close
Choose your channels
Home » Headline News » Due date for IT returns extended to Nov 30!

Due date for IT returns extended to Nov 30!

Wednesday, May 13, 2020 • Tamil Comments
Listen to article
--:-- / --:--
1x
This is a beta feature and we would love to hear your feedback?
Send us your feedback to audioarticles@vaarta.com

Due date for IT returns extended to Nov 30!

Finance Minister Nirmala Sitharaman on Wednesday said that the due date for Income Tax returns for the year 2019-2020 has been extended from 31 July and 31 October to 30 November 2020.

The FM also declared that the Tax Deducted at Source rates applicable for non-salaried employees stand reduced. With an aim to provide more funds to taxpayers, TDS for non-salaried specified payments made to residents and rates of TCS for specified receipts shall be reduced by 25%, the FM announced. The new rates will be valid till 31 March 202.

EPF contribution by the employer stands reduced from 12% to 10%. Notice that this benefit is not available to employees.

Follow us on Google News and stay updated with the latest!   

Comments

Welcome to IndiaGlitz comments! Please keep conversations courteous and relevant to the topic. To ensure productive and respectful discussions, you may see comments from our Community Managers, marked with an "IndiaGlitz Staff" label. For more details, refer to our community guidelines.
settings
Login to post comment
Cancel
Comment

Headlines

Sivakarthikeyan has a strong interest in drama... The reason behind my success is Kamal... says Crazy Mohan. Sivakarthikeyan has a strong interest in drama... The reason behind my success is Kamal... says Crazy Mohan.
It was wrong for Savitri to love Gemini. Everyone has a dark side... says actor Rajesh. It was wrong for Savitri to love Gemini. Everyone has a dark side... says actor Rajesh.
In Andhra, Gemini was the villain, and there was emotional pain with her sister... Savitri's daughter Vijaya Chamundeswari. In Andhra, Gemini was the villain, and there was emotional pain with her sister... Savitri's daughter Vijaya Chamundeswari.
GHMC Cracks Down on Unauthorized Wall Posters and Writings in Hyderabad GHMC Cracks Down on Unauthorized Wall Posters and Writings in Hyderabad
Looking at Crazy Mohan's dialogues, I developed an inferiority complex... explains Visu. Looking at Crazy Mohan's dialogues, I developed an inferiority complex... explains Visu.
Love letters in bundles... it was women who pursued him... - Kamala Selvaraj Love letters in bundles... it was women who pursued him... - Kamala Selvaraj
Why did you choose alcohol as your companion, Amma?... Jayachitra on Nadigaiyar Thilagam (Savitri) Why did you choose alcohol as your companion, Amma?... Jayachitra on Nadigaiyar Thilagam (Savitri)
The truth that Sowcar Janaki says: 'If a biopic of politicians is made, it will stink The truth that Sowcar Janaki says: 'If a biopic of politicians is made, it will stink
Essential Things to Know About Homam | Spiritual Speaker Vijaykumar Essential Things to Know About Homam | Spiritual Speaker Vijaykumar
The astrologer said that I will act till the end of my life... Vennira Aadai Moorthy The astrologer said that I will act till the end of my life... Vennira Aadai Moorthy
Vel Maaral Maha Mantra: The Power of Murugan and Its Transformative Effects on Your Life! Vel Maaral Maha Mantra: The Power of Murugan and Its Transformative Effects on Your Life!
Tirupati Laddo Controversy: AP Dy CM Pawan Kalyan's daring decision Tirupati Laddo Controversy: AP Dy CM Pawan Kalyan's daring decision