attended the webcast conducted by FICCI and EY on the topic ‘Key Tax Measures and Developments amid COVID-19’ on April 13, 2020. Amidst the current situation in the country of unprecedented lockdown due to rising COVID- 19, the Government of India has made various changes from transaction perspectives related to direct and Indirect taxation, and customs to give effect to relief measures announced by Hon’ble Finance Minister on march 24, 2020. This webcast was organized with an objective to create more awareness about the changes and newly informed deadlines for compliance under the direct and indirect tax and implications on various tax regimes.

The webcast had eminent speakers including Mr. Pranav Satya, Chairman FICCI Taxation Committee and Tax Partner and National Leader, International Tax & Transction services, EY India; Mr. Ravikant P. Kamath, Associate Tax Partner, Knowledge & Solutions, EY India and Mr. Sachin Menon, Chairman FICCI Task Force on GST and Partner, National Head- Indirect Tax, KPMG India. They shared the recent developments regarding extension of Income tax deadlines, customs regulations, and foreign trade policy provisions and incentives schemes from taxation perspective right from promulgation of the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (Ordinance) on 31 March 2020 by the President of India and recent issuance of various circulars and notifications by Central Board of Indirect Taxes and Customs. The webcast was indeed very informative.