The Central authorities on Friday prolonged the deadline to hyperlink Permanent Account Number (PAN) and Aadhaar card by three months, contemplating the pandemic scenario within the nation. The earlier deadline was June 30, 2021.
Minister of State for Finance Anurag Thakur mentioned that the Aadhaar-PAN linkage deadline has been prolonged until September 30.
The minister additionally introduced measures associated to tax concessions for fee in direction of Covid-19 therapy.
Additionally, the minister mentioned that the ex-gratia fee by one individual to every other individual’s household on the account of Covid-19 for 2019-20 or 2020-2021 won’t be taxed. He additionally introduced that the time to put money into residential home for tax deduction has been prolonged by greater than 3 months.
The authorities additionally prolonged the deadline for making fee below the direct tax dispute decision scheme Vivad Se Vishwas by two months until August 31.
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