COVID-19 Several Tax relief and benefits for the Financial year 2019-20 ( Assessment year 2020-21)

Dear Tax payers,
Union Finance Minister vide Press Release dated 24 march 2020 provides some tax relief and benefits to tax payers for the assessment year 2020-21 due to COVID-19. The main highlight is the date of making various investment for claiming deduction under Chapter VI of IT Act which includes Section 80C (LIC, PPF, NSC, etc), 80D (Mediclaim), 80G (Donations) etc, has been extended to 30 June 2020

Almost tax payers whose main source of income is salary will prepared their income statement with existing deductions (Govt Employee), if they participate in Salary challenge CMDRF 80G, they will get some refund (if he/she paid any tax in advance)

For Donating funds visit Government of Kerala Chief Minister's Distress Relief Fund.

You can donate as Individual or Group. and get the tax benefits for the financial year 2019-20

Thank you