
A report highlights a significant failure in India's tax governance, with unrealized tax revenue nearly doubling from FY21 to FY24, reaching approximately Rs 28.59 lakh crore. The article criticizes the government's inability to curb 'tax terrorism' and reduce disputes, noting a substantial increase in litigation despite higher appeal limits. Unrealized undisputed tax demand has quadrupled since FY21, now exceeding disputed tax amounts.
Select a news story to see related coverage from other media outlets.