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of <h1>COVID-19 Ordinance Extends Tax Deadlines, Reduces Interest Rates, and Waives Penalties for Delays Until June 2020</h1> The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, allows for the extension of deadlines under specified Acts due to the COVID-19 pandemic. Deadlines for actions such as proceedings, orders, filings, and investments initially set between March 20, 2020, and June 29, 2020, are extended to June 30, 2020, or a later date as notified by the Central Government. The ordinance also reduces interest rates for delayed tax payments made by June 30, 2020, and waives penalties and prosecutions for such delays. The Central Government may specify different dates for various actions.
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