The Economic Times

Punjab recovers Rs 111 crore under VAT arrears one-time settlement scheme: FM Harpal Singh Cheema

Punjab has recovered over Rs 111 crore from its one-time settlement scheme for Value Added Tax arrears. The initiative aims to clear legacy tax liabilities and boost state revenues. The window for this relief closes on March 31. After this date, the government will implement strict recovery measures. Over 7,800 applications have been filed, showing strong participation across key divisions.