Govt aiming to reduce tax litigation rather than merely manage it, tax policy must evolve with growth: Nirmala Sitharaman
Bengaluru, Sept. 16 -- Union Finance Minister Nirmala Sitharaman stated that the central government has focused its structural tax reforms on fundamentally reducing tax litigation rather than merely managing dispute backlogs. She urged industry representatives and policy researchers to elevate public discourse by proposing workable, quantified statutory alternatives.
Speaking at the International Tax Research and Analysis Foundation (ITRAF) 8th International Tax Conference in Bengaluru today, the Finance Minister said, "The philosophy is simple: make voluntary compliance easier and reserve enforcement capacity for cases that genuinely require it. We have aimed at reducing tax litigation rather than merely managing it."
"Vivad se Vishwas...
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