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Thursday, May 16, 2024

COVID-19

Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting

In the recent past, tweets have been noticed by the Government on the issue of waiver of late fee applicable on non-filing of GSTR 3B returns. The demands are largely for the waiver of late fee for the returns...

Cabinet approves modifications in the existing “Partial Credit Guarantee Scheme (PCGS)”

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the Sovereign portfolio guarantee of up to 20% of first loss for purchase of Bonds or Commercial Papers (CPs) with a rating of AA and below...

Lower rate of EPF subscription 10% with EPFO notified placing higher liquidity in the hands of employees and employers during COVID-19 pandemic

Various measures have been announced from time to time to provide relief to the employers and employees of the establishments covered under the EPF & MP Act, 1952 distressed by Lockdown to prevent spread of COVID-19 and other disruptions...

Every sector that is critical for India’s growth story has seen reform : Prakash Javadekar

Union Minister for Information & Broadcasting Shri Prakash Javadekar has said the clarion call of self reliance or ‘Aatma Nirbhar Bharat’, followed by a series of historic steps taken over a period of five days, will be remembered by...

FM announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan

Rs 40,000 crore  increase in allocation for MGNREGS to provide employment boost Increased investments in Public Health and other health reforms to prepare India for future pandemics Technology Driven Education with Equity post-COVID Further enhancement of Ease of Doing...

Relief package announced by Union Government for different sectors and new MSME definition will give huge boost to industry: Gadkari

Union Minister for MSME and Road Transport and Highways Shri Nitin Gadkari has said that the relief package announced by the Union Government for different stakeholders/sectors including MSME, labour, agriculture etc. and the new definition of MSMEs will give...

$1 Billion from World Bank to Protect India’s Poorest from COVID-19

The Government of India and the World Bank today signed a $750 million of $1 billion proposed for Accelerating India’s COVID-19 Social Protection Response Programme to support India’s efforts at providing social assistance to the poor and vulnerable households,...

Relief to establishments covered under EPF and MP Act, 1952 from levy of penalty for delayed deposit of dues during lockdown

Due to prolonged lockdown announced by the Govt. to control the spread of COVID-19 and other disruptions due to pandemic, establishments covered under EPF & MP Act, 1952 are distressed and unable to function normally and pay the statutory...

Interest subvention on Working Capital Loans for Dairy sector due to lockdown

To offset the economic impact of Covid-19 on Dairy Sector, Ministry of Fisheries, Animal Husbandry and Dairy has introduced a new scheme “Interest subvention on Working Capital Loans for Dairy sector” for Supporting Dairy Cooperatives and Farmer Producer Organizations engaged in...

KVIC comes forward to hand-hold local production

The Khadi and Village Industries Commission (KVIC) has geared up to Prime Minister Shri Narendra Modi’s call to become “vocal for local” and further making it “global”. A day after the Prime Minister’s appeal for encouraging local products, the...
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Poshn Secures $4 Million for Global Expansion in Food Supply Chain

Poshn, a pioneering full-stack foodtech supply chain startup, recently announced a new funding achievement. The company has successfully raised...
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