Nirmala Sitharaman to address media presser at 2 pm via video conference

[Kool_SRG]

Finance minister Nirmala Sitharaman said she would address the media at 2 pm today amid preparations of preparing an economic package that is likely to help the country through the coronavirus lockdown. She said in a tweet that the package would be announced soon on priority and that she would give the media presser through video conference. Her speech will be specifically be focused on statutory and regulatory compliance matters.

 

 

[MiryalgudaMaruthiRao]

super

[MiryalgudaMaruthiRao]

[DaatarBabu]

7 minutes ago, Kool_SRG said:

Finance minister Nirmala Sitharaman said she would address the media at 2 pm today amid preparations of preparing an economic package that is likely to help the country through the coronavirus lockdown. She said in a tweet that the package would be announced soon on priority and that she would give the media presser through video conference. Her speech will be specifically be focused on statutory and regulatory compliance matters.

 

 

Sinnari felli kuthuru ferformance ki wait cheyamantav 

[Kool_SRG]

5 minutes ago, DaatarBabu said:

Sinnari felli kuthuru ferformance ki wait cheyamantav 

Elaagu bore koduthuntaadhi ga WFH lo vinu em cheptadoh

[Kool_SRG]

 

[Kool_SRG]

FY 18-19 Income Tax return filing last date extended to  June 30 2020...

Aadhar Pan Link date extended to June 30 2020

 

@Hydrockers

 

[Kool_SRG]

Last date to file I-T returns extended to 30 June

The last date for income tax returns for the financial year 2018-19 is extended to June 30, announced Nirmala Sitharaman on Tuesday. She said that she will be making announcements on income tax, customs, the Insolvency and Bankruptcy Code (IBC)-related matters, bank-related compliances, fisheries, among other things. She added that for the delayed payments, interest rate has been reduced from 12 percent to 9 percent.

[Hydrockers]

Any packages ?

[DaatarBabu]

18 minutes ago, Kool_SRG said:

 

[Kool_SRG]

Income Tax related announcement

·        

• The last date for filing Income Tax returns for the financial year 2018-19 has been extended to June 30, 2020.

 

• For the delayed payments, interest rate has been reduced from 12 percent to 9 percent.

 

• Various other dates for income tax notices, filing have been extended to June 30, 2020. 

 

• Aadhaar-PAN linking date has been extended to June 30, 2020 from what was March 31, 2020.

 

• No 10 percent additional charge till June 30 on ‘Vivaad Se Vishwas’ scheme. 

 

[Kool_SRG]

GST-related announcement

• Last date for filing March, April and May 2020 returns is being extended to June 30, 2020. Different staggering dates will be applicable, but all will be end of June.

• No interest, no penalty and no late fee will be charged for companies with a turnover of less than Rs 5 crore.

• Only interest, but no late fee and no penalty for bigger companies.

[Kool_SRG]

Central customs and central excise

• Customs clearance will operate 24x7 till June 30, 2020.

• Payment date under the ‘Sabka Vishwas’ scheme, which was for settling disputes in the indirect tax regime, has been extended till June 30, 2020.

 

 

[Kool_SRG]

No interest, penalty for firms with less than Rs 5 cr turnover

The finance minister announced on Tuesday that there is no interest, no penalty and no late fee will be charged for companies with a turnover of less than Rs 5 crore. The minister said that the interest rate for such companies is reduced to 9 percent.

She added that only interest will be applicable, but no late fee and no penalty for bigger companies.

[jalsa01]

Anni biscuits  a... soodi okka exemption kuda ledu.  Atleast tax cut kuda.. or mortgage freeze kuda..