Archive · 31 Jul 2026
Punjab OTS-2025 Scheme Receives Over ₹167 Cr Deposits
The Punjab government has a program called OTS‑2025 that lets people pay their old taxes and get a big discount on interest and penalties.
So far, people have paid ₹167.23 crore and the government has given ₹534.54 crore in relief.
The deadline for this offer has been pushed to September 30, 2026, so everyone has more time to finish paying.
The government is also taking action against people who keep avoiding taxes, recovering ₹12.39 crore so far.
The program is part of a bigger plan with the Supreme Court to settle tax disputes quickly.
Punjab's OTS‑2025 scheme has attracted ₹167.23 crore in taxpayer deposits.
The state has granted ₹534.54 crore in tax, interest, and penalty relief under the scheme.
The deadline for the final extension has been moved to September 30, 2026.
Over ₹12.39 crore has been recovered through enforcement actions against VAT defaulters.
The scheme is linked to the Supreme Court’s SAMADHAN initiative, resolving 12 disputes.
- Who
- Advocate Harpal Singh Cheema, Punjab Finance Minister
- What
- Extension and relief under the Punjab One-Time Settlement (OTS-2025) scheme
- When
- As of July 30, 2026; deadline extended to September 30, 2026
- Where
- Punjab, India
- Why
- To allow taxpayers to settle long‑pending disputes and provide tax, interest, and penalty relief while protecting state revenue
- Scheme
- Punjab One-Time Settlement (OTS-2025)
- Deposited amount
- ₹167.23 crore
- Relief granted
- ₹534.54 crore
- Extension deadline
- September 30, 2026
- Recovery from enforcement
- ₹12.39 crore