After the revision in monetary limits for filing appeals in direct and indirect tax cases in the Union Budget 2024-25, the Supreme Court on Tuesday struck off 573 direct tax cases where the tax effect is less than Rs 5 crore, the Ministry of Finance said in a statement on Tuesday.

The Finance Ministry said the measures are expected to “significantly reduce the burden of tax litigation and expedite the resolution of tax disputes” in alignment with the government’s efforts to promote ‘Ease of Living’ and ‘Ease of Doing Business’.

“The CBDT and CBIC had issued necessary orders to enhance the monetary limit for filing appeals in their respective domains.