22
Mar
CHANDIGARH, 22nd March 2026: Punjab Finance Minister Advocate Harpal Singh Cheema on Sunday said the One-Time Settlement (OTS) Scheme for VAT arrears has witnessed an overwhelming response, with 7,845 applications covering dues of around ₹298.39 crore and ₹111.16 crore already recovered. Positioning it as a decisive push to clean up legacy tax burdens while boosting revenue, he warned that the relief window closes on March 31, after which the government will shift to strict recovery mode, with nearly 8,000 properties already identified for action. Finance Minister Harpal Singh Cheema stated, “The scheme has already resulted in a total realisation of…
