- Wednesday, May 15, 2024
IN a relief to taxpayers, the India government on Wednesday (13) extended the deadline for filing of all income tax returns for 2019-20 fiscal till November 30, 2020. Announcing a slew of relief measures for the coronavirus-hit economy, Finance Minister Nirmala Sitharaman also slashed TDS (tax deducted at source)/TCS (Tax…
AS INDIA is all set to enter into the fourth phase of its lockdown imposed to contain the spread of Covid-19, the number of infections has jumped to 74,281, claiming at least 2,415 lives, the health ministry said on Wednesday (13). The country registered 122 fresh deaths and 3,525 new cases…
INDIAN Home Minister Amit Shah on Wednesday announced that all canteens of the Central Armed Police Forces (CAPFs) will sell only indigenous products from June 1 to over 50 lakh family members of about 10 lakh personnel. In a series of tweets in Hindi, Shah said the decision has been…
Prime Minister Narendra Modi said on Tuesday that India would provide about Rs 20 trillion (£216 billion) in fiscal and monetary measures to support an economy battered by a sweeping weeks-long lockdown to fight the novel coronavirus. Media reports noted that India's "Atma-nirbhar Bharat Abhiyan or Self-reliant Bharat Mission" package -- 10…
BRITAIN's economy is set for an unprecedented 7 per cent quarterly contraction after measures to slow the spread of the coronavirus forced company closures across the country last month, a business survey showed on Tuesday (5). Adding to the bleak mood, figures earlier on Tuesday showed monthly car sales had…
THE Indian government has finalised plans to operate 64 flights from May 7 to 13 to bring home nearly 15,000 nationals stranded abroad due to the pandemic. These special flights would be operated by Air India and its subsidiary Air India Express to repatriate Indians from 12 countries -- the…
In an air-conditioned government building in Mumbai, a dozen officials are glued to a giant screen showing live drone and CCTV footage of crowded slums, the front line in the city's battle to contain the spread of the coronavirus. When cameras captured dozens of shoppers thronging a market in Mumbai's…
The Indian home ministry on Thursday (16) stressed that states should strictly enforce rules regarding social distancing and wearing face masks in public places. Addressing the daily media briefing, joint secretary in the ministry Punya Salila Srivastava said it should be ensured that five or more persons do not assemble at a…
Strongly supporting India's policy response to the coronavirus pandemic, including the fiscal stimulus package and the nationwide lockdown, a top IMF official has said that the unprecedented crisis has highlighted the need to increase investment in the health care sector in the country. In an interview to PTI, Chang Yong…
A law requiring less than 120 days' stay in India to claim Non-Resident Indian (NRI) status needs to be changed, an association representing NRIs has demanded, citing economic disruptions due to the coronavirus pandemic. The US-based Global Organisation of People of Indian Origin (GOPIO) has asked Finance Minister Nirmala Sitharaman…
