Waive off penalties on unpaid Income Taxes
As per the Cabinet decisions taken on 03rd June 2020,it was announced to waive off the penalties on all unpaid income tax due to the Covid-19 epidemic. Accordingly ,late payment penalties will not be imposed for the payments made up to June 30,2020.
However, from 01st July 2020 onwards, late payments will be fined.
Published date:08.06.2020
