PUNJAB INTRODUCES FINAL OTS TO RESOLVE LEGACY TAX DUES: HARPAL SINGH CHEEMA
Chandigarh, September 24
Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema announced that the 'Punjab One Time Settlement Scheme for Recovery of Outstanding Dues, 2025' will be effective from October 1, 2025, to December 31, 2025, and this scheme aims to resolve approximately 20,039 pending cases involving outstanding dues of nearly Rs 11,968.88 crore across various pre-GST acts, providing substantial relief to the state's trade and industry
Announcing this One Time Settlement Scheme (OTS), the Finance Minister Harpal Singh Cheema said that this initiative, approved by the Punjab Cabinet led by Chief Minister Bhagwant Singh Mann in today’s cabinet meeting, marks the third such scheme offered by the AAP-led Punjab Government, and it will be the final ...