Bharatstudent.com
Sign Up | Login
Networking Videos
Piyush Goyal announces steps taken to bring down tax litigation
New Delhi, Jul 12 (ANI): Union Finance Minister Piyush Goyal addressed a press conference on steps taken for reducing tax litigation in New Delhi on Thursday. During his address, the Union Minister assured that Government was taking major steps towards reducing tax litigation across the board and withdrawing cases in various courts from Appellate Tribunal level to the level of Supreme Court by enhancing limits for filing appeals by the government. He said, “The procedure to take a case to the Tax Tribunal in case of tax related issue has now been doubled to Rs 20 lakh from Rs 10 lakh. To now appeal in High Court the amount has been increased from Rs 20 lakh to Rs 50 lakh. To unclog surplus of cases in Supreme Court the earlier appeal of Rs 25 lakh has been made Rs 1 crore. This has led to an almost 41% reduction in cases of (direct) income tax cases.”
 
Latest Videos

Trump on Kavanaugh: ...

Cosby arrives for ...

World's top cliff ...

Kavanaugh target of ...

Oil could rise to $100 by ...

CM Raje announces ...

‘Frustrated’ ...

Trump reiterates ...

#MeToo supporters shout ...

Rahul Gandhi temple visit ...

Sky shares jump after ...

MP BJP leader resigns ...

Mumbaikars initiate beach ...

Bus carrying 20 children ...

Thousands in SC urged to ...

Stars gather on ...
 

People


Love U Jindagi: A man ...

Love U Jindagi: ...

Love U Jindagi: A horse ...

Bhavishyavani Vaastu Tips ...

Sports


We're very hopeful ...

There should not be ...

India celebrates its win ...

Always treated India ...

 
Bharatstudent
About
News
Mobile
RSS Feeds
FAQ
Contact Us
Advertise with Us
Networking
Friends
Gangs
Photos
Videos
Classifieds
Study Zone
Study India
Study Abroad
Notifications
Exam Results
My First Job
Cafe Bharat
Hindi
Tamil
Telugu
Kannada
Malayalam
GenX Zone
Game Zone
Live Radio
Greetings
Recharge Mobiles
Cricket
Become a FAN on Facebook
© All rights reserved to BharatStudent.com Terms of Use | Privacy