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Showing posts from November, 2020

CBDT to validate Unique Document Identification Number (UDIN) generated from ICAI portal at the time of upload of Tax Audit Reports

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Reserve Bank of India imposes monetary penalty

Link:  https://t.co/r2aUETQMeV

Finance Ministry seeks Ideas/Suggestions/Proposals for Annual Budget 2021-22.

Department of Economic Affairs, Ministry of Finance year over year invites suggestions from the public to make the Budget-making process participative and inclusive. This year too, the Ministry looks forward to hearing from you about your suggestions for the Union Budget which will be presented in the Parliament in the upcoming session. Citizens from all walks of life are welcome to be a part of this democratic exercise. You can submit your suggestions directly in the comment box here. We seek your valuable ideas to continue the tradition of incorporating the citizens’ aspirations. The last date for submissions on this forum is  30th November 2020 . Link:  https://www.mygov.in/mygov-survey/inviting-suggestions-budget-2021-22/

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Finance Minister announces measures on AatmaNirbhar Bharat 3.0

Ministry of Finance Finance Minister announces measures on AatmaNirbhar Bharat 3.0  A new Scheme “Aatmanirbhar Bharat Rozgar Yojana” launched  Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals extended till March 31, 2021 and additional credit up to 20%  Production Linked Incentive worth ₹ 1.46 Lakh crore offered to 10 champion sectors  ₹18,000 Crore Additional outlay for PM Awaas Yojana – Urban  Relaxationof Earnest Deposit Money & Performance Security on Government Tenders  Increase in differential between circle rate and agreement value to 20% providing Income Tax relief for Developers & Home Buyers  ₹6,000 crore equity investment in debt platform of National Investment and Infrastructure Fund (NIIF)  ₹65,000 Crore for subsidized fertilizers provided to support agriculture  Additional outlay of ₹10,000 Crore has been provided for PM Garib Kalyan Rozgar Yojana  ₹3,000 crore boost to be given for project exports through ass