Corporate sector flags tax uncertainty risks ahead of Budget discussions

Industry bodies have urged the government to address persistent gaps in tax certainty and speed up dispute resolution mechanisms, warning that unresolved issues could trigger a fresh wave of direct tax litigation. Businesses have highlighted concerns around ambiguous anti avoidance provisions, lingering treaty interpretation disputes, and uncertainty following the rollback of the equalisation levy. These factors, they argue, undermine predictability and raise compliance costs, directly impacting India’s ease of doing business credentials.