26
Jun
The government won’t levy any income tax on financial aid received by an individual from an employer or others for treatment of covid-19, the finance ministry said on Friday. In addition, any financial assistance received by family members of a person who has died from the viral disease will not be subject to income tax, the ministry said. The government on Friday extended deadlines for various income tax compliances. The income tax department, in a statement, said the payment deadline for Vivad Se Vishwas direct tax dispute resolution scheme has been extended by two months till August 31. Taxpayers can…
