The Ministry of Finance issued a
clarification that the Financial Year has not been extended. The clarification
was issued to clear the confusion about the extension of the Financial Year
caused after a notification was released by the Government of India about the
amendments in the Indian Stamp Act. After the notification was released many
people misquoted it and a fake news was circulated on social media regarding the
extension of the Financial Year. However, the government later made it clear
that the notification is being misquoted and it does not talk about the
extension of the Financial Year but pertains to amendment in the Indian Stamp
Act.
Tuesday, 31 March 2020
Monday, 30 March 2020
The CBDT has changed the format of
Income Tax Form 16 Part B for the Financial Year 2019-20 since the 12 May 2019. This Format is more explore the
employee’s Salary Details.
The
Reserve Bank of India has clarified that all lending institutions are permitted
to grant a moratorium of three months on payments of all instalments on term
loans, including credit cards.
Sunday, 29 March 2020
What might work, what probably doesn’t, and what’s flat-out wrong
Here’s a lot of misinformation and half-truths going around right now about
the novel coronavirus. That’s understandable — the virus is very new
and doctors and scientists are still learning about how the infection works and the best ways to treat it. The news being reported about tests, symptoms, and treatments is conflicting at times, which is
confusing. Plus, everyone wants to protect themselves as best they can, so it
makes sense that people will try anything to stave off the virus, proven or
not.
Coronavirus attacks the
lungs. In some cases, your throat and chest may rattle from the effort just to
breathe. It’s fast become common knowledge that ventilators can be a
life-saving intervention — and that there simply aren’t enough of the machines to meet the growing number of
patients. As a last resort, some hospitals are deploying the experimental technique of hooking two patients up to one
unit.
Friday, 27 March 2020
Several banks have revised their operating times and
suspended non-essential banking services because of the rising novel
coronavirus (COVID-19) cases in India. Banking services like passbook updates,
counter cheque collections have been restricted as the banks promote social
distancing.
Subscribe to:
Posts (Atom)