Haryana CM Nayab Singh Saini: Haryana CM launches one-time settlement scheme-2025 to provide relief to traders | Chandigarh News
KURUKSHETRA: In a move aimed at easing financial stress on traders and boosting revenue, Haryana chief minister (CM) Nayab Singh Saini launched the One Time Settlement Scheme-2025 in Kurukshetra on Sunday. The scheme is designed to provide relief to thousands of small shopkeepers, traders, and entrepreneurs with pending tax dues.
Speaking at the launch event, CM Saini said the scheme will allow taxpayers to clear their old dues and make a fresh start. “A simple and transparent tax system promotes economic growth. The One Time Settlement Scheme-2025 is a step towards that goal by freeing taxpayers from old financial burdens,” said Saini.
Under the scheme, taxpayers with outstanding dues up to Rs 10 lakh will receive a rebate of up to Rs 1 lakh. The scheme will remain open for six months. To make the process more accessible, the government has introduced three payment slabs based on cumulative outstanding tax amounts. For dues up to Rs 10 lakh, taxpayers will pay 40% of the balance after deducting the Rs 1 lakh rebate. For dues between Rs 10 lakh and Rs 10 crore, 50% of the outstanding amount must be paid. Taxpayers with dues over Rs 10 crore will have to pay 100% of the assessed amount. Additionally, those with dues above Rs 10 lakh can pay in two instalments.
The CM highlighted that previous hurdles from the 2023 version of the scheme have now been addressed, including the removal of tax classifications and a complete waiver of penalties and interest. “This will reduce litigation, boost recovery, and improve revenue collection,” he added.
Saini also announced several initiatives to ease compliance, including consolidated GST audits, installation of CCTV cameras in tax offices for transparency, and recommendations for GST rule reforms, such as automation of refunds and raising billing thresholds.
Reiterating the government’s commitment to trader welfare, Saini shared updates on other support measures, including increased commissions for commission agents, incentives for rice millers, and the launch of trader welfare schemes under the MSME department.
Senior government officials, local MLAs, and industry representatives were present at the event.
