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Revised SOP for movement of stranded workers by train

May 19, 2020 591 Views 0 comment Print

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).

Atma Nirbhar Bharat Part-4: New Horizons of Growth

May 16, 2020 9330 Views 0 comment Print

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 […]

Atma Nirbhar Bharat: Part-3 – Agriculture

May 16, 2020 12285 Views 4 comments Print

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 […]

Section 263 limitation period – When issue was discussed only in Original Assessment Order

May 15, 2020 11565 Views 0 comment Print

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

No penalty for delayed deposit of EPF dues during lockdown

May 15, 2020 8055 Views 0 comment Print

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.

Atma Nirbhar Bharat: Part-2: Poor, including migrants and farmers

May 15, 2020 7515 Views 1 comment Print

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 […]

PFRDA (Pension Fund) (Third Amendment) Regulations, 2020

May 14, 2020 1842 Views 0 comment Print

These regulations may be called the Pension Fund Regulatory and Development Authority (Pension Fund) (Third Amendment) Regulations, 2020.

Sanjivani to MSME by Our Prime Minister Shri Narendra Modi JI

May 14, 2020 1128 Views 0 comment Print

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 -Conversion/Switch of GOI Securities

May 14, 2020 888 Views 0 comment Print

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.

Mining Support Service falls under HSN 998622 & attracts 18% GST

May 14, 2020 24909 Views 1 comment Print

Applicant is providing supporting service related to mining. The said service is classifiable under HSN 998622. The rate of GST on the said service is 18% (CGST 9% + SGST 9%) as provided under the Notification No. 11/2017-Central Tax (Rate) dated 28.06.2017 (as amended).

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