Finance Minister's Top Announcements On Coronavirus Relief Measures

Finance Minister Nirmala Sitharaman on Tuesday announced a slew of relief measures for taxpayers and businesses as the country entered a second day of lockdown to curb the coronavirus (COVID-19) outbreak. Announcing a relaxation in the due dates for filing of certain income tax as well as Goods and Services Tax (GST) returns, Nirmala Sitharaman said the government is already working on a fiscal package to shield the economy against the rapidly-spreading pandemic, and will make an announcement soon. The relief measures came days after Prime Minister Narendra Modi announced a special task-force headed by the Finance Minister to help businesses facing strain due to the pandemic. The country has reported 482 coronavirus cases till date, and health experts have warned that a big jump could be imminent.

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