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Government deferred new tax and loan deadlines over abating Virus (Recent News)

Submitted By: Komal On March 24, 2020 06:03 PM IST

Worldwide spread pandemic Virus Corona Virus grooves economical fallout

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As worldwide economy has grappled with effect of Corona Virus, which shows no sign of recovery

With effect of Covid-19, several states has announced lockdown and promoted everyone to stay inside home.

With impact of lockdown and shutdown of factories, work stations, economy has effected at never expected rate.

Panic among People over payment of loans and taxes

Well, If pandemic continues to create its havoc then for sure globally economy will collapse, which creating worse effect on government as well as public.

Following which, Indian people are much worried about upcoming tax payments and filling return tax.

Indian Government new deadlines toward Tax ease

Although rapid increase in CoronaVirus has created major fallout in economical rate, witnessing which Indian Government has declared that there will be relaxation in filling tax return.

However not only this, it is heard through sources that soon government will also provide some relaxation in loan payment area.

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