Last Updated: 20 August 2024
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[1]
-- Even neighbouring Chandigarh Traders sought OTS scheme on Punjab pattern[2]
2 earlier OTS schemes under Congress Govt FAILED which collected merely ₹8.21 crore and ₹4.94 crore only[3]
Investor-friendly AAP Govt[1:1]
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[3:1]
REFERENCES:
https://www.tribuneindia.com/news/chandigarh/vat-dues-traders-seek-ots-scheme-on-punjab-pattern-578602 ↩︎
https://timesofindia.indiatimes.com/city/chandigarh/aap-govts-ots-scheme-brings-137-crore-to-state-finance-minister-cheema/articleshow/111471312.cms ↩︎ ↩︎
https://www.hindustantimes.com/cities/chandigarh-news/punjab-cabinet-nod-to-pilgrimage-scheme-ots-for-traders-to-clear-dues-101699298778694.html ↩︎
https://yespunjab.com/ots-3-proves-to-be-a-resounding-success-rs-137-66-crore-collected-in-tax-revenue-harpal-cheema/ ↩︎