Govt announces tax exemptions for Covid-19 treatment, death. Details here

The government's announcement is expected to provide relief to lakhs of taxpayers who have been affected by the second wave of the Covid-19 pandemic.

The Centre has announced tax exemptions to incentivise employers and members of the public for assisting people with Covid-19 treatment expenses and also those who have lost their kin to the virus. Minister of state in the finance ministry, Anurag Thakur confirmed the development. He said, “Amount paid for treatment of an employee by an employer or to any another person in 2019-20 and subsequent will not be taxed.”