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of <h1>Finance Bill 2016: Clause 207 Empowers Govt to Address Direct Tax Dispute Resolution Scheme Challenges, Orders Valid for 2 Years</h1> Clause 207 of the Finance Bill, 2016, under the Direct Tax Dispute Resolution Scheme, 2016, empowers the Central Government to remove difficulties in implementing the Scheme through orders consistent with its provisions. However, such orders cannot be made after two years from the Scheme's commencement. Orders must be presented to Parliament promptly. The Scheme, effective from June 1, 2016, includes definitions and provisions related to declarations, payment, immunity from proceedings, non-refund, and the non-applicability of benefits in other cases. It also outlines the government's power to issue directions and address implementation challenges.
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