Vivad se Vishwas scheme is related to hellip ........

Finance (RBI) Public Finance The union budget

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Vivad se Vishwas scheme is related to…

Indirect Tax

Direct Tax

Both Direct and Indirect

Neither Direct nor Indirect

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Explanation:

The ‘Vivad se Vishwas’ Scheme was announced in the Union Budget, 2020, to provide for dispute resolution in respect of pending income tax litigation. This scheme is related to direct tax. The motive of Vivad se Vishwas scheme is to reduce pending income tax litigation.