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CBDT takes further steps to ease compliance for taxpayers due to COVID-19 pandemic.Vide order u/s 119 of IT Act, 1961 in Circular No.10/2020 dt 24/04/2020, the reporting under clause 30C & 44 of Tax Audit Report shall be kept in abeyance till 31st March, 2021. Source: https://t.co/n14rQ9ttNm

Home Ministry issues clarification on its order of opening of shops: =>In rural areas, all shops, except those in shopping malls are allowed to open.=>e-Commerce cos will continue to be permitted for essential goods only=>sale of liquor and other items remains prohibited https://t.co/FG6pXYRLYZ

@HMOIndia allows opening of shops registered u/Shops & establiment act of states. Shops can operate w/50% strength. Mkt complexes outside limit of municipal corporations, can be opened while complexes within the limit of corporations, will be shut. Shops in malls will be shut https://t.co/hV31gvie5r

#MCA in furtherance of its earlier relaxations has extended the validity period of names and also the period for resubmission of forms for #companies and #LLPs under #incorporation https://t.co/mX8Mip280m

Centrum Broking has increased target price on Reliance Jio by 10%. Nischal Maheshwari #OnCNBCTV18 says Jio's valuation post #Facebook deal was higher than our estimates #FacebookRelJiodeal https://t.co/7KRNikcOkC

US President @realDonaldTrump signs proclamation suspending immigration into US; justifies the same on grounds of health & domestic unemployment. Presidential notification says, ‘It's policy of US to enforce this proclamation to maximum extent possible to advance interests of US’ https://t.co/CldTMYvrD0

Glenmark has managed to develop API for anti-viral drug, Favipiravir. Clinical Trials will last around 14 days to 1 month. Once the company passes through clinical trials, it can launch the drug in Indian market: Sources to @ekta_batra https://t.co/hifJxm5fwn