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Covid-19 lockdown: IT Industry body Nasscom seeks relief for startups, SMEs

city New Delhi covid-19 pandemic Government Department
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NEW DELHI: IT industry body Nasscom has urged the government to provide relief measures to startups that are under severe stress due to the Covid-19 pandemic as project delays and tight liquidity threaten to disrupt businesses. “We request that the government consider rental subsidy for workspaces used by start-ups which are regulated/owned/managed by government agencies," Nasscom said in a statement.

Nasscom has suggested a host of measures ranging from extension of tax payment deadline to temporary refund of GST collected as loan.

It has requested the government for a blanket suspension of all deadlines, including tax payment deadlines and filing deadlines, until at least 4 weeks post lifting of lockdown.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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