After the farmers, workers, the Modi government came forward with the help of the middle class


BanglaHunt Desk: Prime Minister Narendra Modi has asked India's 1.5 billion people to stay home for three weeks in the world's largest lockdown. Asia's third largest economy is closed and millions of economically vulnerable people are currently unemployed. As a result, many are expecting extreme economic crisis. The government has already made many economic decisions with the responsibility of protecting ordinary people from that economic crisis. Many workers, from workers to farmers, have received help from the government. But it was alleged that the government did not take any plans for the middle class. This time the government has taken a fancy initiative for the middle class.

The Income Tax Office has said that those who have not yet received the extra money deposited after filing the income tax return will get their refund soon. Refunds up to Tk 1 lakh will be sent to the taxpayers account. Besides, the income tax department said that everything that will be refunded to GST and custom cases will be dispatched to the account very quickly. All the departments have been directed by the Union Finance Ministry to the Income Tax Department.

Finance Minister Nirmala Sitharaman announced several more income taxes before the lockdown started due to Corona. They also provide some comfort to the middle class at the moment,
The deadline for submitting income tax return for the fiscal year 0-6 is extended to June 3. If you are late, the interest rate should be reduced from 12% to 5%.

The deadline for PAN affiliation with Aadhaar has been extended from 1st March to 5th June.

The last day of submission of TDS returns has not been changed, but the interest rate for the TDS late submission has been reduced to 6 percent from the previous 5 percent.

In the case of companies with annual transactions of less than Tk 1 crore, they will pay interest on income tax return but will not have to pay late fees.

At present, registration of new companies will be done only within one year after declaration or declaration. Which was 6 months ago

The deadline for submitting the GST is March-April-May.

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