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Govt. exempts Amphotericin B used to treat Black Fungus from Customs Duty

   01 June 2021 at 06:19

The Finance Ministry on 31st May 2021 exempted the Customs Duty on "Amphotericin B" that is used to treat Mucormycosis, commonly known as Black Fungus, till 31st August 2021.

Posted in Custom |   1425 Views


CBIC notifies Ad hoc Customs Exemption on Imports of COVID-19 relief material Donated from Abroad

   01 June 2021 at 06:13

Earlier, this exemption was notified till 30th June 2021, however, considering the drastic impact of the second wave of the COVID-19 pandemic, the Central Government on 31st May 2021 extended the same to 31st August 2021.

Posted in Custom |   1437 Views


CBIC makes amendments vide Tariff Notification No. 49 /2021

   31 May 2021 at 22:41

Tariff Notification No. 49 /2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver.

Posted in Custom |   1578 Views


Highlights of the Monthly Review of Accounts of Union GoI for the month of April 2021 for the FY 2021-22

   31 May 2021 at 19:05

GoI has received Rs. 1,47,991 crore (7.49% of corresponding BE 21-22 of Total Receipts) for April 2021 comprising Rs. 1,30,811 crore Tax Revenue (Net to Centre),  Rs. 16,808 crore of Non Tax Revenue and Rs. 372 crore of Non Debt Capital Receipts.

Posted in Others |   1071 Views


Highlights of the Accounts of the Union GoI (Provisional/Unaudited) for the FY 2020-21

   31 May 2021 at 19:04

GoI has received Rs. 16,89,720 crore (105.50% of corresponding RE 20-21 of Total Receipts) during 2020-21 comprising Rs 14,24,035 crore Tax Revenue, Rs. 2,08,059 crore of Non Tax Revenue and Rs. 57,626 crore of Non Debt Capital Receipts.

Posted in Others |   978 Views


ICMAI reschedules time table for Foundation, Intermediate and Final Course of June, 2021 Exams

   31 May 2021 at 18:57

In view of the present acute pandemic situation arising out of the spread of COVID-19, it is hereby notified for information of all concerned that the dates of conducting the June 2021 term of Examinations of ICMAI are being rescheduled.

Posted in Students |   6309 Views


EPFO allows its members to avail second non-refundable COVID-19 advance

   31 May 2021 at 18:56

Under this provision, non-refundable withdrawal to the extent of the basic wages and dearness allowances for three months or up to 75% of the amount standing to member's credit in the EPF account, whichever is less, is provided.

Posted in Corporate Law |   2460 Views


Labour Ministry announces major social security reliefs via ESIC, EPFO for bereaved families due to Covid-19

   30 May 2021 at 19:37

The Ministry of Labour and Employment has announced additional benefits for workers through ESIC and EPFO schemes to address the fear and anxiety of workers about well-being of their family members due to COVID -19 pandemic.

Posted in Corporate Law |   9456 Views


Government expands ECLGS for MSMEs

   30 May 2021 at 16:45

On account of the disruptions caused by the second wave of the COVID 19 pandemic to businesses across various sectors of the economy, the Government has further enlarged the scope of the Emergency Credit Line Guarantee Scheme.

Posted in Corporate Law |   2430 Views


GST Council Meet: GoM has been constituted to examine the issue of GST concession/exemption to COVID relief material

   29 May 2021 at 17:50

In pursuance of the decision of the GST Council at its 43rd meeting on 28 May 2021, a Group of Ministers has been constituted to examine the issue of GST concessions/ exemption to COVID relief material. GoM will be submitting its report by June 08, 2021.

Posted in GST |   5934 Views



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