In light of COVID-19, there are various Statutory and Compliance Relief Measures undertaken by the Government of India, detailed as under:
Companies Fresh Start Scheme, 2020 (CFSS-2020)
The Ministry of Corporate Affairs on 30th March 2020 issued a circular regarding Companies Fresh Start Scheme 2020.
This is opportunity to all defaulted companies to file the all belated documents as fresh started documents without any additional fees.
COVID-19 Relief Measures in Income Tax
On 24th March 2020, the Union Finance Minister announced several measures taken by the Government of India in view of the COVID-19 outbreak and nationwide lockdown. The relief measures related to Income tax are detailed below.
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