what are the major economic decisions taken by the government
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Answer:
1:)Finance Minister Sitharaman announced an eight-point structural and regulatory relief package to mitigate the economic fallout of COVID19. Sitharaman announced relaxed compliance norms for income-tax, goods and services tax (GST), customs, IBC, banking and commerce. The government said it will soon come out with an economic package to support the economy. The economic package is going to be announced soon, Sitharaman informed. She also announced a set of compliance-related issues, including extension of dates for filing income-tax and GST returns.
2:)The Finance Ministry announced the extension of the deadline for filing income tax returns, goods and services tax (GST) for March, April and May 2020 till June 30
3:)Addressing the media through video conference, Sitharaman said that the deadline for filing composition returns has also been extended to June 30.
4:)Government has also reduced the interest rate on delayed TDS deposit to 9 per cent from 18 per cent. Sitharaman announced that the government has extended the deadline for linking of Aadhaar and PAN till June 30 from March 31
5:)The central government has also allowed states and Union Territories to lift grain from the Food Corporation of India (FCI) on a three-month credit
and many other decisions are also taken by government