3M India settles multiple tax disputes under Vivad Se Vishwas scheme

3M India Limited announced on August 26, 2025, the final settlement of tax arrears for the financial years (FY) 2012-13 and 2011-12 under the "Direct Tax Vivad Se Vishwas Scheme, 2024." This follows the company's previous intimation on April 26, 2025, regarding its participation in the scheme to resolve open tax litigations from FY 2004-05 to FY 2013-14.

For FY 2012-13, 3M India received the final order in Form 4, with an aggregate tax of INR 6.96 Crores already paid. Similarly, for FY 2011-12, the company settled two separate tax disputes, filing two applications. Both applications were accepted, and certificates in Form 2 were issued, leading to an aggregate tax payment of INR 1.94 Crores.

The company stated that these settlements have no material impact on its operations or activities.