The OTS might be relevant from November 15
New Delhi:
In a serious Diwali present to merchants of the state, the Punjab cupboard led by Chief Minister Bhagwant Singh Mann right this moment accepted 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 instances.
The OTS might be relevant from November 15 and might be legitimate until March 15, 2024 and taxpayers whose assessments have been framed until March 31, 2023 with quantity of complete demand (tax, penalty and curiosity as much as March 31, 2023) as much as Rs 1 crore, might be eligible to use for settlement underneath 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 practically 39,787 instances and an additional, waiver of 100 per cent curiosity, 100 per cent penalty and 50 per cent of the tax quantity is being given in practically 19,361 instances.
Mukh Mantri Tirath Yatra Scheme
The cupboard additionally accepted the ‘Mukh Mantri’ Tirath Yatra scheme for enabling the folks 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 accepted 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 Struggle Awards Act, 1948’ for enhancing the monetary help of 83 beneficiaries from Rs 10,000 every year to Rs 20,000 every year.
The federal government of Punjab gives Struggle Jagir as monetary help to these dad and mom whose solely baby or two to 3 kids had served within the Indian Military through the Second World Struggle, Nationwide Emergency 1962 and 1971 underneath The East Punjab Struggle Awards Act 1948.
Presently, 83 beneficiaries are taking advantages underneath this coverage. Accordingly, Punjab has introduced that monetary help to these dad and mom whose solely baby or two to 3 kids had served within the Indian Military through the Second World Struggle, Nationwide Emergency 1962 and 1971 underneath The East Punjab Struggle Awards Act 1948 might be elevated from Rs 10,000 every year to Rs 20,000 every year.
State Cadre Of Patwaris And Kanungos
The cupboard accepted 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 type a subcommittee and thereafter amendments concerning Theka Staff Sanghrash Morcha Punjab, Land Acquisition Sangharsh Committee and others.
Annual Administrative Stories
The cupboard accepted the annual administrative stories of the police division and the vigilance bureau for 2020 and 2022, respectively. The stories 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.