Finance Minister Nirmala Sitharaman unveiled a series of relaxations for statutory and regulatory compliance matters on Tuesday and said the government will soon announce an economic package to absorb the negative impact of the Coronavirus epidemic.

For income tax-related matters, she said the last date for filing returns pertaining to the financial year 2018-19 has been extended to June 30. For delayed payments, the interest rate has been reduced from 12 per cent to 9 per cent.