Updated: Yesterday
Copy Link

Last Updated: 29 September 2026

OTS-2025 (July 2026): ₹167.23 crore tax deposited by taxpayers; ₹534.54 crore relief given through waiver of tax, interest & penalty; 9,782 applications; deadline extended to 30 Sept 2026[1]

Many pending old Tax regime cases including VAT were leading to unnecessary harrasment to traders & burden on Govt offices as well
-- Cases dated back to 1952 or 1967 of even smaller amounts were pending

AAP Govt's Super Successful OTS

-- Govt has collected ₹164.35 Crore tax[2]
-- Even neighbouring Chandigarh Traders sought OTS scheme on Punjab pattern[3]

2 earlier OTS schemes under Congress Govt FAILED which collected merely ₹8.21 crore and ₹4.94 crore only[4]

Investor-friendly AAP Govt[2:1]

Total 70,311 businesses have availed the benefits of AAP's OTS
-- 50,903 dealers benefited with ₹221.75 Crore waived off in the slab of up to ₹1 lac arrear
-- 19,408 dealers benefited with ₹644.46 Crores waived off in the slab of ₹1 lac to ₹1 Crore arrear

OTS lauched on 06 Nov 2023 for settlement of pre-GST arrears, benefiting more than 70,313 traders[4:1]

  • 100% waiver in case of arrears up to Rs 1 lakh as on 31 March 2023, which would cover nearly 39,787 cases
  • Waiver of 50% of the tax amount, 100% interest, 100% penalty is given in nearly 19,361 cases with total arrears from ₹1 lakh to ₹1 crore
  • Applicable for November 15, 2023 - March 15, 2024
  • 09 March 2024: OTS scheme 2023 for VAT payment deadline extended from March 15 to June 30[6]
  • 03 July 2024: Extended till August 16, 2024 for remaining remaining 11,559 dealers[7]

REFERENCES:


  1. https://www.babushahi.com/full-news.php?id=224637 (Punjab Govt Press Release) ↩︎

  2. https://www.babushahi.com/full-news.php?id=189851 ↩︎ ↩︎

  3. https://www.tribuneindia.com/news/chandigarh/vat-dues-traders-seek-ots-scheme-on-punjab-pattern-578602 ↩︎

  4. https://timesofindia.indiatimes.com/city/chandigarh/aap-govts-ots-scheme-brings-137-crore-to-state-finance-minister-cheema/articleshow/111471312.cms ↩︎ ↩︎

  5. https://www.hindustantimes.com/cities/chandigarh-news/punjab-cabinet-nod-to-pilgrimage-scheme-ots-for-traders-to-clear-dues-101699298778694.html ↩︎

  6. https://www.babushahi.com/full-news.php?id=180485 ↩︎

  7. https://yespunjab.com/ots-3-proves-to-be-a-resounding-success-rs-137-66-crore-collected-in-tax-revenue-harpal-cheema/ ↩︎

Related Pages

No related pages found.