Try GOLD - Free

CII proposes simpler TDS regime, faster dispute settlement

Financial Express Bengaluru

|

November 01, 2025

THE CONFEDERATION OF Indian Industry (CII) on Friday proposed the government to bring out reforms to make India’s tax system more simpler, technology-driven and trustworthy in Budget 2026-27 to slash litigation, boost compliance,and align taxation with the vision of Viksit Bharat 2047.

- FE BUREAU

It recommended the government to fast-track all tax dispute cases above ₹100 crore for resolution within a year through multiple virtual hearings.

At a pre-budget meeting with Revenue Secretary Arvind Shrivastava, the CII said that more than 0.5 million appeals are pending before Commissioners (Appeals), involving almost ₹18 lakh crore of disputed demand.

MORE STORIES FROM Financial Express Bengaluru

Financial Express Bengaluru

US trade deficit shrinks to narrowest since 2020

THE US TRADE deficit unexpectedly narrowed in September to the smallest since mid-2020 as exports surged.

time to read

1 mins

December 12, 2025

Financial Express Bengaluru

'Silent dissents' reveal growing Fed resistance to Powell's cuts

FEDERAL RESERVE CHAIR Jerome Powell downplayed dissenting votes against Wednesday’s decision to lower interest rates again, but a slew of finer details from the meeting revealed just how divided the central bank has become.

time to read

1 mins

December 12, 2025

Financial Express Bengaluru

Bank credit to micro, small enterprises grows 27%

Large corporate lending climbs to 7-month high

time to read

1 min

December 12, 2025

Financial Express Bengaluru

IndiGo’s ₹10K coupons to flyers hit during Dec 3-5

INDIGO ON THURSDAY said it will offer travel vouchers worth %10,000 to each “severely impacted” passenger whose flights were cancelled or delayed during the airport chaos between December 3 and 5.

time to read

1 mins

December 12, 2025

Financial Express Bengaluru

ICAI gives nod to easier advertising rules for CAs

REVISED CODE OF ETHICS TO COME INTO FORCE FROM APRIL 1

time to read

2 mins

December 12, 2025

Financial Express Bengaluru

Perfetti Van Melle aims to double its top line in 4 yrs: MD

CONFECTIONERY MAJOR PERFETTI Van Melle India — best known for brands such as Chupa Chups, Alpenliebe and Mentos — is aiming to double its turnover from around ₹4,000 crore to about ₹8,500 crore within four years, Managing Director Nikhil Sharma told FE.

time to read

2 mins

December 12, 2025

Financial Express Bengaluru

Readying the pitch for the next innings

ADVERTISER INTEREST FOR WPL 2026 IS AT ITS STRONGEST AFTER THE ICC WORLD CUP WIN EVEN AS BROADCASTERS DEAL WITH COST OVERHANG

time to read

3 mins

December 12, 2025

Financial Express Bengaluru

‘We use technology at every point of the post-harvest chain’

Agritech startup Arya.ag expects its next leg of growth to come from increased utilisation of its 12,000-warehouse network, expansion and deeper integration of its smart farm centres, scaling its fintech business, which grew disbursements by 50% in H1, continued investment in automation, straight-through processing and digital documentation and strengthening of marketplace linkages.

time to read

2 mins

December 12, 2025

Financial Express Bengaluru

Modi to visit Jordan, Ethiopia, Oman from Dec 15

PRIME MINISTER NARENDRA

time to read

1 min

December 12, 2025

Financial Express Bengaluru

Goa nightclub owners who fled after blaze detained in Thailand

GAURAV AND SAURABH Luthra, co-owners of ‘Birch by Romeo Lane’ nightclub in North Goa where a blaze claimed 25 lives, have been detained by the authorities in Thailand, officials said on Thursday as a Delhi court rejected their transit anticipatory bail pleas.

time to read

1 min

December 12, 2025

Listen

Translate

Share

-
+

Change font size