Correct Answer : January 31, 2025
* The Vivad Se Vishwas Scheme, aimed at settling income tax disputes, has been extended by one month, setting the new deadline to January 31, 2025.
* This extension allows taxpayers additional time to avail of reduced settlement amounts, especially for those declared by the deadline.
* The scheme's tiered benefit structure incentivizes earlier declarations and encourages dispute resolution, making it a significant step in reducing litigation in India's tax framework.