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Home > Country profiles > India > Articles > Article detail

Govt mulls mediation to solve tax issues with companies

Wednesday, 23rd January 2020

"New Delhi: The government may adopt a mediation mechanism that will help companies determine their future tax liabilities and even settle disputes, said a person familiar with the development. The concept, which is widely prevalent overseas, is being discussed amid preparations for the February 1 budget, the person said. 

Mediation will allow taxpayers to get a fix on how much they need to pay and avoid disputes. “This will bring down litigation substantially,” the person said."

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Language: English
Contact: Deepshikha Sikarwar

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