New Delhi, March 24 (TIWN) The government has reduced charges for digital trade transaction and ATM cash withdrawals to promote digital financial transactions at the time of COVID-19 pandemic.

FM Sitharaman made this announcement during a press conference on several statutory and regulatory compliance issues due to a complete lockdown almost all over the country owing to novel coronavirus outbreak.

She further said that "there shall not be any minimum balance requirement fee" in bank accounts.

Amongst several announcements made, the finance minister extended the Aadhaar-PAN card linking deadline to June 30 from March 31.  She also extended the income tax returns filing date for the financial year 2018-19 to June 30, 2020.  FM Sitharaman informed that the government is working expeditiously on an economic package which will be announced soon.