Giving relief to citizens unable to meet deadlines due to coronavirus outbreak, Finance Minister Nirmala Sitharaman on Tuesday, 24 March, said the last date for filing of income tax return for FY2018-19 has been extended to 30 June.
Also, interest rate on delayed payment has been cut to 9 percent from 12 percent, she told reporters.
The government has also extended the last date for linking PAN with unique biometric ID Aadhaar to 30 June from 31 March.
Giving details of the extension of dates to help citizen cope with the lockdown, she said the Vivad se Vishwas tax dispute resolution scheme has been extended by three months to 30 June. Those availing the scheme by the extended deadline will not have to pay 10 percent interest on the principal amount.
Also, due dates for issuing various notices under the Income Tax Act have also been extended.
The Union Ministry of Health and Family Welfare on Tuesday, 24 March reported that the total number of positive cases in India has risen to 519, with 470 active cases.
India's death toll rose to 10, as a 65-year-old COVID-19 patient admitted at Mumbai’s Kasturba Hospital passed away on Monday, 23 March. He had a travel history to UAE.
As many as 30 states and Union Territories have ordered complete lockdown in the wake of coronavirus outbreak.
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