{"id":91587,"date":"2020-02-12T12:29:10","date_gmt":"2020-02-12T12:29:10","guid":{"rendered":"https:\/\/www.edristi.in\/?p=91587"},"modified":"2020-02-12T12:29:11","modified_gmt":"2020-02-12T12:29:11","slug":"vivad-se-vishwas-scheme","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/vivad-se-vishwas-scheme\/","title":{"rendered":"Vivad se Vishwas Scheme"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: Consider the following statements:<br> (1) The Vivad se Vishwas scheme was announced by Union Finance Minister Nirmala Sitharaman during her budget speech on February 1, 2020. <br> (2)Under this scheme \u2018taxpayers whose tax demands are locked in dispute in multiple forums, can pay due to taxes by March 31, 2020, and get a complete waiver of interest and penalty. <\/strong><br> (a) Only (1) <br> (b) Only (2) <br> (c) Both (1) and (2)<br> (d) None of the above<br> <strong>Answer: (c)<br> Related facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The Vivad se Vishwas scheme was announced by Union Finance Minister Nirmala Sitharaman during her budget speech on February 1, 2020. <\/li><li>Under this scheme, taxpayers whose tax demands are locked in dispute in multiple forums, can pay due to taxes by March 31, 2020, and get a complete waiver of interest and penalty. <\/li><li>If a taxpayer is not able to pay within the deadline, he gets a further time till June 30, but in that case, he would have to pay 10% more on the tax. <\/li><li>The Vivad se Vishwas scheme is similar to the \u2018Indirect Tax, Sabka Vishwas\u2019 scheme, which was introduced by Finance Minister during her maiden budget presentation in July 2019. <\/li><li>The \u201cSabka Vishwas\u201d legacy dispute resolution scheme was aimed at reducing disputes related to excise and service tax payments.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Links:<\/strong><br><a href=\"https:\/\/www.taxscan.in\/vivad-se-vishwas-scheme-you-need-know\/47561\/\">https:\/\/www.taxscan.in\/vivad-se-vishwas-scheme-you-need-know\/47561\/<\/a><br><a href=\"https:\/\/www.financialexpress.com\/economy\/vivad-se-vishwas-relief-for-taxpayers-no-interest-or-penalty-till-march-end-read-details\/1857946\/\">https:\/\/www.financialexpress.com\/economy\/vivad-se-vishwas-relief-for-taxpayers-no-interest-or-penalty-till-march-end-read-details\/1857946\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Consider the following statements: (1) The Vivad se Vishwas scheme was announced by Union Finance Minister Nirmala Sitharaman during her budget speech on February 1, 2020. (2)Under this scheme \u2018taxpayers whose tax demands are locked in dispute in multiple forums, can pay due to taxes by March 31, 2020, and get a complete waiver [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":91588,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-91587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/91587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=91587"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/91587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/91588"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=91587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=91587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=91587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}