The OTS shall 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 authorised the Punjab one-time settlement (OTS) scheme for pre-GST arrears, which is able to profit over 60,000 merchants.
A spokesperson of the Chief Minister’s Workplace stated 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 shall be relevant from November 15 and shall 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, shall be eligible to use for settlement below 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 extra, 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 authorised the ‘Mukh Mantri’ Tirath Yatra scheme for enabling the folks of the state to go to pilgrimage websites throughout the nation without cost from the upcoming Parkash Purab of Sri Guru Nanak Dev ji on November 27.
Double Ex-Gratia For Troopers With Disabilities
The cupboard authorised 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 Conflict 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 offers Conflict Jagir as monetary help to these dad and mom whose solely baby or two to a few kids had served within the Indian Military in the course of the Second World Conflict, Nationwide Emergency 1962 and 1971 below The East Punjab Conflict Awards Act 1948.
Presently, 83 beneficiaries are taking advantages below this coverage. Accordingly, Punjab has introduced that monetary help to these dad and mom whose solely baby or two to a few kids had served within the Indian Military in the course of the Second World Conflict, Nationwide Emergency 1962 and 1971 below The East Punjab Conflict Awards Act 1948 shall be elevated from Rs 10,000 every year to Rs 20,000 every year.
State Cadre Of Patwaris And Kanungos
The cupboard authorised 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 relating to Theka Staff Sanghrash Morcha Punjab, Land Acquisition Sangharsh Committee and others.
Annual Administrative Reviews
The cupboard authorised the annual administrative experiences of the police division and the vigilance bureau for 2020 and 2022, respectively. The experiences of the Social Safety and Girls and Baby Improvement and Labour Division for the 12 months 2022-23 and 2019-20, respectively, had been additionally cleared by the cupboard.
