INDORE: The Government expects to resolve 90 per cent of the income tax disputes through ‘Vivaad se Vishwas’ scheme announced in the Budget for 2020-21, Union Minister Anurag Singh Thakur said on Tuesday.
The scheme is aimed at resolving tax disputes worth over Rs 9.32 lakh crore in 4.8 lakh cases.
“We hope more than 90 per cent pending income tax cases will be settled under ‘Vivaad Se Vishwas’,” Thakur, who was speaking at an employment fair organised by a local non-profit, Sarthak, said.
The Minister of State for Finance also assured that the interests of entrepreneurs paying taxes honestly will be protected and emphasised the need to curb frauds in the tax system. (AGENCIES)
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