<h1>Budget 2024-25 Raises Appeal Limits to Cut Tax Litigation, Boost Dispute Resolution Efficiency.</h1> The Union Budget 2024-25 introduced higher monetary limits for filing appeals in tax-related cases, aiming to reduce litigation and expedite dispute resolution. The limits were increased to Rs. 60 lakh for the Income Tax Appellate Tribunal, Rs. 2 crore for High Courts, and Rs. 5 crore for the Supreme Court. Consequently, the Supreme Court disposed of 573 direct tax cases with tax effects below Rs. 5 crore. These changes are expected to lead to the withdrawal of approximately 4,300 direct tax cases and 1,050 indirect tax cases from various judicial forums, aligning with the government's efforts to enhance Ease of Living and Ease of Doing Business.