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Company Fresh Start Scheme,2020 & LLP Settlement Scheme, 2020:

Considering the impact of #COVID19 on businesses, MCA has introduced above schemes.

Avail scheme & avoid late fees of ₹200 per day.
• Before 30th June - LLP
• Before 30th Sept - Company

Useful Alerts from Nirmala Sitharaman's Speech Dt. 13-May-2020 (Extracts) 📌:

❇ Statutory PF contribution under EPFO reduced (both employer & employee) from 12% to 10% for next 3 months

❇ Due date of all Income Tax Returns for A.Y. 2020-21 extended to 30.Nov.20

❇ Rates of TDS and TCS reduced by 25% for remaining period of FY 20-21