Prime Minister Shri Narendra Modi, in his address to the Nation on April 14, 2020, declared that the lockdown in India will have to be extended till May 3, 2020, with a view to arrest the spread of COVID-19 in the country. Prime Minister also declared that select necessary activities will be allowed to be opened up from April 20, 2020, in identified areas of the country.
As per para 18 (ii), all Ministries/Departments under Government of India to function with effect from 20th April, 2020. Offices of the Government of India, its Autonomous/ Subordinate offices will remain open, as mentioned below: (i) Defence, Central Armed Police Forces, Health and Family Welfare, Disaster management and Early Warning Agencies (IMD, INCOIS, SASE and National Centre of Seismology, CWC), National Infomatics Centre (NIC), Food Corporation of India (FCI), NCC, Nehru Yuva Kendras (NYKs) and Customs to function without any restriction.
Introduction of common/modified forms to be used in National Savings Schemes for CBS and non CBS Post Offices -Regarding. Ministry of Finance (Department of Economic Affairs) had notified separate forms for each Small Savings Scheme through revised Schemes Rules 2019
The ESI Contribution for the Month of February, 2020, can be filed and paid upto 15th May, 2020 instead of earlier extended period of 15th April, 2020.
The Public Provident Fund (PPF) account/ Sukanya Sarnriddhi Account (SSA) holders will be eligible to make a single deposit each in account(s) opened in his own name and/or account(s) opened in the name of minor(s), as the case may be for FY 2019-2o till 30.06.2020 subject to the condition of maximum deposit ceilings prescribed in the PH/ SSA scheme provisions.
Clarification on orders dated 31.03.2020 and 03.04.2020 issued under section 119 of the Income-tax Act, 1961 (the Act) by CBDT vide F. No. 275/25/2020-IT(B) regarding issuance of certificate for lower rate/nil deduction/collection of TDS, TCS U/s. 195, 197 and 206C(9) of the Income-tax Act. 1961
Clarification Regarding List of Permitted Activities during Lockdown in the Private Sector. The category of various permitted activities during Lockdown was stated in the Order dated 26th March, 2020. More such activities were included vide Order dated 4th April, 2020.
Presence of Customs Broker/Importer will also not be insisted by the officer and the delivery of goods will be given to the driver who produces the Gate pass issued by the CFS containing the number and date of the bill of entry or the Bill of Entry, to the Gate Officer.
To mitigate the hardships of small taxpayers, it has been decided that if a person had submitted valid Forms 15G and 15H to the Banks or other institutions for F.Y. 2019-20, then these Forms would be valid up to 30.06.2020. This will safeguard the small tax payers against TDS where there is no tax liability […]
In case of pending applications for lower/nil rate of TDS/TCS for F.Y. 2019-20, the Assessing Officers have been directed to dispose off the applications through a liberal procedure by 27.04.2020, so that the taxpayers may not have to pay extra tax which may cause liquidity issues to them. F. No. 275/25/2020-IT(B) Government of India Ministry […]
