IN INDIA EXTENDED LOCKDOWN PERIOD AND EXTRAORDINARY TAX PAYMENT MEASURES - UPDATE 03/26/2020

^{MAJOR EXTRAORDINARY MEASURES ANNOUNCED BY THE INDIAN GOVERNMENT ON COMPLIANCE AND TAXATION  ON THE ECONOMIC IMPACT DUE TO COVID-19.}

^{India's Prime Minister, on March 24, 2020, announced a total blockade in the country in a bid to contain the spread of coronavirus (COVID 19) for three weeks.}

^{The Minister of Finance, on the same day, announced several statutory and regulatory compliance relief measures designed to mitigate the large-scale economic distress caused by COVID 19 worldwide and in India.}

^{In most cases, the March 2020 deadlines have been extended until June 30, 2020.}

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^{As a reminder, the Octagona Task Force is available to provide free support, detailed information and advice to all Italian companies that may need it.}

^{On this specific topic you can contact :}  

^{Alessandro Fichera | a.fichera@octagona.com | +39.328.2123458}  

^{Monica Sessi | m.sessi@octagona.com | +39.340.3422473}

^{Brando Bruschi | b.bruschi@octagona.com | +39.348.9653664}