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Don't delay disposal of tax cases: FM
Financial Express Kochi
|July 25, 2025
FINANCE MINISTER NIRMALA Sitharaman on Wednesday said delays in issuing 'orders giving effect (OGEs)' to the taxpayers by the income tax department for the execution of grievance disposal orders "unpardonable".
Speaking at an event marking Income Tax Day, Sitharaman commended the department's efforts in drafting the simplified, concise, and easy-to-understand 'Income Tax Bill 2025', which will replace the existing Income Tax Act of 1961. The minister appreciated the suggestions made by the Lok Sabha Select Committee and said those will be considered. She said the Bill will likely be approved by the Parliament later this year.
She highlighted five key operational priorities from a 2025 meeting that the department has to execute: accelerating tax demand disposal, withdrawing appeals below a threshold, timely tax refunds, analysing grievances and region-wise performance reviews.
Diese Geschichte stammt aus der July 25, 2025-Ausgabe von Financial Express Kochi.
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