HomeBusinessGovt relaxed provisions of Income-tax Act

Govt relaxed provisions of Income-tax Act

@the_news_21

In view of COVID-19, the government has relaxed the provisions of Income-tax Act. Now, all hospitals, nursing units, dispensaries and COVID care centres will be able to accept cash over two lakh rupees from the patients. Patient and the payee will have to submit PAN and Aadhaar for such payments. The relaxation has been granted between 1st April to 31st May this year.

Subscribe to TheNews21

Stay Ahead with Independent Journalism

Investigations, political analysis and major national and global stories delivered directly to your inbox.

45 COMMENTS

Must Read

spot_img
spot_img