November 21, 2020 No Comments

Central Government Raised Rs 72,480 Tax Amount Under Vivad Se Vishwas Scheme

The central government has so far received tax amount of Rs 72,480 crore in 45,855 cases through the Direct Tax Dispute Resolution Scheme called ‘Vivad Se Vishwas’. The total income tax amount demanded by the Income Tax Department from these cases is about Rs 1.32 lakh crore. According to sources, the Central Public Sector Units (CPSUs) have come forward to resolve revenue dispute cases worth Rs 1 lakh crore, which has improved the possibility of the Government of India’s tax revenue collection target for the year 2019. The amount received is the initial compulsory payment made by taxpayers who opted

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