One-time settlement of pre-GST charges is Punjab government’s Diwali gift to traders


The OTS will be effective from November 15

New Delhi:

In a big Diwali gift to the state’s traders, the Punjab Cabinet headed by Chief Minister Bhagwant Singh Mann today approved the Punjab One Time Settlement Scheme (OTS) for pre-GST arrears, which will benefit over 60,000 traders.

A spokesperson for the Chief Minister’s Office said that the scheme has been launched for recovery of outstanding dues for settlement of pre-GST arrears to enable reduction of compliance burden for older cases.

The OTS will be effective from November 15 and will be valid until March 15, 2024 and taxpayers whose assessments have been framed to March 31, 2023 with a total amount (tax, penalty and interest up to March 31, 2023) up to Rs. 1 crore, will be eligible to apply for settlement under this scheme.

The OTS will provide complete exemption in cases of arrears up to Rs 1 lakh as on March 31, 2023, which would cover nearly 39,787 cases and an additional waiver of 100 percent interest, 100 percent penalty and 50 percent of the tax amount is given in nearly 19,361 cases .

Mukh Mantri Tirath Yatra scheme

The Cabinet also approved the ‘Mukh Mantri’ Tirath Yatra scheme to enable the people of the state to visit pilgrimages across the country for free from the upcoming Parkash Purab of Sri Guru Nanak Dev ji on 27th November.

Double Ex-Gratia for disabled soldiers

The Cabinet approved doubling the ex-gratia grant to disabled soldiers, both from the military and paramilitary with disabilities from 76 per cent to 100 per cent to Rs 40 lakh; disabled soldiers with 51 percent to 75 percent disability at Rs 20 lakh, and disabled soldiers with 25 percent to 50 percent disability at Rs 10 lakh.

The East Punjab Awards Act, 1948, to be amended

The Cabinet also gave the green signal to amend ‘The East Punjab War Awards Act, 1948’ to enhance the financial assistance of 83 recipients from Rs 10,000 per annum to Rs 20,000 per annum.

The Government of Punjab provides War Jagir as financial assistance to those parents whose only child or two to three children had served in the Indian Army during World War II, National Emergency 1962 and 1971 under The East Punjab War Awards Act 1948.

Currently 83 beneficiaries are receiving benefits under this policy. Accordingly, Punjab has announced that financial assistance to the parents whose only child or two to three children had served in the Indian Army during World War II, National Emergency 1962 and 1971 under The East Punjab War Awards Act 1948 will be increased from Rs 10,000 per annum to Rs 20,000 per annum.

State cadres of Patwaris and Kanungos

The cabinet approved a plan to create a state cadre of Patwaris and Kanungos to streamline the operations of the revenue department.

Sub-Committee of Sangarsh Committee of Theka Employees

The Cabinet gave ex-post facto approval to form a sub-committee and then amendments regarding Theka employees Sanghrash Morcha Punjab, Land Acquisition Sangharsh Committee and others.

Annual administrative reports

The Cabinet approved the annual administrative reports of the Police Department and the Vigilance Bureau for 2020 and 2022 respectively. The reports of the Social Security and Women and Child Development and Labor Department for 2022-23 and 2019-20 respectively were also approved by the Cabinet.


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