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Union Budget 2024-25 boosts tax appeal limits, reducing disputed tax demand by ₹16,690 crore, Parliament informed.
SENSEX 78,723.26
+ 628.62
NIFTY 24,586.75
+ 203.15
CRUDEOIL 7,630.00

Higher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental…

The government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over…

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Net direct tax collection rose over 16%, with corporate taxes increasing by 22% and overall collections exceeding ₹6.5 lakh crore.