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India Inc urges Budget reforms and tax stability with new dispute settlement proposals

Business
Published on 24 April 2026
India Inc urges Budget reforms and tax stability with new dispute settlement proposals

A delayed amnesty could expand to telecom and mining soon

ASSocham has pitched the government to extend the “Vivad Se Vishwas” settlement scheme beyond current coverage into highly regulated sectors such as telecom, power, and mining. It also wants a dedicated dispute resolution mechanism for customs-related cases, arguing that tax and procedural stability would reduce litigation burdens and improve business certainty.

  • ASSocham seeks extension of Vivad Se Vishwas into regulated sectors
  • Telecom, power, and mining are among the targeted industries
  • A separate customs dispute resolution scheme is proposed
  • Goal is tax and procedural stability for businesses
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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