Centre Notifies Bills To Relax Tax Filings; Allow RBI Supervision Over Cooperative Banks [Read Notifications]

Akshita Saxena

30 Sept 2020 5:33 PM IST

  • Centre Notifies Bills To Relax Tax Filings; Allow RBI Supervision Over Cooperative Banks [Read Notifications]

    The Central Government has notified the Taxation and Other Laws (Relaxation of Certain Provisions) Act, 2020 to relax time limit on compliance with tax laws, GST payment, filing, etc., amid the Covid-19 pandemic. It was passed by the Lok Sabha September 19, 2020 and was returned by the Rajya Sabha on September 22, 2020. The Act amends as many as eight legislations viz. the...

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