Punjab Government's OTS-3 Benefits 70,311 Dealers
Punjab Government's OTS-3 Benefits 70,311 Dealers
Punjab Government's OTS-3 Benefits 70,311 Dealers
News summary

Banga MLA Dr. Sukhwinder Kumar Sukhi's recent defection from the Shiromani Akali Dal (SAD) to the Aam Aadmi Party (AAP) has prompted a legal notice demanding his resignation, citing violation of defection laws. Advocate H C Arora issued this notice, stating legal action will follow if Sukhi does not comply within two weeks. In a related development, Punjab Finance Minister Harpal Singh Cheema announced that the One Time Settlement Scheme-3 (OTS-3) has benefitted 70,311 dealers, generating ₹164.35 crore for the state treasury. This scheme, aimed at resolving legacy tax issues, offers significant waivers to dealers, in stark contrast to previous settlement schemes. Cheema highlighted that the OTS-3 has provided substantial financial relief compared to earlier initiatives, reflecting the government's proactive approach to tax collection. The scheme’s success underscores ongoing efforts by the Punjab government to streamline tax liabilities and improve compliance among traders.

Story Coverage
Bias Distribution
100% Right
Information Sources
045e1b4c-3084-4df3-accf-c023e46a780b
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
29 days ago
Bias Distribution
100% Right
Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News