(Prepared as per media reports)
The scheme intends to help traders with settling their pending tax dues. The pending commercial dues in Tamilnadu is a whooping ₹ 25,000 Crores.
With a twin motive of easing the pressure on officials cum judicial machinery and collection of pending dues, Govt has introduced the Samadhan scheme which is effective from 16th October 2023 to 15th February 2024.
| Range of Pending tax dues | Liability to be paid. |
| <Rs.50,000 (Including taxes, interest, and penalty) | Complete waiver |
| Rs.50,000 – Rs.10,00,000 (Including taxes, interest, and penalty) | (i) Flat 20% of dues to be paid in 1 installment (ii) For those who have accepted the tax assessment: 66% of dues + 10% interest + 10% Penalty (iii) For those who have filed an appeal 33% of dues + 10% interest + 10% Penalty (iv) For those with no tax dues – only interest and penalty 10% interest + 10% penalty |
| Rs.10,00,000 – Rs.1 Cr (Including taxes, interest, and penalty) | (i) Accepted the tax assessment: 66% of dues + 10% interest + 10% Penalty (ii) Filed an appeal 33% of dues + 10% interest + 10% Penalty (iii) No tax dues – only interest and penalty 10% interest + 10% penalty |
| Rs.1 Cr – Rs.10 Cr | (i) Accepted the tax assessment: 75% of dues + 20% interest + 15% Penalty (ii) Filed an appeal 50% of dues + 20% interest + 15% Penalty (iii) No tax dues – only interest and penalty 20% interest + 15% penalty |
| >Rs.10 Cr | (i) Accepted the tax assessment: 90% of dues + 30% interest + 15% Penalty (ii) Filed an appeal 60% of dues + 30% interest + 15% Penalty (iii) No tax dues – only interest and penalty 30% interest + 15% penalty |