ICC Board meeting: T20 World Cup fate to be decided next month, BCCI gets December deadline for tax exemption
The ICC Board, however, decided to put an end, at least till December this year, the tug of war over tax exemptions with the BCCI.
PIL in SC against exempting industrial units from labour welfare laws during COVID-19
The plea filed by Pankaj Kumar Yadav, through lawyer Ni...
3.31 lakh PF withdrawal claims processed in 15 days: EPFO
Government had notified the special withdrawal provision from the EPF Scheme on Mar...
Farm workers, agriculture companies exempted from lockdown: Home Ministry
The government has notified procurement agencies like Food Corporation of India, Nafed and other state agencies that buy foodgrains and pulses from farmers at minimum support price under goods and services exempted under the Disaster Management Act to ensure smooth procurement operations ahead of the fresh harvest season.
Rice mills come to standstill despite exemption from lockdown
Basmati rice exporters said they were also concerned about the status of shipments en route overseas destinations. The lockdown has brought further shipments to a standstill as the ports are hit and trade related crucial procedures including phytosanitary inspections. Rice exports from India fell 35% in the first three quarters of this financial year.
FCI operations hit in lockdown, seeks mention in exemption list
Police and local administration, specially in states of Punjab and Haryana from where surplus food grains have to be moved to other parts of the country, are not allowing FCI officials and workers to function as FCI has not been specifically included in the exemption list of essential services.
Covid-19: MHA issues fresh guidelines on lockdown exemption
The home ministry on Wednesday issued fresh guidelines covering additional people and services who will be exempted from the 21-day lockdown announced by Prime Minister Narendra Modi.
Sebi writes to states to exempt staff of capital market entities from lockdown
Entities like stock exchanges, clearing corporations, mutual funds will be exempt.
Include Customs in list of exempted offices: Revenue Dept to Home Secretary
Referring to the order issued by the Ministry of Home Affairs on Tuesday evening after Prime Minister Narendra Modi ordered a nationwide shutdown for 21 days to arrest the spread of Covid-19, the Department of Revenue has written that the list of Central government offices exempted from closure does not include Customs Offices.
India's 21-day lockdown to counter coronavirus: What's exempt, what's not
Here is a list of all that is exempted and all that is not as India heads for a 21-day lockdown.
No timeline to remove I-T exemptions: Nirmala Sitharaman
In her post-budget press conference, FM had talked about govt's intention to remove all I-T exemptions.
Exempt stock market entities from lockdown: Centre to states
The move comes against the backdrop of alleged instances of brokers, depository participants and other personnel related to stock markets facing difficulties in commuting to their workplaces.
Donations to Shri Ram Janmabhoomi Teerth Kshetra eligible for exemption from income tax
In a notification issued Friday, the Central Board of Direct Taxes (CBDT) allowed tax exemption to donations under Section 80 G of the Income Tax Act, on the grounds that the structure would be a “place of historic importance and a place of public worship”.
Coronavirus: Cinema operators seek exemption on taxes, loan moratorium for one year
Cinema exhibitors have also asked for a waiver of the minimum demand charges on electricity by several discoms, said Multiplex Association of India (MAI) in a statement.
How to claim tax exemption under section 54F?
Exemption u/s 54F can be availed within a year before or two years after the date of transfer of shares (assuming these are held for long term) or within three years after the date of construction of a residential house in India.