The OTS will probably be relevant from November 15
New Delhi:
In a significant Diwali present to merchants of the state, the Punjab cupboard led by Chief Minister Bhagwant Singh Mann as we speak accredited the Punjab one-time settlement (OTS) scheme for pre-GST arrears, which can profit over 60,000 merchants.
A spokesperson of the Chief Minister’s Workplace mentioned the scheme has been launched for restoration of excellent dues for settlement of pre-GST arrears to allow discount of compliance burden of legacy circumstances.
The OTS will probably be relevant from November 15 and will probably be legitimate until March 15, 2024 and taxpayers whose assessments have been framed until March 31, 2023 with quantity of whole demand (tax, penalty and curiosity as much as March 31, 2023) as much as Rs 1 crore, will probably be eligible to use for settlement beneath this scheme.
The OTS will present full waiver in case of arrears as much as Rs 1 lakh as on March 31, 2023 which might cowl almost 39,787 circumstances and an extra, waiver of 100 per cent curiosity, 100 per cent penalty and 50 per cent of the tax quantity is being given in almost 19,361 circumstances.
Mukh Mantri Tirath Yatra Scheme
The cupboard additionally accredited the ‘Mukh Mantri’ Tirath Yatra scheme for enabling the individuals of the state to go to pilgrimage websites throughout the nation at no cost from the upcoming Parkash Purab of Sri Guru Nanak Dev ji on November 27.
Double Ex-Gratia For Troopers With Disabilities
The cupboard accredited to double ex-gratia grant of disabled troopers, each from the army and the paramilitary with incapacity from 76 per cent to 100 per cent to Rs 40 lakh; disabled troopers with 51 per cent to 75per cent incapacity to Rs 20 lakh, and disabled troopers with 25 per cent to 50 per cent incapacity to Rs 10 lakh.
The East Punjab Awards Act, 1948, To Be Amended
The cupboard additionally gave inexperienced sign to amend ‘The East Punjab Battle Awards Act, 1948’ for enhancing the monetary help of 83 beneficiaries from Rs 10,000 each year to Rs 20,000 each year.
The federal government of Punjab gives Battle Jagir as monetary help to these mother and father whose solely baby or two to 3 youngsters had served within the Indian Military through the Second World Battle, Nationwide Emergency 1962 and 1971 beneath The East Punjab Battle Awards Act 1948.
Presently, 83 beneficiaries are taking advantages beneath this coverage. Accordingly, Punjab has introduced that monetary help to these mother and father whose solely baby or two to 3 youngsters had served within the Indian Military through the Second World Battle, Nationwide Emergency 1962 and 1971 beneath The East Punjab Battle Awards Act 1948 will probably be elevated from Rs 10,000 each year to Rs 20,000 each year.
State Cadre Of Patwaris And Kanungos
The cupboard accredited a plan to create a state cadre of Patwaris and Kanungos to streamline the functioning of the income division.
Subcommittee For Theka Staff Sangarsh Committee
The cupboard gave ex-post facto approval to kind a subcommittee and thereafter amendments concerning Theka Staff Sanghrash Morcha Punjab, Land Acquisition Sangharsh Committee and others.
Annual Administrative Experiences
The cupboard accredited the annual administrative reviews of the police division and the vigilance bureau for 2020 and 2022, respectively. The reviews of the Social Safety and Ladies and Baby Improvement and Labour Division for the 12 months 2022-23 and 2019-20, respectively, have been additionally cleared by the cupboard.