Category: Finance Ministry
Relaxation for certain category of senior citizen of 75 years or more from filing return of income-tax (ITR) in Union Budget 2021-22 Section 194P introduced by Finance Act 2021 Section 139 of the Act provides for filing of return of income. Sub-section (1) of the section provides that …
Presidential Medal for Specially Distinguished Record of Service to CBIC Staff on Republic Day 2021 MINISTRY OF FINANCE(Department of Revenue) Notification No. 06/2021 (N.T.)F. No. 394/83/2019-Commr. (Inv-Cus.) New Delhi, the 25th January, 2021 In terms of Notification No. 12/139/59-Ad.IIIB dated 05.11.62, as amended and in supersession of Notification …
Govt. notifies scheme of merges of LVB with DBS Bank. Read how depositors and creditors shall be treated Due to the rapidly deteriorating financial position of the Lakshmi Vilas Bank Limited, the Reserve Bank had placed the bank under moratorium. In the interest of the public …
Govt. grants moratorium to Lakshmi Vilas Bank. Read restrictions imposed and limit of payments to depositor, release of securities etc. The Central Government has ordered moratorium to the Lakshmi Vilas Bank Limited, Karur, Tamil Nadu for the period from 17th day of November, 2020 up to 16th day …
Extension of timelines under Sabka Vishwas (Legacy Dispute Resolution) 2019 for the persons in Jammu and Kashmir and UT of Ladakh MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Order No 1/2020-SVLDRS, 2019 New Delhi, the 13th November, 2020 G.S.R. 715(E).––WHEREAS, sub-section (1) of section …
FAQ on LTC Cash Voucher Scheme. Clarification on Special cash package in lieu of Leave Travel Concession during Block 2018-21. No. 12(2)/2020-E.II(A)Government of IndiaMinistry of FinanceDepartment of Expenditure North Block, New DelhiDated 20th October, 2020 OFFICE MEMORANDUM Subject: Clarification regarding queries being received in respect of Special cash …
Misinterpretation of LTC voucher scheme benefits – Statement of Ministry of Finance Ministry of FinancePress Release 13 OCT 2020 A report has appeared in the Economic Times Markets (ETMarkets.com) which gives the impression that the LTC voucher scheme for Government employees may not be attractive. Unfortunately, the piece …
Finance Minister announces benefits to employees-leave encashment in lieu of LTC, Special Festival Advance Scheme Finance Minister announces measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight against COVID-19 Cash payment and leave encashment in lieu of one LTC during …
Govt. constitutes Expert Committee on issue of waiver of interest & waiver of interest on interest & other related issues related to bank loans in view of the Covid-19 pandemic. Today the Government taking cognizance of the proceedings in ongoing hearing in Supreme Court of India in the …
Girish Chandra Murmu appointed as new Comptroller and Auditor General (CAG) of India MINISTRY OF FINANCE(Department of Economic Affairs) NOTIFICATION New Delhi, the 6th August, 2020 No. 6(11)-B (R)/2020.—By virtue of the power vested in him by clause (1) of article 148 of the Constitution of India, the …
