Over Rs 11.8 Trillion Stuck in Direct Tax Disputes, FM Tells Rajya Sabha

Finance Minister Nirmala Sitharaman informed the Rajya Sabha that over Rs 11.8 trillion is locked in direct tax disputes. The government has undertaken several measures to resolve these cases, including introducing the Vivad se Vishwas scheme, which facilitates amicable settlements. While the scheme has been successful in reducing pendency, a significant volume of cases remains unresolved. The minister emphasized the need for faster dispute resolution mechanisms to free up funds and reduce litigation burdens. The statement highlights ongoing efforts to reform India’s tax administration for improved compliance and efficiency.