TAXATION BULLETIN

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Income tax reliefs given by the Government due to Covid-19

The impact of the Covid-19 has been very troublesome. The entire economy has been effected by it financially as well as emotionally. Government has been taking many steps to help every one in whichever way it can to keep the economy and people’s failing morale. Following is the list of the measures taken by the Govt. with respect to the Income Tax Act, 1961.

1.Extension of the due dates

Considering the lockdown prevailing in the entire country leading to temporary shutting down of the activities, Finance Minister Smt. Nirmala Sitharaman, announced various […]

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