Assam issues new Covid-19 guidelines, exempts foreign diplomats from test on arrival
Relaxing the norms for those arriving in Assam, new guidelines stated those arriving with Assam with report of RT-PCR done 72 hours earlier on arrival will not be subjected to COVID test in the state. Children below 10 years will not be tested if their parents are not willing to do so.
Telangana EV Policy: First two lakh electric two-wheelers exempted from road tax, registration fee
The policy also gives 100 per cent exempti...
Should you spend Rs 3 lakh to get Rs 30,000 LTA income tax sop?
Government is offering you a window where you can avoid paying Rs 30,000 with...
View: Do not waste the current crisis in GST, use it to remove exemptions and cut rates
This opens up an opportunity to overhaul GST and build it better. As India recovers from the pandemic, it is imperative to avoid macroeconomic stress. While a big fiscal deficit is both unavoidable and desirable in the current fiscal and probably the next, fiscal consolidation must be a near-term goal.
No pension fund has made investments in bonds rated below AA: Supratim Bandyopadhyay, PFRDA
Most pension fund managers follow their own investment guidelines which are stricter than what PFRDA has laid down, says PFRDA Chairman, Supratim Bandyopadhyay.
Sebi exempts family trusts linked to Minda Industries' promoters from open offer requirement
Granting exemption, Sebi said the proposed acquisition of shares is in "furtherance to an internal reorganisation within the promoter's family and is intended to streamline succession and promote welfare of the promoter's family".
Sebi exempts family trust linked to Astec Life Sciences from open offer
Sebi said the proposed acquisition of shares is in "furtherance to an internal reorganization within the promoter's family and is intended to streamline succession and promote welfare of the promoter's family".
CBDT notifies rules on tax exemption for District Mineral Foundation Trusts
The Board has specified conditions for availing the exemption. The Trust cannot engage in any commercial activity and activities and nature of the specified income shall remain unchanged throughout the financial years. The Trust has to file income tax returns and audit reports, certified by a chartered accountant.
Automakers seek delays, exemptions to India's planned new rules for parts: Sources
Prime Minister Narendra Modi is keen to reduce imports to boost local manufacturing to make India more self-sufficient and enable it to play a bigger role in the global supply chain.
Govt launches tax-exempt LTC cash voucher scheme to boost consumer spending
This is a one-time scheme and payment will be only in lieu of one LTC during the block of four years 2018-21. This should help people to some extent as it makes one third of their spending, as per specified conditions, tax exempt.
Delhi government exempts road tax on battery-operated vehicles under its EV policy
The Transport department, in it notification issued on Saturday, stated that the Lieutenant Governor of the National Capital Territory of Delhi exempted the tax levied upon all battery electric vehicles with immediate effect.
Phone, electronics makers seek exemption from 'faceless assessment' for shipments
“We request all AEO (authorized economic operator) and In-Bond Manufacturing entities import/export be permitted “green channel” for self-assessment and automatic clearing for both import and export shipments to promote faster capacity addition and greatly improve ease of doing business,” the India Cellular and Electronic Association said
Exempted PF trusts disburse over Rs 481 crore under PM Garib Kalyan Yojana
Under the scheme, notified on March 28, members can avail 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 the member’s credit in the EPF account, whichever is less, to tide ove the financial crisis emerging out of COVID-19.
Saudi Arabia imposes new tax on property deals, exempts them from VAT
The kingdom's finance minister said on Twitter that the order, which was carried on state media, aimed to help spur economic growth and provide support for Saudi citizens.