Numerous announcements from India’s Finance Minister Nirmala Sitharaman

Finance minister Nirmala-Sitharaman said – No charge for withdrawing money from any ATM for 3 months – Minimum balance in account is not required

The Economy Against Corona Virus is getting economic package boosters. Finance Minister Nirmala Sitharaman has indicated this. After the video conference with the officials, he told the media that work was under way on the preparation of the economic package and that it would be announced soon.

The Economy Against Corona Virus is getting economic package boosters. Finance Minister Nirmala Sitharaman has indicated this. After the video conference with the officials, he told the media that work was under way on the preparation of the economic package and that it would be announced soon.

  • Interest payable on paying TDS modes has been reduced from 12% to 9%
  • The deadline for filing income tax for the financial year 2018-19 has been extended till June 30.
  • The dispute has also extended the term of the trust scheme till June 30. Support and page linking dates have also been extended.
  • Companies with a turnover of less than Rs 5 crore will have no interest, penalty and late fee on filing a Late GST. Filing dates were extended to June 30 in March-April-May.
  • Relief for exporters and importers, custom clearance is now included in the services required by June 30. Should work 24 hours.
  • This year, the directors of companies have been relieved of the necessity of staying in the country for 182 days.
    The bankruptcy process will be initiated against companies with a turnover of less than one crore.

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