Income Tax Deadline: Extends deadlines for many taxpayers, including TDS, Form 16

Income Tax Deduction: The government has given big concessions to families struggling with corona. Now if the company (employer) or any acquaintance took money for corona treatment, the government would not tax it. Also, if a person dies from corona and then the money given by the employer is tax-free. Any help received from any person other than the company is tax free up to Rs 10 lakh. For this fiscal 2019-20 fiscal year.

Interest on Sukanya Rich, NSC and PPF can be cut, new rates applicable from July 1

Matters relating to tax relief

The Aadhaar card and PAN card linking deadline has now been extended to September 30. Before that it was June 30th.

The deadline for the ‘Vivad Se World’ project has been extended from June 30 to August 31.

Taxpayers will now be able to pay by October 31 with additional fees.

The new deadline for submitting TDS details for the last quarter of 2020-21 (January-March) has been moved to July 15, the first time it was June 30.

Form 16 can now be issued until July 31st. This is a huge discount for employers. The last date before this was July 15th.

Big discounts for first time home buyers. Now the tax relief on residential housing has been extended for another three months.

Since July 1, many important rules have been changed for SBI customers, who have to pay more for these facilities

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