The Vivad se Vishwas scheme is a voluntary settlement scheme in India that aims to resolve long-standing disputes. The scheme is available for both contractual and income tax disputes.
- Ministry
- Ministry of Finance
Vivad se Vishwas II scheme
- This scheme is for resolving contractual disputes between the government and other parties.
- Launch
- The scheme was announced in the Union Budget 2023-24.
- Aims
- The scheme aims to make it easier to do business with the government and encourage new investments.
Direct Tax Vivad se Vishwas (DTVSV) scheme
- This scheme is for resolving pending income tax disputes.
- Launch
- The scheme was announced in the Union Budget 2024-25.
- The scheme came into effect on October 1, 2024.
- Aims
- The scheme aims to reduce pending income tax litigation and provide financial benefits to taxpayers.
