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Archive: 10 May 2021

Posts in 10 May 2021

Advisory for COVID-19 testing during second wave of pandemic

May 10, 2021 465 Views 0 comment Print

An unprecedented upsurge of COVID-19 cases and deaths is currently being witnessed across India. The overall nationwide test positivity rate is above 20%. Testing-tracking-tracing, isolation and home-based treatment of positive patients is the key measure to curb transmission of SARS-CoV-2.

CBDT issues corrigendum to notification related to Cash payment to hospital

May 10, 2021 1833 Views 0 comment Print

CBDT issues Corrigendum to Notification No. 56/2021-Income Tax Dated: 7th May, 2021 and  stated that word ‘payee ‘to be read as payer. Notification No. 59/2021-Income Tax Dated: 10th May, 2021  MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 10th May, 2021 NOTIFICATION NO. 59/2021 (INCOME-TAX) S.O. 1839(E).—In the […]

Extend Income Tax/GST due dates & give 6 Month Loan moratorium

May 10, 2021 22209 Views 6 comments Print

1. All statutory dates under GST and Income Tax by which either tax is to be paid or return has to be filed, maybe extended till 31st August, 2021. 2. Challan should be treated at a document of payment and not Form GSTR-3B under GST. this will encourage the tax payer to pay tax early and the government too will get the taxes in time.

Notification No. 58/2021-Income Tax, Dated: 10.05.2021

May 10, 2021 1317 Views 0 comment Print

CBDT amends Notification No. 35/2021-Income Tax dated the 22nd April, 2021 and stated that the word ‘Canada Pension Plan Investment Board Private Holdings (4) Inc.’ should be read as ‘CPP Investment Board Private Holdings (4) Inc.’  Notification No. 58/2021-Income Tax Dated: 10th May, 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) […]

Notification No. 57/2021-Income Tax, Dated: 10.05.2021

May 10, 2021 888 Views 0 comment Print

CBDT amends Notification No. 54/2021-Income Tax dated the 5th May, 2021 and stated that the word ‘Stretford Investment Pte. Ltd.’ should be read as ‘Stretford End Investment Pte. Ltd.’  Notification No. 57/2021-Income Tax Dated: 10th May, 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM Notification No. 57/2021-Income Tax New Delhi, […]

Initiatives to enhance Oxygen availability, distribution & storage

May 10, 2021 450 Views 0 comment Print

Centre undertakes multiple initiatives to enhance Oxygen availability, distribution and storage infrastructure; Oxygen availability increased through higher production and imports, setting up of PSA Plants, and Procurement of Oxygen Concentrators;

Availability and Renewal of Standard Corona specific products

May 10, 2021 240 Views 0 comment Print

The Authority is in receipt of complaints stating that some of the insurance companies are not issuing Corona Kavach and Corona Rakshak Policies. In this regard, it is clarified that all General and Health Insurers are mandated to offer Corona Kavach Policy vide guidelines dated 26.06.2020.

New module for online filing of applications for export authorizations

May 10, 2021 963 Views 0 comment Print

Applications for issuance as well as for amendment/re-validation of export authorization will need to be submitted online as per the above link and export authorizations for restricted items(Non-SCOMET) will continue to be issued from DGFT HQ, Udyog Bhawan, New Delhi through new module with effect from 17.05.2021.

RBI revises policy for authorising Private Banks for government business

May 10, 2021 702 Views 0 comment Print

Existing guidelines on appointment of Scheduled Private Sector Banks as Agency Banks of RBI have been reviewed and the revised guidelines/framework for authorising Scheduled Private Sector Banks as agency banks of RBI for conduct of government business attracting agency commission

Request for Complete Restriction on Delivery of Non-Essential Items & Vaccination

May 10, 2021 777 Views 0 comment Print

All India Mobile Retailer Association has written a letter to Chief Minister of Haryana and requested  Complete Restriction in Delivery of Non-Essential Items by all platforms (Online & Offline) & also made Vaccination Request. To, Shri Manohar Lal Khattar Honourable Chief Minister Government of Haryana, Chandigarh Dated: 5 May 2021 Subject: Complete Restriction in Delivery […]

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