For Quick Alerts
For Daily Alerts

Govt To Resolve Pending Taxation Issues: FM

By Religare

The Indian Government has said that it has been making efforts to resolve pending taxation issues and promised to continue reforms to lift the country's economic fundamentals to make it an attractive investment destination, media reported.

Govt To Resolve Pending Taxation Issues: FM
Commenting on the issue, Finance minister Arun Jaitley told the media, "A number of them (pending disputes) have been put to rest and we are trying over the next few days so that many others can be put to sleep either by a judicial resolution or by an executive resolution."

"The government had many reform steps lined up to promote ease of doing business. It's working on measures such as a bankruptcy code, dispute resolution in major contracts, expeditious arbitration proceedings and a public procurement law. These are reforms which we are trying to put on track," he added.

The Finance minister also added that the Government was clear about the direction of economic Governance.

The Government is planning to restructure the model of Governance to take the burden of employment off a delicate agriculture sector, one which forces the pace of development of the services and urban sector and builds a vibrant manufacturing sector.

Read more about: finance minister
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more