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    REDUCING LITIGATION

    Ashamed to see commuters travelling like cattle in Mumbai trains: High Court

    ​​A division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar said it will hold the top officials of both the Central and Western Railways accountable as the "situation in Mumbai is pathetic". The PIL was filed by Yatin Jadhav.

    Union Budget 2024: By eliminating exemptions in direct taxes, complexities and litigation costs can be removed

    The article delves into the historical quirks of taxation, from ancient Egypt to medieval England, highlighting the unique taxes imposed by various rulers. It discusses the current scenario of tax reform anticipation with the upcoming Union budget, resonating with the historical dread of tax season.

    Waiver, other tax reforms top GST Council's docket

    The GST Council is set to discuss various measures at its upcoming meeting on June 22 to pave the way for broader tax reforms in the new government's first full budget. These measures include considering a conditional waiver of interest or penalty on tax notices issued between 2017 and 2020, with exceptions for wilful defaulters. The budget announcement is expected in July.

    Budget 2024: FinMin invites industry views on tax rates, laws for reducing litigation

    Finance Ministry seeks input from trade bodies on tax reforms for 2024-25 Budget, including suggestions on duty structure, tax base expansion, and compliance reduction. The ministry aims to phase out tax incentives and rationalize rates while inviting proposals by June 17 ahead of the budget presentation in Parliament in July.

    After years in work, law ministry clears fresh litigation policy document

    The Union Law Ministry has finalized the National Litigation Policy, aimed at speeding up the resolution of pending court cases. Law Minister Arjun Ram Meghwal signed the document immediately after assuming office, emphasizing faster justice in all court levels. The policy, part of Modi 3.0’s 100-day agenda, will be presented to the Union Cabinet soon for approval.

    To focus on big cases, Income Tax department to withdraw petty demands

    The government will withdraw all outstanding income tax demands up to ₹25,000 for the period before FY10 and those up to ₹10,000 for the period between FY11 and FY14, finance minister Nirmala Sitharaman said. This move aims to reduce frivolous tax litigation and burden from the tax department. The decision will help close 11 million pending demands of income, wealth, and gift taxes, involving less than ₹3,500 crore.

    The Economic Times
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