Atma Nirbhar Bharat

Collaboration with Foreign Companies under Atmanirbhar Bharat The Government announced Atmanirbhar Bharat Abhiyan – a special economic package of Rs20  lakh crore on 12.05.2020 with the aim of making the country self-reliant and to focus on local manufacturing. It focuses on preparing the country for tough competition in global sup...

Short Summary on Atmanirbhar Bharat Rozgar Yojna The new Scheme is being launched to incentivise the creation of new employment opportunities during the COVID recovery phase. The Aatmanirbhar Bharat Rozgar Yojana has been bifurcated into Incentives for employee-beneficiaries as well as incentives for establishments. Eligibility for Employ...

The Government has announced various relief measures for several sectors under the Aatma Nirbhar Bharat Abhiyan and has taken a number of initiatives to support the MSME Sector in the country, especially in Covid-19 pandemic situation. Some of them are: Rs 20,000 crore Subordinate Debt for Micro Small & Medium Enterprises(MSMEs). Rs...

CA Madhur Zanwar Under: Aatmnirbhar Bharat Abhiyan 3.0 The salient features of the Atmanirbhar Bharat Rojgar Yojana are as under:  √ Government of India will provide subsidy for two years in respect of new employees engaged on or after 1st October, 2020 and upto 30th June, 2021 in establishments employing upto 1000 employee for two [&h...

When the nation is becoming Atmanirbhar, why should we Individuals lag behind? Let us discuss how we can Atmanirbhar and remain Atmanirbhar during all the phases of life. Early days in life Gaining basic knowledge about finance Ideally personal finance should be taught in the school. The basic knowledge about importance of compounding and...

In a recent press conference conducted by the Hon’ble Finance Minister Ms. Nirmala Sitharaman on 12th November 2020 followed by a press release dated 13th November 2020, Diwali gift for the real estate developers and home buyers was announced in the form of income tax relief where a new amendment was proposed in section 43CA […]...

As a part of the AatmaNirbhar Bharat Package 3.0, announced on 12th November 2020 our Hon. Finance Minister Smt. Nirmala Sitharaman – a relief has been provided to real estate developers and buyers, by increasing the percentage of safe harbor to 20%. One can now buy a house at a rate of 20% lower than the circle rate. This new norm is f...

On the occasion of Dhanteras, FM has announced an Atmanirbhar Bharat Package 3 for over Rs. 2.65 lakh crores. A Demand Booster has been announced for the Real Estate Sector by giving Tax relief for the Developers & Home Buyers under the Income Tax Act....

Representation for widening the scope of benefit in case of difference in agreement price and Circle Rate of property is upto 20 per cent for the purpose of Income tax. ...

In order to boost demand in the real-estate sector and to enable the real-estate developers to liquidate their unsold inventory at a rate substantially lower than the circle rate and giving benefit to the home buyers, it has been decided to further increase the safe harbour from 10% to 20% under section 43CA of the Act for the period from...