New Delhi: The Union Finance Ministry on Tuesday extended the deadline for filing income tax returns for the financial year 2018-19 till June 30, 2020 in a bid to provide relief amid the coronavirus crisis.
Addressing the media through video conferencing, Finance Minister Nirmala Sitharaman also said that the government has reduced the interest rate on delayed TDS deposit to 9 per cent from the previous 18 per cent.
The government has also extended the deadline for linking of Aadhaar and PAN till June 30 from the original deadline of March 31.
Sitharaman further said that an economic package will be announced soon.
The relief comes amidst the whole of the country coming to a standstill amid the rising number of coronavirus cases and lockdown across states.
As on Tuesday, more than 500 Indian have been diagnosed with Covid-19 even as more 32 states covering over 578 districts in total or partial lockdown.
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India Covid-19 positive cases eye 500 mark, toll in double digit
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