No More Tax Wishlists? FM Sitharaman Asks Experts to Make the Case for What Should Go

FM Sitharaman asks industry to look beyond tax cuts, suggest provisions that should be scrapped

Sitharaman said stakeholders should submit evidence-based and quantified proposals, setting out the number of taxpayers affected, compliance costs, revenue implications and possible unintended consequences of proposed tax changes.

Independent tax policy research should enter public discourse: FM Sitharaman

Finance Minister Nirmala Sitharaman advocates for independent tax research in public discourse, prioritizing national interest over sectoral interests.

Govt Aiming to Reduce Tax Litigation Rather Than Merely Manage It, Tax Policy Must Evolve with Growth: Nirmala Sitharaman

Get latest articles and stories on Business at LatestLY. 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. Business News | Govt Aiming to Reduce Tax Lit…

No more tax wishlists? FM Sitharaman asks experts to make the case for what should go

Finance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking them to identify provisions that no longer serve the tax system, even when they benefit from them. She said India remains better placed economically despite global challenges and sought evidence-based tax reforms.

Tax commentary must reach policy processes, public at large: FM Sitharaman

Digital Desk | New Delhi, Sep 16 (IANS) Union Finance Minister Nirmala Sitharaman on Wednesday urged the Indian Tax Research and Advisory Foundation (ITRAF) to move beyond its traditionally quiet contributions to international taxation and make its expertise more visible in policy processes and public discourse. Speaking at the 8th International Tax Conference of ITRAF in Bengaluru, Karnataka, FM Sitharaman said the organisation’s high-quality…

Government Implements Reforms to Decrease Tax Litigation

The central government is striving to fundamentally reduce tax litigation rather than merely managing existing disputes, as stated by Union Finance Minister Nirmala Sitharaman. Speaking at the 8th International Tax Conference organised by the International Tax Research and Analysis Foundation (ITRAF) in Bengaluru on September 16, she emphasised the need for innovative and workable alternatives […]