
Direct Tax Vivad se Vishwas Scheme (2024): Clearing India’s Income Tax Litigation Backlog
The Direct Tax Vivad Se Vishwas Scheme, 2024 was introduced by the Finance Minister, Nirmala Sitharaman in the Union Budget 2024-25 held on 23 July 2024. The Scheme was later put into law through Chapter IV which contains Sections 88 to 99 of the Finance (No. 2) Act, 2024. The rules and forms for this scheme were issued by the Central Board of Direct Taxes on 20 September 2024, and it came into force on 1 October 2024. As per Circular No. 19 of 2024 of CBDT, the objective of this Scheme is to bring down the pendency of cases relating to income tax, faster realization of revenue for the government and providing relief to taxpayers from protracted legal process (Central Board of Direct Taxes, 2024).






