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Rs 20 lakh cr pending direct tax demands under litigation: Govt official

Of the pending demands, Rs 3,500 crore will be waived, as per the Budget announcement on Feb 1, 2024.
Government introduces Vivad se Vishwas-2 to cut litigation costs, improve ease of doing business

With the government spending over 50 crore in lawyers’ fees in 2021-22, and with a large number of disputes being decided in favour of private parties with penal rates of interest, the government has realised that it's in its interest to minimise litigation.
Budget 2023: Vivad se Vishwas scheme may not be suitable for large disputed amounts, lawyers say

A section of lawyers said the scheme encourages arbitration as it provides finality to the proceedings
Deutsche Bank flexes financial muscle with mega bond buyback

The group said it would repurchase up to USD 5.4 billion of its own outstanding bonds, adding that its liquidity position is comfortable enough to carry out the buyback.

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Litigation Cases

Rs 20 lakh cr pending direct tax demands under litigation: Govt official

Government introduces Vivad se Vishwas-2 to cut litigation costs, improve ease of doing business

Budget 2023: Vivad se Vishwas scheme may not be suitable for large disputed amounts, lawyers say

Deutsche Bank flexes financial muscle with mega bond buyback