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<h1>Haryana's New One Time Settlement Scheme Offers Major Tax Relief for Small Traders, Enhances Transparency Measures.</h1> The Haryana government will launch the One Time Settlement Scheme (OTS) next week to aid taxpayers, as announced by the Chief Minister. Small taxpayers with dues under Rs 1 lakh will have their tax, interest, and penalties fully waived. Those with dues between Rs 1 lakh and Rs 10 lakh will receive a 60% waiver, while dues between Rs 10 lakh and Rs 10 crore will receive a 50% waiver. This initiative is expected to benefit around 2 lakh traders. Additionally, changes in tax demand issuance and increased transparency measures, such as installing CCTV cameras in taxation offices, were proposed.