Coronavirus has infected over 400,000 and caused 16,578 deaths. India is under lockdown till March 31. Stay tuned for LIVE updates on Covid-19
The modi government deferred deadlines for filing tax returns, extended a tax amnesty program and unveiled other relief steps, while promising more measures to support the economy amid the coronavirus pandemic.
“We are very close to coming up with an economic package which will be announced sooner rather than later,” said Finance Minister Nirmala Sitharaman at a press conference in Delhi.
India, Asia’s third-largest economy, is under pressure to boost spending to fight the economic fallout of the pandemic that’s infected close to 400,000 people globally and 519 in India and brought normal life to a halt.
Citizens across India observed a self-imposed curfew Sunday, a day when the country’s borders were also sealed temporarily to international flights aimed at limiting the spread of the virus.