COVID-19

Do you know how to change bank account details on the GST Portal?

Login to the GST Portal Go to “Services” Click on the tab ‘Amendment of Registration Non-Core Fields’ Select tab ‘Bank Account’ Add details of Bank Account (Account Number, IFSC Code, Address Details, Bank Account Type) Click on the Verification tab, Select authorized Signatory. Enter a place Sign Application using DSC, E-sign or EVC A success …

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Government Steps taken for revival of infrastructure sector on back of COVID-19 pandemic

The Government is taking various measures to ease out liquidity and steep increase in commodity prices and its impact on infrastructure on the back of COVID-19 pandemic. This was stated by Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in the Rajya Sabha today. The Minister stated that measures …

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IMPORTANT GST UPDATE

Important GST Weekly Update

GSTN portal has recently added an option to pre-fill an application form for the tax refund of the tax filed for the taxpayers: The portal has included the columns for the information required by the taxpayer to file the tax refund. The columns for the tax refund details require certain information such as: Aadhar Number Income tax …

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Online EPF Transfer Process from EPFO member portal

Transfer your PF account online, know what is the process?

If you can transfer money from your previous company’s PF account to the existing account sitting at home. Required Details Date of Exit of last appointment, Registered mobile number Process First of all you have to visit Unified Member Portal.https://unifiedportal-emp.epfindia.gov.in/epfo/ Then log in with your UAN. One has to click on One Member One EPF. …

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Latest Income Tax & GST Weekly Due Dates, Notifications / Press Info, Case Laws, etc

Income Tax Quarterly Updates (April 2021 to June 2021)- Including Covid-19 relaxations / updates

Income Tax Quarterly Updates (April 2021 – June 2021)– Including Covid-19 relaxations / updates Income Tax is the tax that is collected by the Central Government for each financial year levied on the total taxable income of an assessee during the previous year.The Income Tax Act is a comprehensive statute that focuses on the different …

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goods exports

India’s engineering goods exports registered a growth of 52.4% during the month of June 2021

Merchandise exports in June 2021 were USD 32.50 Billion, as compared to USD 21.91 Billion in June 2020, exhibiting a positive growth of 48.34 per cent. Indian engineering exports were on their upward journey in June, 2021 following the trend of the last two months. India’s engineering goods exports registered a growth of 52.4% during the month …

India’s engineering goods exports registered a growth of 52.4% during the month of June 2021 Read More »

UK Children Use Orange and Lemon Juice to Generate Fake Positive COVID-19 Test, Leave People Puzzled

UK Children Use Orange and Lemon Juice to Generate Fake Positive COVID-19 Test, Leave People Puzzled

While the world is taking all the possible precautions to stay far away from the coronavirus as much as possible, some school going children in the United Kingdom have found a bizarre way to generate fake ‘positive’ result in a COVID-19 lateral flow test by pouring few drops of orange juice in it. The trend, …

UK Children Use Orange and Lemon Juice to Generate Fake Positive COVID-19 Test, Leave People Puzzled Read More »

COVISHIELD

India Made Covishield Vaccine Gets ‘Green Pass’ in Switzerland, 7 Other EU Nations

Amidst multiple setbacks from European drug regulators, Covishield vaccine, in a significant boost, has been accepted by Switzerland drug regulator along with seven other European countries. According to sources quoted by news agency ANI, apart from Switzerland, the other countries which have approved Covishield include Austria, Germany, Slovenia, Greece, Iceland, Ireland, and Spain among others. …

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The World Bank

World Bank Approves Rs 3717 Crore Loan to Support India’s Informal Working Class amid COVID Pandemic

World Bank on Wednesday said it has approved a $500 million (about Rs 3,717.28 crore) loan programme to support India’s informal working class to overcome the current pandemic distress. The loan will create greater flexibility for states to cope with the ongoing pandemic, future climate and disaster shocks, World Bank said in a statement. Of …

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INCOME TAX RAID

Income Tax: Big Relief to the Taxpayers! Know Income Tax related Updates and Extended Due Dates

In view of the second wave of Corona epidemic, the central government has given many concessions to the common man on the income tax front. Deadline for TDS Return Extended The last date for submission of TDS statement for the fourth quarter (January-March) of the financial year 2020-21 has now been extended to July 15, …

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Snapshot of Economic Relief Package related announcements

Economic Relief Package Rs 1.1 Lakh Crore Loan Guarantee Scheme for COVID affected sectors announced. Rs 50000 crore for the Health sector and Rs 60000 crore for other sectors. Government to provide an additional Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS). Government announces Credit Guarantee Scheme to facilitate loans to …

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Economic Relief Package Announced by the Finance Minister in the Wake of COVID-19

Economic Relief Package Announced by the Finance Minister in the Wake of COVID-19

Union Finance Minister Smt. Nirmala Sitharaman, on 28th June 2021, announced an economic relief package in the wake of COVID-19 Pandemic. Following major sectors are included in the relief package: 1.) Health Sector 2.) Tourism Sector 3.) Finance Sector 4.) Employment Sector etc. To Download the PDF containing complete details of the relief package

NIRMALA SITHARAMAN

Announcements By Finance Minister: Economic Package for Travel Sector and Tourism

Reviving Tourism:- Under new Loan Guarantee Scheme for COVID Affected Sectors, working capital/personal loans will be provided to people in the tourism sector to discharge liabilities and restart businesses impacted due to Covid-19. The scheme will cover: 10,700 regional level tourist guides recognized by the Ministry of Tourism and tourist guides recognized by the State …

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TAX

Will families pay Income Tax on money received from employer or others after Covid death? Check new rule

The Central Government on Friday (June 25) announced tax relief for families of those who have lost their lives due to Covid-19 since FY 2019-20. The Government has decided to provide income tax exemption on any amount received by the family of an employee from the employer. Also, exemption up to Rs 10 lakh has …

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NAA

NAA Asks Tax Officials to Ensure Tax Rate Cut on Covid Supplies Reaches Consumer

The National Anti-profiteering Authority (NAA) has instructed the top brass of the Goods and Services Tax (GST) administration to ensure that producers and suppliers of medical devices and drugs lower prices of covid related supplies to pass on the benefit of recent tax rate cuts to consumers. [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] More at livemint [/ihc-hide-content]

Shri Mukhtar Abbas Naqvi

Nationwide campaign “JaanHaiToJahaanHai” launched to create awareness on Corona vaccination in rural and remote areas of the country

The Minority Affairs Minister Shri Mukhtar Abbas Naqvi today launched a nationwide “JaanHaiToJahaanHai” awareness campaign to create awareness on Corona vaccination in rural and remote areas of the country and also to “Crush and Curb” the rumours and apprehensions, being spread by some vested interests regarding the on-going vaccination drive. Launching the campaign from the …

Nationwide campaign “JaanHaiToJahaanHai” launched to create awareness on Corona vaccination in rural and remote areas of the country Read More »

EPFO Alert! Important rules of PF will change from September 1

EPFO added around 12.76 lakh net subscribers during April, 2021

The provisional payroll data of EPFO published on 20th June, 2021 highlights that EPFO has added around 12.76 lakh net subscribers during April, 2021. Despite the second wave of COVID-19 pandemic, April 2021 registered an increase of 13.73% net subscribers addition as compared to the previous month during which around 11.22 lakh net subscribers were …

EPFO added around 12.76 lakh net subscribers during April, 2021 Read More »

Arvind Kejriwal

Relaxations in lockdown restrictions announced by Delhi CM Arvind Kejriwal

Delhi Chief Minister Arvind Kejriwal today announced more relaxations in lockdown restrictions as a part of reopening the National Capital in a phased-manner. As per the new directions, all markets can now re-open from tomorrow without following the odd-even criteria. The Chief Minister said, restaurants will be allowed to open at 50 per cent seating …

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PM MODI

Key Highlights of PM Modi’s Today’s Address to the Nation

Key Highlights of PM’s today’s address to the nation are as under (as tweeted by the PMO India): (1.) आज ये निर्णय़ लिया गया है कि राज्यों के पास वैक्सीनेशन से जुड़ा जो 25 प्रतिशत काम था, उसकी जिम्मेदारी भी भारत सरकार उठाएगी। ये व्यवस्था आने वाले 2 सप्ताह में लागू की जाएगी। इन दो …

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UDID Sample

Unique Disability Identification Card (UDID) now acceptable as a Photo ID for registration on Co-WIN 2.0

The Union Ministry of Health has written to the States/UTs today to include the Unique Disability Identification (UDID) Card as a Photo ID while registering on Co-WIN 2.0. As per the Guidance note for Co-WIN 2.0 issued on 2nd March 2021, seven prescribed Photo IDs were specified and prescribed for verification of beneficiary prior to …

Unique Disability Identification Card (UDID) now acceptable as a Photo ID for registration on Co-WIN 2.0 Read More »

Ministry of Home Affairs

Indian visa of foreign nationals stranded in India due to COVID-19 pandemic deemed to be valid till 31.08.2021

Due to non-availability of normal commercial flight operations on account of the COVID-19 pandemic since March 2020, a number of foreign nationals who came to India prior to March 2020 on valid Indian visas had got stranded in India. Union Ministry of Home Affairs (MHA) had issued an order on 29.06.2020, conveying that the Indian …

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DIRECTOR GENERAL OF TAXPAYER SERVICES WEBINAR

Director General of Taxpayer Services is Organising Webinar on the Topic “Latest Initiatives of Indian Customs during COVID-19 Pandemic”

Directorate General of Taxpayer Services, CBIC in association with Confederation of Indian Industry (CII) and FICCI is organising a webinar on “Latest initiatives of Indian Customs during COVID19 pandemic” on June 4, 2021, 3 PM onwards. Link to attend webinar: https://prchief.webex.com/wbxmjs/joinservice/sites/prchief/meeting/download/df771afa40cc432a87eb8a188616db1d?protocolUID=bd4c9c34f1d3c94bf825b23f9cfe80d3#noRefresh

Aarogya Setu

Aarogya Setu rolls out new feature to update Vaccination Status

As per the press release by PIB, Aarogya Setu has rolled out a feature to update Vaccination Status on the Aarogya Setu App. Here is the step wise explanation of how to update the vaccination status. How to update Vaccination status for SELF: Those who are fully Vaccinated will get a Blue Shield on the …

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GST

GST Update: Extension of Due Date of Filing Application for Revocation of Cancellation of Registration in the Wake of COVID-19

GSTN has posted an update on 31st May 2021, which is as under: “In view of the decision of GST Council taken in its 43rd meeting dated 28.05.2021, the timeline for filing of the ‘Application for Revocation of Cancellation’ for those applicants, for whom the due date of filing such application was falling between 15 …

GST Update: Extension of Due Date of Filing Application for Revocation of Cancellation of Registration in the Wake of COVID-19 Read More »

Ministry of Personnel, Public Griveances and Pension

Family Pension Rules simplified informs Union Minister of State for Personnel, Public Grievances & Pensions

Union Minister of State (Independent Charge) for Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh informed on Monday  that the Family Pension Rules have been simplified in view of the COVID pandemic. As per the press release by PIB, the Minister informed that a provision was recently made for the Provisional Family …

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EPFO

EPFO members can now avail second non-refundable COVID-19 advance

As per PIB press release, EPFO has now allowed its members to avail second non-refundable COVID-19 advance. The provision for special withdrawal to meet the financial need of members during pandemic was introduced in March 2020, under Pradhan Mantri Garib Kalyan Yojana (PMGKY). An amendment to this effect was made by the Ministry of Labour …

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