COVID-19 and the resulting lockdown have caused almost a standstill of all the business activities not only in India but all across the world. It has created massive uncertainty in global capital flows.

Honorable Prime Minister Shri. Narendra Modi, in his address to the nation on 12/05/2020, announced a Fiscal Stimulation package of Rs. 20 Lakh Crores and named it “Aatma-Nirbhar Bharat Abhiyan,” which means Self-reliant India Movement.

As you all are aware, the government has extended most tax deadlines, including the due dates for tax return filing due to the pandemic situation.