https://www.taxtmi.com/news?id=22683 Announcements implement broad compliance deadline extensions and temporary procedural relaxations across tax, indirect tax, customs, corporate, insolvency, fisheries, banking and commerce regimes in response to COVID 19. Direct tax measures extend filing and statutory cut off dates, suspend penalties for delays within the relief period and prescribe a reduced interest rate for delayed tax payments while GST relief extends periodic and annual return timelines, eases composition scheme deadlines, suspends late fees if complied within the extended window, and reduces interest on delayed GST payments; corresponding extensions and operational clarifications will be issued by competent authorities. en-us Tue, 24 Mar 2020 18:24:49 +0530 Thu, 02 Apr 2020 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22683 Announcements implement broad compliance deadline extensions and temporary procedural relaxations across tax, indirect tax, customs, corporate, insolvency, fisheries, banking and commerce regimes in response to COVID 19. Direct tax measures extend filing and statutory cut off dates, suspend penalties for delays within the relief period and prescribe a reduced interest rate for delayed tax payments while GST relief extends periodic and annual return timelines, eases composition scheme deadlines, suspends late fees if complied within the extended window, and reduces interest on delayed GST payments; corresponding extensions and operational clarifications will be issued by competent authorities. News - Tue, 24 Mar 2020 18:24:49 +0530 https://www.taxtmi.com/news?id=22683