Anurag Thakur, State Financial Minister, informed the Parliament that till 22 February total of Rs 53,346 had been received. He also informed that 1.28 declarations have been filed under the scheme which are worth Rs 98,328 crore.
The Vivad se Vishwas scheme was launched last year in March 2020 for settling direct tax disputes. Its time was extended till March 31 and April 30 for filing declarations.
Further informing the parliament, Thakur informed that due to the COVID-19 net direct tax collections reduced to Rs 9,05,000 crore in 2020-21 from Rs 10,50,711 in 2019-20.
"As against the Revised Budget Estimates of Direct Tax Target of Rs 9,05,000 crore, net collection of direct taxes amounting to Rs 7,32,388.72 crore has been achieved during the period from April 1, 2020, to February 28, 2021," Thakur added.