Budget 2025 Expectations: Will there be steps to tackle growing income tax dispute backlog?
In the previous budget, the government introduced significant reforms under the Direct Tax Vivad Se Vishwas Scheme 2024, ...
Tax Guru11d
Deduction u/s 43B was allowable on taxes paid under protest and the settlement of tax disputes
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 ...
Governor’s Oklahoma budget calls for $1.4 billion less spending, removal of education funding cap
Gov. Kevin Stitt on Monday called on Oklahoma lawmakers to spend nearly $1.4 billion less in the upcoming budget while ...
The Financial Express3d
Centre rethinks on GST waiver for insurance
The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...
Indirect Taxes: Budget 2025 boosts domestic manufacturing, eases tax burden
The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...
OU Daily5d
Oklahoma Gov. Kevin Stitt calls for $1.4 billion cut from state budget
Gov. Kevin Stitt on Monday called on Oklahoma lawmakers to spend nearly $1.4 billion less in the upcoming budget while ...
Govt Under Pressure to Allow Property Purchases of Up to Rs. 25 Million
The Federal Board of Revenue (FBR) is considering allowing property purchases of up to Rs. 10 million without requiring ...
Budget 2025: All eyes on policy shift in upcoming plan, medium-term growth goals
The upcoming Budget for 2025-26 is likely to be used to indicate shifts in policies and preferences as well as clearly laying ...
What to know about Gov. Stitt's budget plans: Tax cuts, funding cuts for state agencies
Republican Gov. Kevin Stitt's budget would cut millions from many state agencies and spend close to $250 million for new tax ...
Business Daily Africa4dOpinion
Debating economy with mwananchi
Last Monday, the Treasury Cabinet Secretary and I, attended Bunge at the Jevanjee Gardens, Nairobi. We engaged Kenyans on ...
The Financial Express15d
Tax disputes: India’s struggle with amnesty schemes
(Image/Freepik) India has seen multiple tax amnesty programmes ... Some of these, notably the Voluntary Disclosure of Income Scheme (VDIS), 1997, and Vivad se Vishwas, 2020, have shown ...
Budget 2025: Settlement scheme like Vivad Se Vishwas needed to clear high backlog of legal tax disputes, say experts
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 ...