{"id":761,"date":"2020-05-17T10:20:15","date_gmt":"2020-05-17T10:20:15","guid":{"rendered":"https:\/\/etaxcorporate.com\/Blog\/?p=761"},"modified":"2020-05-17T10:20:15","modified_gmt":"2020-05-17T10:20:15","slug":"key-points-of-fms-speech-on-press-conference-on-covid-19-package-for-taxpayers","status":"publish","type":"post","link":"https:\/\/etaxcorporate.com\/Blog\/key-points-of-fms-speech-on-press-conference-on-covid-19-package-for-taxpayers\/","title":{"rendered":"Key Points of FM&#8217;s speech on press conference on COVID-19 package for taxpayers."},"content":{"rendered":"<h5>Key Points of FM\u2019s speech on press conference on COVID-19 package for taxpayers.<\/h5>\n<ol>\n<li style=\"text-align: justify;\">TDS \/ TCS rates reduced by\u00a0<u>25% on non salaried payments<\/u>\u00a0effective tomorrow\u00a0<u>upto 31 March 2021<\/u>. Will apply to all payments \u2013 50k Cr additional liquidity.<\/li>\n<li style=\"text-align: justify;\">All pending refunds to charitable trusts and non-corporate business & professional taxpayers (but including LLP) will be issued<u><\/u><\/li>\n<li style=\"text-align: justify;\">Due date for all income tax returns to be\u00a0<u>30 November 2020<\/u>\u00a0and tax audit due date to be\u00a0<u>31 October 2020.<\/u><\/li>\n<li style=\"text-align: justify;\">Assessments getting barred on 30 September 2020 will get barred on 31 December 2020. Cases getting barred on 31 March 2021 will get barred on 30 September 2021<\/li>\n<li style=\"text-align: justify;\">Vivaad se Vishwaas scheme extended\u00a0<u>upto 31 December 2020.<\/u><\/li>\n<li style=\"text-align: justify;\">Income Tax Assessments getting barred on 30<sup>th<\/sup>\u00a0September\u20192020 extended to 31<sup>st<\/sup>\u00a0December\u20192020 and those getting barred on 31<sup>st<\/sup>\u00a0March\u20192021 will be extended to 30<sup>th<\/sup>\u00a0September\u20192021.<\/li>\n<\/ol>\n<p><em>Source : pib release<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Points of FM\u2019s speech on press conference on COVID-19 package for taxpayers. TDS \/ TCS rates reduced by\u00a025% on<span class=\"read-more\">[&hellip;]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47,51,38],"tags":[],"class_list":["post-761","post","type-post","status-publish","format-standard","hentry","category-blog","category-covid-19-relief","category-income-tax"],"_links":{"self":[{"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/posts\/761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/comments?post=761"}],"version-history":[{"count":2,"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/posts\/761\/revisions"}],"predecessor-version":[{"id":763,"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/posts\/761\/revisions\/763"}],"wp:attachment":[{"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/media?parent=761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/categories?post=761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/etaxcorporate.com\/Blog\/wp-json\/wp\/v2\/tags?post=761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}