Policies

nationwide coverage for uncommon ailments: Govt exempts import responsibility on medicine, meals wanted for particular medical functions

The federal government on Thrusday exempted primary customs responsibility on all medicine and meals for particular medical functions imported for private use for therapy of uncommon ailments, said a authorities press launch. The import responsibility waiver will come into impact from April 1. Additionally, the federal government has exempted Pembrolizumab (Keytruda), utilized in therapy of […]

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NRI Tax Payers: Non-resident taxpayers with out PAN can file Kind 10F manually until September 30

New Delhi: The non-resident taxpayers who shouldn’t have a everlasting account quantity or aren’t required to have one are exempted from obligatory digital submitting of Kind 10F until September 30, 2023. It will deliver some aid to the difficulties confronted by non-residents in claiming advantages of the tax treaty in addition to to the resident […]

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rbi rate of interest: RBI to lift charges as soon as extra on April 6, keep on pause mode thereafter: Ballot

The Reserve Financial institution of India will elevate its essential rate of interest by 25 foundation factors on April 6 after which pause for the remainder of the 12 months, in accordance with a Reuters ballot of economists who stated the central financial institution would nonetheless keep its tightening stance. Inflation in Asia’s third-largest economic […]

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PAN-Aadhaar Linking: Authorities prone to prolong PAN-Aadhaar linking deadline; could cost late payment

The federal government is prone to prolong the deadline for linking the everlasting account quantity with Aadhaar by one other two-three months, officers mentioned. The Central Board of Direct Taxes may difficulty a notification to this impact quickly, a authorities official, aware about the event, instructed ET. Nonetheless, a payment should be paid for the […]

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Authorities to announce first PLI for drones quickly

The federal government will announce the primary set of production-linked incentives (PLI) for drones quickly, civil aviation secretary Rajiv Bansal mentioned on Monday on the CII Worldwide Convention and Exhibition on Superior and Brief Haul Air Mobility for All in Bengaluru. He mentioned 15 drone classes have been licensed to date. Bansal mentioned the federal […]