Haryana traders get fresh chance to clear tax dues as govt launches one-time settlement scheme

The Haryana Government has launched the One-Time Settlement Scheme (OTS)-2026 to provide relief to traders and settle long-pending tax dues. The scheme will be effective for 120 days, from June 1 to September 28. Deputy Commissioner Sachin Gupta stated that the previous scheme in 2025 saw an overwhelming response, with approximately 1,15,223 traders availing its benefits. The new scheme covers pending tax dues under seven different tax Acts. Taxpayers with outstanding tax dues of up to Rs 1 lakh for any financial year will not need to submit an application, as their tax, interest, and penalty amounts will be waived automatically. Special relief has been provided for pending cases under the Haryana General Sales Tax Act, 1973, with a tax concession of up to 70 per cent for dues exceeding Rs 1 lakh. The scheme offers up to 100 per cent waiver of interest and penalties, while relief on the principal tax amount will be granted according to prescribed categories. Payment of the settlement amount can be made in instalments. The government aims to resolve old pending tax disputes, reduce litigation before courts, and make tax administration more efficient and taxpayer-friendly. Once a case is settled under the scheme, no further recovery proceedings or other action will be initiated against the concerned taxpayer in respect of the settled dues.

(Source：The Tribune India)