Key Points announced by Finance Minister Nirmala Sitharaman

Published On: Tuesday, March 24, 2020 | By: Team KnowMyStock

Finance minister Nirmala Sitharaman announced key points in view of the coronavirus pandemic spreading its wings and impacting the economy. Last date for filing March, April and May 2020 GST returns extended to June 30, 2020. For delayed payments made till June 30, the interest rate has been reduced to 9% from 12%. For a delayed deposit of TDS, interest has been reduced to 9 % from 18% The deadline for many Acts and schemes, including Sabka Vishwas Scheme, has also been pushed to 30 June 2020. Aadhaar-PAN linking deadline extended to Jun 30. *Charges on cash withdrawal from other bank ATMs and penalties for non-maintenance of minimum balance in bank savings accounts have been waived for 3 months. The bank charges for digital trade transactions have also been reduced.

Tags: FM

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