Month: October 2020

Income-tax Exemption for payment of deemed LTC fare for non-Central Government employees

In view of the COVID-19 pandemic and resultant nationwide lockdown as well as disruption of transport and hospitality sector, as also the need for ob ...

Extension of due date of furnishing of Income Tax Returns and Audit Reports

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brou ...

AUM through NPS and APY subscribers under Pension Fund Regulatory and Development Authority crosses Rs 5 trillion

The Pension Fund Regulatory and Development Authority (PFRDA) today announced crossing Rs 5 lakh crore Assets Under Management (AUM) mark. The subscr ...

Ministry of Finance statement on misinterpretation of LTC stimulus and its benefits

A report has appeared in the Economic Times Markets (ETMarkets.com) which gives the impression that the LTC voucher scheme for Government employees m ...

Recommendations of the 42nd GST Council Meeting

The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing h ...