the Commissioner of Income Tax Appeals to the Supreme Court.

The Chamber of Trade and Industry (CTI) has urged the government to rename Income Tax as ‘Rashtra Nirmaan Sahyog Nidhi’ ...

According to the original proposal awaiting National Assembly approval, no one can buy property worth more than 130% of the ...