Covid-19 Highlights: Virus would kill fewer than massive recession, says Trump

Union finance minister Nirmala Sitharaman on Tuesday announced there will a complete waiver of minimum balance fee for account holders in banks as she announced a slew of measures for the economy in order to tackle the impact of Covid-19.

Nirmala Sitharaman, during her address also mentioned that Prime Minister Narendra Modi is closely monitoring the coronavirus situation in the country.

Union Finance Minister Nirmala Sitharaman during her address to the media via video conferencing also said that Reduced interest of 9%, instead of 18%, will be charged for delayed deposit of TDS.

Union Finance Minister Nirmala Sitharaman said that those companies that have a turnover of more than ₹5 crores will not be charged a late fee, penalty on late Goods and Services Tax (GST) filing.

Giving relief to citizens unable to meet deadlines due to coronavirus outbreak, Finance Minister Nirmala Sitharaman on Tuesday said the last date for filing of income tax return for FY2018-19 has been extended to June 30, reports PTI.

Union Finance Minister Nirmala Sitharaman said that the Vivad se Vishwas scheme has been extended to June 30, no 10% additional charge on paying principal amount involved in tax dispute, reports PTI.

Malaysia reported 106 new coronavirus cases on Tuesday, taking the total to 1,624, with 15 deaths. The Ministry of Health said 43 of the new cases were linked to a mass religious gathering, which has already been connected to more than 60% of the total infections in the country, reports Reuters.

Union finance minister Nirmala Sitharaman said on Tuesday the deadline for linking Aadhaar with PAN card has been extended to June 30 from March 31 as the country is under lockdown to stop the spread of the Covid-19 disease, which has infected nearly 500 people and killed nine.

Thailand will be in an emergency mode from March 26 for a month to deal with the coronavirus outbreak, Prime Minister Prayuth Chan-ocha told a news conference on Tuesday.: Reuters

Union finance minister Nirmala Sitharaman will address media to inform about the govt's economic package to deal with lockdown during coronavirus outbreak. "Even as we are readying an economic package to help us through the Corona lockdown (on priority,to be announced soon) I'll address the media at 2pm today, specifically on statutory & regulatory compliance matters,via video conference, she said on Tuesday afternoon

The state of Sikkim will be under lockdown from tomorrow, March 25 6 AM till March 31 due to the coronavirus outbreak in the country.

Kerala police will issue passes for those who want to come out to buy essential things. Those who step out casually without any reason will be booked. 52 cases have been registered in Thiruvananthapuram district today. Kerala police chief Loknath Behra said violators will be dealt with sternly: HT Correspondent

Union civil aviation minister says he is deeply distressed that some airline employees at forefront of fight against coronavirus are being harassed by neighbours. In a couple of tweets, he said that he has requested authorities to give protection to crew and families, who are being harassed by neighbours.

Entire Haryana goes under lockdown, a day after the state government issued the order to help check the spread of coronavirus: PTI

In last 24 hours, no new case of Covid-19 reported in Delhi, says CM Arvind Kejriwal. Five people have been discharged after treatment. Biggest challenge right now is that we don't have to let the situation turn uncontrollable, under any circumstance. Contribution of all is needed in achieving this: ANI