'Vivad se Vishwas' scheme offers fair deal to settle past direct tax disputes: CBDT chief

If a taxpayer is not able to pay within the March 31 deadline, he gets a further time till June 30, but in that case he would have to pay 10% more on the tax. In case it is just the interest and the penalty which is in dispute, the taxpayer will have to pay 25% of the disputed amount till March 31, and subsequently it will be 30%.

from Personal Finance News-Wealth-Economic Times https://ift.tt/37Y47o8