Tamil Nadu Samadhan Scheme is a tax saving scheme. People who have a lot of pending tax will benefit through the development of this prestigious scheme created by the Tamil Nadu State. Under this scheme, there are slots created by the Government if your tax is under 50,000 Rupees then your tax will not be considered by the Government. You will not be liable to pay any type of interest or payment for your tax dues. People are eligible to apply for the scheme if they are suffering from any type of tax dues. Properties will also be given back under the scheme as said by the Government of the Tamil Nadu State which will be a huge plus for the people.
Annoucement of Tamil Nadu Samadhan Scheme
The Tamil Nadu government has launched the Samadhan Scheme on Tuesday. The scheme will wipe off the settlement of the pending tax dues of about 25000 crores. Interest and penalties of the previous tax regime were pending in the Tamil Nadu State due to the launch of GST in 2017. The scheme will be classifying the tax dues into five broad categories that is Rs. 50000 and below, above 50000 to 10 lakh, above 10 lakh to 1 crore, above 1 crore to 10 crore, and above 10 crore. Under the scheme, tax dues that are below 50,000 rupees will be completely wiped off. As per the data available, there are 2,11,607 tax disputes involving 1,42,569 traders. The total tax outstanding amount is ₹24,895 crore.
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Key Highlights of the Samadhan Scheme
| Name | Tamil Nadu Samadhan Scheme |
| Launched by | Government of Tamil Nadu state |
| Objective | Complete waiver for dues of less than ₹50,000 |
| Beneficiaries | People who have tax dues |
| Official Website | – |
The objective of Tamil Nadu Samadhan Scheme 2024
The main benefit of the Tamil Nadu Samadhan Scheme will be available to the people who are not able to continue their livelihood because they have a lot of pending interest to be paid to the Government of India. Tax is a very big problem for the small businessman. In 2017, when GST was launched by the Indian government a lot of pending payments were to be made by the businessman which are now due. People who have tax pending of around 50000 will not have to pay any type of interest and even the tax as per the newly launched scheme by the concerned authorities. This will provide a lot of business opportunities to the people who were otherwise paying their taxes now.
Required Documents
- Aadhar card
- Voter ID card
- Passport size photographs
- Tax details
- Income Certificate
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Benefits of Samadhan Scheme Tamil Nadu
- This is the first-ever waiver scheme offered by any Tamil Nadu government to small traders.
- This complete waiver option for below ₹50,000 dues will benefit more than 95,000 small traders.
- The properties of the small businessman will also be given back to them due to the opportunity provided by the Tamil Nadu Government.
- For the tax dues that fall in the category of ₹50,000-₹10 lakh, traders can just pay 20 percent of the dues or pay a portion of the tax, interest, and fine to settle the disputes once and for all.
- In the other three categories, traders could pay the mentioned portion of the tax, interest, and fine and move out.
- For people who come forward to settle the dues under the scheme, the accrued interest on tax arrears till the amount is paid will be totally waived.
- The new Tamil Nadu Samadhan Scheme will commence on October 16, 2023, and will be in force till February 14, 2024.
Samadhan Scheme Online Registration
- You will first have to visit the official website of this scheme by clicking on the link given here
- The home page of the scheme will open on your screen
- You have to click on the registration option present there
- The registration form will open on your screen
- You have to fill out the registration form with important information
- Upload all of the documents.
- You can now register yourself for the scheme.
TN Samadhan Scheme Login Process
- You will first have to visit the official website of this scheme by clicking on the link given here
- The home page of the scheme will open on your screen
- You have to click on the Login option present there
- Enter your username and password.
- Click on the login option to log in.
FAQs
The small businessman will be directly allotted the scheme as per the payments and the interest that they have to pay.
A lot of payments that are pending for the small businessman will be called off by the Tamil Nadu Government using the scheme.
The small businessman who has a lot of pending payments up to Rupees 50000 will be eligible to get their payment deducted.
The scheme is not yet fully launched by the Tamil Nadu Government so the last date to apply for this scheme is not yet available.