Series of Announcements are being made by the Govt after farmers, fisheries, animal husbandry and allied activities relief package on 15th May 2020 https://taxguru.in/income-tax/fm-nirmala-sitaraman-jis-3rd-tranche-announcements-15th-2020.html Series of Announcements are being made by the Govt after Urban poor, Migrant Workers, Self employed persons relief package on 14th May 2020 Series of Announcements are being made by the […]
Overview of PAST THREE Tranches: The first tranche included measures for small businesses, the second aimed at helping migrant workers and the third aimed at Agriculture, Farmers and Workers. Key Highlights: Structural reforms are the focus of today’s announcements which are new horizons of growth, unleashing new investment, boosting production and creating jobs 1. Many […]
1. Background MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy. The MSME sector contributes to 45% of India’s Total Industrial Employment, 50% of India’s Total Exports and 95% of all industrial units of the country and more than 6000 types of […]
Central Government hereby appoints the 18th day of May, 2020, as the date on which the provisions of section 128 of the Finance Act, 2020 shall come into force.
Notification No. 44 dated 31.01.2020 read with Notification No. 52 dated 19.03.2020, prohibiting the export of all types of masks, is amended to allow the export of non-medical/non-surgical masks of all types (cotton, silk, wool, knitted). All other types of masks falling under any ITCHS code, including the HS Codes mentioned above, would continue to remain prohibited for exports.
We all are going through a very tough time because of the COVID-19 Pandemic. Businesses partially are shut, employees are working from home and Farmers are also affected by sever lock down. The First 21 days lock down has cost nearly 7-8 lakhs crores for Indian Economy as per analysts. The worst impact of COVID […]
QUESTIONS IN SEARCH OF ANSWERS. The Hon’ble Prime Minister under his vision and call for ATMA NIRBHAR ABHIYAN / SELF RELIANT INDIA MOVEMENT based on the 5 pillars of ATMA NIRBHAR BHARAT being Economy, Infrastructure, System, Vibrant Demography and Demand has allotted Rs. 20 lakh crores equivalent to 10% of India’s GDP as Special economic […]
Numerous real estate companies as a result of this inclusion were faced with spiralling litigations against their company by all categories of home buyers and even the Adjudicating Authorities started clubbing the challenges against each of the builder corporate debtors; to take a holistic view of the exposure to the said corporate debtors.
3rd Tranche of Annoucements on Rahat Budget Package Under Atma-Nirbhar Abhiyan Dated 15.05.2020 MEASURES IN SUPPORT OF AGRICULTURE 1. INR 1 lakh crore for aggregators, Farmer Producer Organisations, primary agriculture cooperation societies, and for strengthening farm gate infrastructure (cold chains, supply chains etc.). 2. INR 10,000 crore for micro food enterprises through cluster-based approach for […]
