FICCI Urges Tax Appeal Backlog Clearance, Customs Reforms Before Budget 2026
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News18•13-01-2026, 22:40
FICCI Urges Tax Appeal Backlog Clearance, Customs Reforms Before Budget 2026
- •FICCI demands urgent resolution of 5.4 lakh pending income tax appeal cases, involving ₹18.16 lakh crore, before Budget 2026.
- •The industry body highlights that pending tax disputes negatively impact company valuations and delay government revenue collection.
- •FICCI suggests rationalizing the system for staying tax demands during appeals to ease working capital blockage for taxpayers.
- •Customs reforms are also a priority, with a call for more Advance Ruling Authority offices beyond New Delhi and Mumbai.
- •Recommendations include allowing self-declaration extensions to boost trade clarity and reduce compliance burden.
Why It Matters: FICCI pushes for clearing tax appeal backlogs and customs modernization to simplify the tax system and boost business.
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