The Min­is­ter of Fi­nance, the Ho­n­ourable Dav­en­dranath Tan­coo, has an­nounced the ex­ten­sion of the Tax and Na­tion­al In­sur­ance Amnesty to Au­gust 2, 2025. The ini­tia­tive, orig­i­nal­ly in­tro­duced un­der the Fi­nance Act, 2024 and ef­fec­tive from Oc­to­ber 1 to De­cem­ber 31, 2024, is in­tend­ed to pro­vide re­lief on penal­ties and in­ter­est for a wide range of tax­es and na­tion­al in­sur­ance con­tri­bu­tions. Le­gal No­tices Nos. 211 through 215 of 2025 for­mal­ize the ex­ten­sion.

The Tax Amnesty ap­plies to penal­ties and in­ter­est ac­crued up to the in­come year end­ing De­cem­ber 31, 2023, and in­cludes nu­mer­ous tax cat­e­gories such as:

In­di­vid­ual In­come Tax