Budget 2020: New IT legacy disputes amnesty scheme may net Rs 2 lakh cr
The ongoing pending amount stuck in tax disputes is an issue which has been flagged by the government. The corporate and individuals prefer to go to court in a tax dispute which then stretches on for a long period of time, thereby endangering tax collection targets.
This amnesty scheme could mirror the Sabka Vishwas scheme which was targeted at customs and excise dispute resolution amnesty scheme, Photo: Reuters