Aadhaar – PAN Card extension to be extended till June 30: Nirmala Sitharaman

New Delhi: Lockdown has been announced to prevent coronavirus virus. Union Finance Minister Nirmala Sitharaman made the announcement today via video conference.

The deadline for IT returns for 2018-19 is 31st March to 20th June 2020. The interest rate has been reduced from 12 percent to 9 percent for delays in payment.

TDS has no extension. Investment Delays 18 percent instead of 18. Down to 9. The deadline for linking Aadhaar and PAN card to March 31 was extended till June 30, 2020. The deadline for submission of GST returns for March, April and May are June 30. Varies with date depending on the respective area. Last week in June.

Customs clearance is now considered an essential service without hampering exporters and importers and will operate 24 hours a day until June 30.
60 days exemption to the mandatory board meeting.
The newly established companies had the rule of announcing a business start-up within 6 months. We are still giving them 6 months extra time.