Pharma companies reduces prices of major brands of Remdesivir

File No. 37008/2021/Div.VI/NPPA 17/04/2021

On the intervention of the Government, the major manufacturers/marketers of ‘Remdesivir injection’ have reported voluntary reduction in Maximum Retail Price (MRP). The revised prices of major brands of ‘Remdesivir injection 100mg/Vial’ are as follows:...

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CBIC issued advisory on issue of SCN considering SC judgment in Canon India

F.No. 450/72/2021-Cus IV 16/04/2021

F.No. 450/72/2021-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Custom) ***** Room No. 227B, North Block, New Delhi Dated: 16th April 2021 To, The Principal Additional Director General, Directorate of Revenue Intelligence (DRI), New Delhi Sub:-  Hon’ble  Supreme  Court...

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Guidance note on Regulations 50(3) & 51(2) of Listing Regulations

Notice No. 20210415-15 15/04/2021

Guidance Note of the Exchange with respect to the Regulations 50(3) and 51 (2), Schedule III, Part B, Item 15 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations)....

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Weekly newsletter from Chairman, CBIC dated 12/04/2021

D.O.No.62/CH(IC)/2020 12/04/2021

There has been encouraging news from Kolkata on the trade facilitation front. On the 7th of April, our officers cleared the second riverine protocol route for exports from Bangladesh to India. A barge laden with 40,000 cartons of food products started its journey from Palash in Bangladesh and reached Kolkata in eight days after travelling...

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Weekly newsletter from Chairman, CBIC dated 05/04/2021

D.O.No.61/CH(IC)/2020 05/04/2021

You would be aware by now that the GST revenue has reached nearly Rs. 1.24 lakh crores in March, 2021, which is the highest revenue collected in a month since the inception of GST in 2017....

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Govt withdraws reduction in Small Saving interest Rates

F.No.1/4/2019-NS 01/04/2021

It has been decided that the rate of interest on various small savings schemes for the first quarter of FY 2021-22 starting from 01st April and ending on 30th June, 2021 shall remain unchanged from those notified for the fourth quarter (01.01.2021 to 31.03.2021) of the FY 2020-21....

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Interest Rate on Small Saving Scheme reduced Sharply?

F.No.1/4/2019-NS 31/03/2021

Update on 01.04.2021 at 09.00 AM: Tweet by FM– Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. Orders issued by oversight shall be withdrawn. Read: Govt withdraws reduction in Small Saving interest […]...

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Approval for manual issue of notice u/s 148 without DIN-Reg

F. No. Pr. CCIT/MP & CG/Tech/148/2020-21 31/03/2021

Government of India (Ministry of Finance) Department of Revenue Office of the Pr. Chief Commissioner of Income-Tax, Ground Floor, Aayakar Bhawan, 48, Arera Hills, Bhopal – 462011 Tel No: 0755-2525318, Fax No: 0755-2559547 F. No. Pr. CCIT/MP & CG/Tech/148/2020-21 Date : 31/03/2021 To The Pr. Commissioner of Income Tax -I, Bhopal,...

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Clarification on full & final settlement of claims pertaining to LTC Special Cash Package Scheme

Office Memorandu, No. 12(2)/2020-E.II(A) 30/03/2021

Keeping in view of practical difficulties in submission of bills/claims for purchases made particularly in late hours of 31st March, 2021(including on-line purchases), it is clarified that submission of bills/claims may be entertained and settled by Ministries/Departments not later than 30th April However, it is reiterated that the paymen...

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Few changes in Customs & GST to come into effect shortly: CBIC Chairman

Notification No. D.O.No.60/CH(IC)/2020 29/03/2021

A few changes on the Customs and GST side are to come into effect shortly on the dates indicated in the Finance Act 2021 (no 13 of 2021) and in some others are independently slated to begin from lst of April, 2021. They have been publicized through our social media handles. However, field formations and DGTS should sensitize and hand hold...

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April 2021