India's Finance Minister has announced several relief measures relating to statutory and regulatory compliance matters that are being taken across sectors in view of the COVID-19 outbreak. With respect to Income Tax and GST/Indirect Tax, the measures include the following:
Income Tax
- The income tax return deadline for FY 18-19 is extended from 31 March 2020 to 30 June 2020;
- The Aadhaar-PAN linking deadline is extended from 31 March 2020 to 30 June 2020;
- The additional 10% of disputed tax …