Government extends tax deadlines to June 30 due to Coronavirus lockdown

Finance Minister Nirmala Sitharaman at parliament during ongoing Budget Session, in New Delhi. (Picture/PTI)

New Delhi: Giving relief to citizens unable to meet deadlines due to coronavirus outbreak, Finance Minister Nirmala Sitharaman on Tuesday said the last date for filing of the income tax returns for FY2018-19 has been extended to June 30.

Also, the interest rate on delayed payment has been cut to 9 per cent from 12 per cent, she told reporters here. The government has also extended the last date for linking PAN with unique biometric ID Aadhaar to June 30 from March 31.

Giving details of the extension of dates to help citizens cope with the lockdown, she said the Vivad se Vishwas tax dispute resolution scheme has been extended by three months to June 30. Those availing the scheme by the extended deadline will not have to pay 10 per cent interest on the principal amount.

Also, due dates for issuing various notices under the Income Tax Act have also been extended.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates