Publications

ELP -Taxation Update – The Direct Tax Vivad Se Vishwas Bill 2020

Tax | Feb 12 2020

The Finance Minister in her Budget speech announced the introduction of a Direct Tax “Vivad se Vishwas Scheme” similar to the one introduced for Indirect Taxes. Pursuant to this announcement, “The Direct Tax Vivad Se Vishwas Bill, 2020” was tabled on February 5, 2020 before the Lok Sabha to govern the implementation of the scheme. We have summarized the key proposals of the Bill in the attached alert.

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