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Archive: 19 July 2021

Posts in 19 July 2021

Various relief measures for several sectors to fight COVID-19 pandemic

July 19, 2021 630 Views 0 comment Print

Ministry of Finance Various relief measures for several sectors to fight COVID-19 pandemic Posted On: 19 JUL 2021 The Government has announced various relief measures for several sectors including health infrastructure under the Atmanirbhar Bharat Packages announced on 13th May, 2020 to 17th May, 2020, 12th October, 2020 & 12th November, 2021 involving a total […]

Alleged use of spyware Pegasus to compromise phone data

July 19, 2021 339 Views 0 comment Print

IT Minister Shri Ashwini Vaishnaw’s Statement in Parliament on Alleged use of spyware Pegasus to compromise phone data of some persons as reported in Media on 18th July 2021

Rs 21,231 crore spent by 21,349 companies on CSR funds in 2019-20

July 19, 2021 354 Views 0 comment Print

Corporate houses spend a huge sum on Corporate Social Responsibility (CSR) for the welfare of workers and local people in the country. This was stated by Minister of State for the Ministry of Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in the Lok Sabha today.

Importers of pulses exempted from stock limits

July 19, 2021 414 Views 0 comment Print

Central Government has relaxed stock limits for Millers and wholesalers and exempted importers from the same. These entities shall however continue to declare stocks on the web portal of Department of Consumer Affairs. The Stock Limits shall be applicable only to Tur, Urad, Gram and Masur.

Bad Bank launched for stressed assets as a measure to clean up bank books

July 19, 2021 471 Views 0 comment Print

The Government has launched a Bad Bank with all the regulatory approvals in place. This was stated by Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha today.

GST Compensation dues paid to States

July 19, 2021 519 Views 0 comment Print

The Government has paid all the GST Compensation dues to the States the financial years 2020-21 and 2021-22. This was stated by Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in the Lok Sabha today.

Principal Employers can now View EPF Compliances of their Contractors

July 19, 2021 3111 Views 0 comment Print

Ministry of Labour & Employment (Government of India) EPFO LAUNCHES ELECTRONIC FACILITY FOR PRINCIPAL EMPLOYERS TO VIEW EPF COMPLIANCES OF THEIR CONTRACTORS Now, EPFO registered employer engaging employees through contractor(s) can add the details of contractor(s) & contract employees at EPFO’s Unified Portal: https://unifiedportal-emp.epfindia.gov.in/epfo/ Principal Employers (PE) not registered with EPFO can register on Unified […]

104 startups on boarded on Startup India Showcase Platform

July 19, 2021 483 Views 0 comment Print

Startup India Showcase is an online discovery platform for the most promising startups of the country. These innovations span across various cutting-edge sectors such as Fintech, EntrepriseTech, Social Impact, HealthTech, EdTech, among others. Ecosystem stakeholders have evaluated, nurtured, and supported these startups.  These startups are solving critical problems and have shown exceptional innovation in their respective sectors.

Section 138 NI Act- HC Explains Non-MICR Cheque Bouncing & Notice Under Certificate of Posting

July 19, 2021 13521 Views 0 comment Print

Md. Nasim Ansari son of Late Md. Muslim Vs The State of Jharkhand (Jharkhand High Court) Heard Mrs. Ritu Kumar, learned counsel for the petitioner. 2. Heard Mrs. Vandana Bharti, learned A.P.P. appearing on behalf of the opposite party- State. 3. Heard Mr. Ashok Kr. Sinha, learned counsel appearing on behalf of the opposite party […]

HC upheld addition for difference in Valuation of Closing Stock

July 19, 2021 3900 Views 0 comment Print

Goa Carbon Ltd Vs JCIT (Bombay High Court at Goa) In the present case, the Assessee, apart from submitting an unsigned chart, allegedly based on the books of account maintained by the Assessee, had failed to produce on record any material in support of the substantial variation between the cost price and the market price. […]

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