Poging GOUD - Vrij

Don't delay disposal of tax cases: FM

Financial Express Kolkata

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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".

- FE BUREAU

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.

MEER VERHALEN VAN Financial Express Kolkata

Financial Express Kolkata

Accenture beats Q1 sales estimates on AI boost

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Financial Express Kolkata

Firms can have 50% of Indian staff in Oman

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December 19, 2025

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ECB holds policy rates steady, turns positive on economy

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Financial Express Kolkata

Reliance buys majority stake in TN's Udhaiyam Agro Foods

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Financial Express Kolkata

Centre plans more sugar exports

Also mulls raising MSP

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Securities market Bill in LS

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2 mins

December 19, 2025

Financial Express Kolkata

Oman FTA to boost capital flow

TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.

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December 19, 2025

Financial Express Kolkata

New BP boss becomes Big Oil’s most powerful woman

MEG O'NEILL'S RAPID rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt.

time to read

1 mins

December 19, 2025

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