Cabinet approves amendment in ‘Haryana One Time Settlement Scheme for Recovery of Outstanding Dues 2025’ to further simplify the scheme for small taxpayers
Chandigarh, March 25 : The Haryana Cabinet, which met under the Chairmanship of Chief Minister Sh. Nayab Singh Saini in Chandigarh today, gave approval to amendments in The Haryana One Time Settlement Scheme for Recovery of Outstanding Dues 2025′, in view of the suggestions received from different stakeholders.
The revised scheme, aligned with BJP’s Sankalp Patra, primarily aims to benefit small taxpayers. Under the scheme, an applicant who has curnulative outstanding tax dues up to Rs. 10 lakh in all the years under a relevant Act shall get a waiver of Rs. 1 lakh. Notably, there is a high percentage of entries of arrears of small traders which is less than Rs. 10 lakh and they will be able to avail benefit of this scheme.
The applicant can opt for the scheme within 180 days from the appointed day. The interest leviable under any section of the relevant Act along with penalty shall be waived off for the particular year under the relevant Act for which applicant has applied. Further, the quantified outstanding dues to be recovered under the scheme shall be quantified based on outstanding dues as on date of the application for the scheme.
With a view to move ahead in the GST regime with lesser baggage of arrears, litigations, and to expedite recovery of outstanding dues, the government has taken the decision to settle the quantified outstanding dues of the taxpayers by way of introducing this settlement scheme. Large amounts of arrears have remained outstanding for a long time due to recovery challenges and disputed demands at multiple levels.