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 backlog of appeals at various layers of tax litigation/dispute resolution is not only huge, but growing even in proportion to the tax revenues. (Image/Freepik) India has seen multiple tax amnesty ...

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 ...

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 ...

The new president presents mean-spiritedness as a virtue with his stack of spiteful orders, but I see inspiration, too, ...

The general tax amnesty was supposed to cover all national internal revenue taxes, such as income, withholding, capital gains, donor’s, value-added, percentage, excise and documentary stamp taxes.