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Keeping in mind the COVID-19 Crisis FM Nirmala Sitharaman made a press conference on Compliances today:  *1. INCOME TAX* - Last date of filing Income Tax Return FY 2018-19 increased to 30.06.2020 - Interest Rate delayed payment reduced from 12% to 9% - Delayed deposit of TDS interest rate 9% till 30.06.2020 *2. Due date extended to 30.06.2020* - Aadhar- Pan Linking - Vivad se Vishwas Scheme - Sanction/Appeal/ Certificate/ Order/ Application etc including Investment in Saving Scheme, Capital Gain, Prohibition of Benami, Benami Law where due dates between 20th March to 29th June : All extended to 30th June *3. GST* - Last date of March, April and May of GST Return filing extended to 30.06.2020 - Companies less than 5 Crore : No late fees, interest, penalty - Companies more than 5 Crore : No late fees, penalty; Interest leviable at 9%  - Composition Scheme Option avail upto 30.06 *4. Customs and Central Excise* - Sabka Vishwas extended to 30.06.2020 - Customs Clearance will work ...

India  and  Myanmar  exchanged  10 Memorandums of Understanding  (MoUs) in different various fields including energy, infrastructure, health, transport and communication and conservation of Tigers and other Wildlife. The MoUs were exchanged following detailed talks between  Prime Minister Narendra Modi  and visiting  Myanmar President U Win Myint  in New Delhi Following is the list of 10 MoUs exchanged between the two nations: S.No MoU/Agreement Indian Signatory Myanmar Signatory 1 MoU on Cooperation for Prevention of Trafficking in Persons, Rescue, Recovery, Repatriation and Re-Integration of Victims of Trafficking Saurabh Kumar, Ambassador of India to Myanmar Moe Kyaw Aung, Ambassador of Myanmar to India 2 Agreement regarding Indian Grant Assistance for implementation of Quick Impact Projects (QIP) Saurabh Kumar; Ambass...

Budget 2020 Highlights Regarding Direct Taxes  1-Tax Payer Charter will announce soon 2-Tax Payer Statute coming Soon  3-Deposit Insurance raised up to Rs.500000/ 4- government stake in IDBI Bank will be sold  5- Government to sell part of his stake in LIC 6- Significant Tax Reforms undertaken 7-Removed 70 deduction around in new Tax resume 8-removed Dividend Distribution Tax , receiver will pay tax on such income . Now Dividend income will be taxable  9-New Manufacturing company tax rate will 15%  10- Start up exempt from tax turnover  upto 25 crore for 3 year  11- 44AB limit 5 crore for MSME 12-Circle rate and Actual Sale price difference increase to 10%  13-Faceless Appeal introduced  14-Sabka Vishwas scheme , pay tax and no penalty and interest upto June 2020. #Orporate

Budget 2020  Highlights Part 1 Finance Minister delivered major relief or salaried tax payer in her Budget Speech of 2020 today. FM Nirmala Sitharaman announced tax rate cuts and presented restructured tax-slabs for the FY 21. The 2 nd  Budget of Modi Government 2.0 slashed income tax rates by 10% for middle income group from Rs 5 to Rs 10 lakhs. Earlier in her speech, FM announced several new policy measures and new scheme starting from Kisan Rail, Krishi Udaan targeted at Agriculture sector.  She also announced an outlay of Rs 1 lakh crore for education sector along with announcement for development of 100 new airports and development of more Tejas-like trains. Addressing the menace of air pollution, she also earmarked RS 4,400 crores for the same. New Income Tax Rates - Old Regime vs New Revised Income Tax Slabs and Income Tax Rates Income Tax Slab Old Regime Income Tax Rate Revised Income Tax Rate Upto Rs 5 lakhs NA NA From Rs 5 to Rs 7.5 l...

Since 2014, the Modi government has started many welfare schemes. These schemes have been made for the welfare of different sections of society. Major schemes of the Modi government include Swachh Bharat Mission, Jan Dhan Yojana, Beti Bachao-Beti Padhao and Skill India. Let us know about the major schemes of the Modi government in this article. In this article we have compiled the list of important centrally sponsored schemes by the modi government. This list of schemes of Modi government is very useful for the upcoming exams to be held in India. Scheme/ programme Starting date        Purpose  1.  Jan Dhan Yojna 28 August, 2014  To connect more and more peoples from the banking services  2.  SKILL India Mission  28 August, 2014  Skill Development in Youth  3.  Make in India  28 September, 2014 Promoting manufacturing Sector in the country  4.  Swachchh Bharat Miss...

Current Affairs Question's Series Index => Current Affairs Question's Series Quiz Show all questions <=   => What is the name of the Biggest Airborne Exercise recently conducted by the Indian Army?   ?     Him Vijay   ?     Dhruv Shakti   ?     Yudh Abhiyas   ?     Winged Raider Which Indian satellite has been recently launched from French Guiana?   ?     RISAT 2B   ?     GSAT 30   ?     IRNSS 1H   ?     GSAT 7A Who has been recently conferred with the 29th Saraswati Samman Award?   ?     Vikram Seth   ?     Vasdev Mohi   ?     Padma Sachdeva  ...