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NEW DELHI: The Supreme Court on Tuesday said it would consider extending the date for freezing the electoral rolls in West Bengal, even as it noted that the Election Commission’s SIR exercise had been largely smooth in other states.The observation came during the hearing of a batch of pleas alleging procedural irregularities in the ECI’s…
As of April 1, 2025, nearly 5.4 lakh appeals were pending before the Commissioner of Income-tax (Appeals). (AI image) As the Union Budget 2026 draws closer, industry bodies and tax professionals are urging the government to shift part of its reform focus from tax rate rationalisation to the far more structural problem of long-pending direct…
A key industry demand relates to strengthening the Customs Authority for Advance Rulings (CAAR). (AI image) As the Centre readies the Union Budget 2026-27, industry and tax experts have flagged mounting customs litigation, uneven trade facilitation and gaps in digitalisation as areas needing urgent policy attention. In its pre-Budget memorandum, FICCI has outlined a series…
NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday said that outcome of GST Appellate Tribunal (GSTAT) must be straightforward with reduced legal frictions, greater simplicity, and should be proactively addressing delays in litigations to ensure better cash flow.“Until now, taxpayers had to navigate different product clarifications on various state interpretations, leading to delays and locked-up…
