EY India said with over Rs 31 lakh crore stuck in income tax disputes as of 2023-24, there is an urgent need to clear Commissioner of Income Tax (Appeals) backlog and bolster alternate dispute resolution mechanisms like advance pricing agreements and safe harbours.
The expectations from Budget are focused on a set of strategic reforms that can propel the economy forward, it said.
Denne historien er fra January 09, 2025-utgaven av The Statesman.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 09, 2025-utgaven av The Statesman.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Australian Open: Defending champion Jannik Sinner to meet Alexander Zverev for title
Defending champion Jannik Sinner overcame some thirdset cramping and beat Ben Shelton 7-6 (2), 6-2, 6-2 on Friday to return to the Australian Open final as he seeks a third Grand Slam title.
The rise of ghost jobs: A new employment challenge
In today's rapidly evolving job market, a new phenomenon has surfaced, adding complexity to an already challenging employment landscape: ghost jobs.
Navigating the green energy transition: The role of government policies
India is at the forefront of a global shift towards sustainable energy, showcasing significant progress in its renewable energy journey.
Indigo Airline’s Q3 net profit falls by 18 per cent to ₹2,449 crore
IndiGo, which is India’s largest airline by market share, has reported an 18 per cent year-on-year fall in its consolidated net profit at Rs 2,449 crore as against Rs 2,948 crore in the corresponding quarter of the previous fiscal year.
Golden jubilee celebration by the FET batch of 1975
The Faculty of Engineering and Technology (FET), batch of 1975 from Jadavpur University organised a grand programme to mark their golden jubilee celebrations on 18 January.
Judge stays Trump's order restricting citizenship
A federal judge has stayed US President Donald Trump's order to deny automatic citizenship for babies born to parents here illegally or on temporary visas.
Smriti Mandhana, Deepti Sharma in women's ODI Team of the Year
Star Indian batter Smriti Mandhana and all-rounder Deepti Sharma were included in the ICC Women's ODI Team of the Year led by South Africa batter Laura Wolvaardt.
Thalassemia patient underwent successful knee replacement despite severe comorbidities
This new year brought a remarkable milestone for a 55-year-old woman with thalassemia.
RBI in touch with banks on new liquidity norms amid fears of credit flow being hit
The Reserve Bank of India (RBI) has got in touch with banks this week to understand the impact of its new liquidity coverage norms following concerns that the move would adversely impact the flow of credit in the economy.
'Introducing Credit Guarantee Schemes will go a long way in unlocking opportunities for realty sector'
The real estate sector plays a pivotal role in shaping India's economic landscape, standing as the second-largest contributor to the country's GDP.
