If the facility provided by a taxpayer for transportation of employees is not obligatory under any law, for the time being in force then no ITC will be available to such a taxpayer. The applicant will however be eligible to claim ITC for the service supplied at 12% GST Rate if the conditions laid down in the second proviso to section 17 (5)b are satisfied.
Due to lockdown, migrant workers are stranded at different places. They would be allowed to move by trains as under: i. Movement of Shramik Special trains shall be permitted by Ministry of Railways (MoR), in consultation with Ministry of Home Affairs (MHA).
Presentation of details of 4th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 Policy Reforms to fast-track Investment Effort towards Atmanirbhar Bharat Fast track Investment Clearance through Empowered Group of Secretaries (EGoS). Project Development Cell in each Ministry to […]
Ministry of Finance Presentation of details of 3rd Tranche by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 Yesterday’s announcements related to farmers 1. Rs 30,000 crore Additional Emergency Working Capital for farmers through NABARD NABARD will extend additional re-finance support of […]
As in the present case before us, issues subject to revision were pertaining to original assessment and not the reopened assessment; the limitation should also start from the original assessment. In this case as original assessment order u/s 143(3) of the act was passed on 16.01.2014, the revision thereof could have been taken up to 31.3.2016
Considering the difficulty faced by the establishments in timely deposit of contributions or administrative charges due for any period during lockdown, the EPFO has decided that such delays due to operational or economic reasons shall not be treated as default and penal damages should not be levied for such delay.
Presentation of details of Tranche 2 by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 Direct Support to Farmers & Rural Economy provided post COVID 3 crore farmers with agricultural loans of Rs. 4.22 lakhs crore availed the benefit of 3 months […]
These regulations may be called the Pension Fund Regulatory and Development Authority (Pension Fund) (Third Amendment) Regulations, 2020.
Today we Indians proud to have our Prime Minister Shri NarendraModi ji and we as citizen of the country really experienced that we are in safe hand. Today as our Guardian he proved that when we need he is there to safeguard us. As far Economy is concern we have been taken out of ICU now it is our duty to fulfil his dream of 5 Trillion Economy and we must back himlike our father.
Operational Guidelines for Switch/Conversion Transactions with the Government of India – Switch module on ekuber – 1. The market participants can bid in the switch auction through the Switch Transaction module provided in the e-kuber portal.
