Uncategorized

Rs 90,000 crore Liquidity Injection for DISCOMs

by EDITOR · May 13, 2020

• Revenues of Power Distribution Companies (DISCOMs) have plummeted.
• Unprecedented cash flow problem accentuated by demand reduction
• DISCOM payables to Power Generation and Transmission Companies is currently ~ Rs 94,000 cr
• PFC/REC to infuse liquidity of Rs 90,000 cr to DISCOMs against receivables
• Loans to be given against State guarantees for exclusive purpose of discharging liabilities of Discoms to Gencos.
• Linkage to specific activities/reforms: Digital payments facility by Discoms for consumers, liquidation of outstanding dues of State Governments, Plan to reduce financial and operational losses.
• Central Public Sector Generation Companies shall give rebate to Discoms which shall be passed on to the final consumers (industries)

Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns ; Late fee also rationalised for future tax periods
Recommendations of 43rd GST Council meeting COVID-19 related medical goods including Amphotericin B for free distribution given full exemption from IGST upto 31.08.2021 Custom duty exemption also given to Amphotericin B Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns ; Late fee also rationalised for future tax periods Simplification of… Read […]
Relief to small taxpayers in 43rd GST Council’s Meeting
Outcomes of 43rd GST Council Meeting, chaired by Hon’ble Finance Minister, Nirmala Sitharaman. Hon’ble finance minister Smt. Nirmala Sitharaman chaired the 43rd GST Council’s meeting (Goods and Services Tax Council meeting) on Friday 28 May 2021. This was long awaited meeting and held after the gap of seven months. From this meeting where the taxpayers… Read […]
Guidelines regarding cancellation of Registration under Rule 22 (3) of CGST Rules, 2017
Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing North Block, New Delhi Dated: 24th May, 2021 To, The Principal Chief Commissioners / Chief Commissioners of Central Tax Madam / Sir, Subject: Guidelines regarding cancellation of Registration under Rule 22 (3) of CGST Rules,2017- Reg. Kind attention is invited to… Read […]
GSTR 3B Guide : Pending Filing & Late fees
Form GSTR 3B under GST filing is an important & a main return filing form, given by the Government under the GST Regime. This form is used to release the monthly Tax Liabilities & will hold its significance until the implementation of the New GST Return System, in September (as per the most recent update)… Read […]
NIL GST Return by SMS is possible Now, CBIC issued Press release
GSTR 3B NIL monthly return is possible by SMS Now Central Board of Indirect Tax and custom today by press released announced about the facility of NIl GST Return filling through SMS. It is the major rollout and according to Government This Step will help over 22 lakhs taxpayers. By enabling sms facility the server… Read […]
Aatmanirbhar Bharat day 2 further measures announced by Finance Minister
Finance Minister announces short term and long-term measures for supporting the poor, including migrants, farmers, tiny businesses and street vendors• Free food grains supply to Migrants for 2 months. • Technology system to be used enabling Migrants to access PDS(Ration) from any Fair Price Shops in India by March,2021-One Nation one Ration Card • Scheme… Read […]
Finance Minister announce measures for relief to support Indian Economy’s Fight
Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19 Hon’ble Prime Minister Shri Narendra Modi yesterday announced a Special economic and comprehensive package of Rs 20 lakh crores – equivalent to 10% of India’s GDP. He gave a clarion call for ?????????? ???? ?????? or Self-Reliant India… Read […]
Notification No 42/2020- CGST Due Date for GSTR 3B extended
due date for furnishing FORM GSTR-3B, Jan-March, 2020 returns for the taxpayers registered in Ladakh. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 42/2020 – Central Tax New Delhi, the 5th May, 2020 G.S.R…..(E).–In exercise… Read […]
Notification No. 41/2020 Due date of GSTR 9/9C for FY 18-19 Extended
Due date for furnishing of FORM GSTR 9/9C for FY 2018-19 Extended till 30th September, 2020. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 41/2020 – Central Tax New Delhi, the 5 th May, 2020… Read […]
Notification No. 40/2020 – Central Tax Validity of Eway Bill generated during Lockdown
Seeks to extend the validity of e-way bills till 31.05.2020 for those e-way bills which expire during the period from 20.03.2020 to 15.04.2020 and generated till 24.03.2020. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 40/2020… Read […]

वित्त वर्ष 2020-21 के दौरान रिफंड के रूप में 2.61 लाख करोड़ रुपये जारी किए गए हैं April 9, 2021
वित्त वर्ष 2020-21 के लिए अनंतिम प्रत्यक्ष कर संग्रह में लगभग 5 प्रतिशत की वृद्धि दर्ज की गयी है शुद्ध प्रत्यक्ष कर संग्रह; वित्त वर्ष 2020-21 के 9.05 लाख करोड़ रुपये के प्रत्यक्ष कर संशोधित अनुमान का 104.46 प्रतिशत रहा है वित्त... The post वित्त वर्ष 2020-21 के दौरान रिफंड के रूप में 2.61 लाख […]
संपादक
कब है जन्माष्टमी, खत्म हुआ कंफ्यूजन August 21, 2019
दिल्ली में कब है जन्माष्टमी, खत्म हुआ कंफ्यूजन भाद्रपद कष्ण पक्ष की अष्टमी तिथि को देखें तो ये 23 अगस्त को सुबह 8 बजकर 8 मिनट से 24 अगस्त को सुबह 8 बजकर 31 मिनट तक है। कृष्ण जन्माष्टमी को कृष्णाष्टमी, गोकुलाष्टमी,... The post कब है जन्माष्टमी, खत्म हुआ कंफ्यूजन first appeared on विचार और […]
संपादक
छोटी ही रहना चाहती हूं…पापा June 15, 2019
छोटी ही रहना चाहती हूं…पापा, फादर्स डे पर विशेष अखबार पढ़ते हुये अचानक नजर पड़ी कि फादर्स डे आना वाला है। फादर्स डे जैसा चलन नए जमाने का है। सही मायनों में यह दिन पिता का दिन नहीं बल्कि बाजार का दिन... The post छोटी ही रहना चाहती हूं…पापा first appeared on विचार और समाचार.
संपादक
मई राशिफल May 2, 2019
1: मेष- जोश एवं उत्साह बना रहेगा, परन्तु कार्यक्षेत्र में यदि सूझबूझ से काम करेंगे तो आर्थिक लाभ भी होगा। व्यय की स्थिति सामान्य रहेगी। बच्चे मौजमस्ती में रहेंगे। आपका धर्म-कर्म में व बुजुर्गों की सेवा में मन लगेगा। पार्टनर से भी... The post मई राशिफल first appeared on विचार और समाचार.
संपादक
फारुख अब्दुल्ला, उमर अब्दुल्ला तथा महबूबा मुफ्ती के बयानों पर विनोद बंसल ने दिया ये जवाब April 15, 2019
फारुख अब्दुल्ला, उमर अब्दुल्ला तथा महबूबा मुफ्ती के बयानों पर विनोद बंसल ने लेख के माध्यम से दिया ये जवाब “देश-द्रोहियों के मताधिकार?” चुनाव नजदीक आते ही विविध राजनैतिक दलों व नेताओं में वाकयुद्ध प्रारम्भ हो जाता है। एक दूसरे पर आरोप-प्रत्यारोप... The post फारुख अब्दुल्ला, उमर अब्दुल्ला तथा महबूबा मुफ्ती के बयानों पर विनोद […]
संपादक

Rs 90,000 crore Liquidity Injection for DISCOMs

GST: GSTSEVA – gst.gov.in login site

Subscribe Updates

Sponsered