“There was an urgent need to give relief to the taxpayers, amendments in the clauses was needed to extend compliance dates, waive or defer penalties and prevent prosecution,” she said winding up the discussion in Lok Sabha on Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020. The bill was later passed … Read more
Replying to a brief discussion, Finance Minister Nirmala Sitharaman justified the promulgation of the ordinance saying that the step was necessitated in view of COVID-19 pandemic situation. She said, there were apprehensions that the country’s economy was likely to be adversely affected. The Finance Minister said, the government had settled thousands of disputed cases involving … Read more
It is likely to become more marked over Northwest Bay of Bengal & neighbourhood during subsequent 24 hours. Under the influence of likely formation of a low pressure area over Northeast Bay of Bengal and consequent strengthening of lower level winds along the West Coast including Kerala, heavy to Very heavy rainfall is very likely … Read more
Principal Secretary to Prime Minister emphasized that the meeting was called well in advance before the onset of harvesting and winter season to ensure proper precautionary and preventive measures to combat the causes of air pollution are taken well in time. A review of the main sources of air pollution, measures taken and the progress … Read more
Beijing announced in May 2019 that it would create a list of ‘unreliable entities’ of foreign firms or individuals that violated market rules or contractual obligations or took measures that hurt the rights of Chinese businesses or threatened China’s national security interests. Commerce Ministry said, it will prohibit foreign firms listed as unreliable entities from … Read more