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    <title>THE TAXATION AND OTHER LAWS (RELAXATION AND AMENDMENT OF CERTAIN PROVISIONS) BILL, 2020 - AS INTRODUCED IN LOK SABHA</title>
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    <description>Extends time limits for proceedings, filings and specified compliance falling in defined pandemic periods while excluding certain payments; provides reduced interest and waiver of penalty/prosecution for delayed tax payments made within notified windows. Establishes comprehensive faceless, technology-driven schemes for assessment, information collection, inquiries, valuation, approvals, recovery and appeals with automated allocation and e proceedings; inserts new registration/approval procedures for trusts and charitable entities, prescribes application, verification and renewal regimes, and introduces limited-period reduction of certain TDS/TCS rates to three fourths.</description>
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