India’s tax authorities should work harder to make peace with taxpayers

[ad_1] Indians have long had a confrontational relationship with the nation’s tax office, whose adversarial approach has crushed countless small businesses and international investors. This was meant to be the year the government fixed all that and repaired relations with taxpayers. A few weeks ago, India’s federal budget cut taxes for many middle-class Indians. It…

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How the upcoming budget can reduce pending tax appeals, ease financial burden on small taxpayers

[ad_1] Amid expectations the upcoming budget will address the issue, experts suggest steps such as reintroducing the faceless regime with personal hearings to handle complex cases, ramping up staffing, alternative dispute resolution mechanisms and mandating a one-year deadline to dispose of appeals. As per the Central Action Plan data, about 550,000 appeals were pending for…

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