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<h1>New Direct Tax Vivad Se Vishwas Scheme 2024: Simplifies Tax Dispute Resolution, Details Payment and Immunity Conditions</h1> The Direct Tax Vivad Se Vishwas Scheme, 2024, outlined in Clauses 88 to 99 of the Finance (No. 2) Bill, 2024, establishes a framework for resolving direct tax disputes. It defines key terms like 'appellant,' 'declarant,' and 'disputed tax' and details the payment obligations of declarants. The Scheme specifies the declaration process, payment timelines, and conditions for immunity from penalties. It prohibits refunds and limits benefits in other proceedings. The Central Board of Direct Taxes and the Central Government have authority to issue directions, address implementation challenges, and create rules. The Scheme's commencement date will be announced by the Central Government.