Mumbai: Deputy Chief Minister Ajit Pawar introduced the Maharashtra Tax, Interest, Penalty, or Late Fee (Settlement of Arrears Payable by Public Sector Undertakings) Bill, 2025 in the Legislative Assembly on Thursday.
This bill proposes a special amnesty scheme to help public sector enterprises clear their outstanding dues efficiently, ensuring that pending revenues are deposited in the state treasury and used for development projects.
The scheme will benefit public sector enterprises under both the Central and state governments. It covers various state taxes that were in effect before the Goods and Services Tax (GST) was introduced. Currently, public sector enterprises owe around Rs25,000 crore in outstanding dues.
To speed up recovery, the government will offer special concessions under this scheme. The settlement window will remain open from the bill’s enactment until December 31, 2025.
