11-08-2021 | 15:31 PM
Vivad se Vishwas Scheme
• Over 1.32 lakh declarations entailing disputed tax of Rs 99,765 crore have been filed under the 'Vivad se Vishwas' dispute resolution scheme.
• The declarations received under the 'Vivad se Vishwas' scheme cover approximately 28.73 percent of the country's total ongoing direct tax issues.
• The overall number of pending tax disputes was 5,10,491 as of the date of qualifying.
• The Direct Tax Vivad se Vishwas Act, 2020 was enacted with the primary aim to settle all the various direct tax disputes which are currently locked up in numerous appellate forums across the country.
