As the financial year 2019-20 ended amid the nationwide lockdown to contain the spread of highly contagious Novel Coronavirus Covid-19, it has become very difficult for taxpayers to meet the last-minute tax-saving investment targets, especially for those who are not tech-savvy and rely on offline investment modes.
Although online investors had the opportunity to invest in tax-saving instruments, keeping in view the difficulty faced by offline investors, the government has extended the cut off date for making investments in tax-saving instruments from March 31, 2020 to June 31, 2020.