IT compliance deadlines extended, tax exempts on COVID treatment: All you need to know

The government has announced that the amount spent by employer on employees treatment for COVID-19 will get tax exemption. Also, employees will not have to pay income tax on money received by them from their friends and family members for the treatment of COVID-19. 

New Delhi: The Indian government on Friday (June 26) announced a slew of measures aimed at providing a sigh of relief to taxpayers reeling under the COVID-19 pandemic. For starters, the government has extended the deadlines for several deadlines for Income Tax compliances, including the last date to link your PAN card with the 12-digit Aadhaar Card, said the Minister of State for Finance & Corporate Affairs, Anurag Thakur. The government is also offering benefits to employers who took care of the hospitalisation bills of their employees for the treatment for COVID-19.  "In order to ease the compliance burden of taxpayers during this difficult time, reliefs are being provided...," the Central Board of Direct Taxes (CBDT) said in a statement. "In view of the impact of the Covid-19 pandemic, taxpayers are facing inconvenience in meeting certain tax compliances and also in filing a response to various notices.” Here are the tax reliefs and deadlines extension announced by the government: