Ministry of Finance issues clarification on applicable GST rates on alcohol-based hand sanitisers

The Ministry of Finance on July 15, 2020 has issued a press release to provide clarification on GST rates applicable on alcohol-based hand sanitisers. The Ministry has further clarified that the GST rates applicable on alcohol-based hand sanitisers is 18 percent which has been decided by the Central and State Government. Further, the Ministry statedContinue reading “Ministry of Finance issues clarification on applicable GST rates on alcohol-based hand sanitisers”

CBIC modifies Tariff Value for Edible Oil, Brass Scrap, Poppy Seeds, Areca Nut and Silver as on July 15, 2020

The Central Board of Indirect Taxes and Customs (CBIC) on July 15, 2020, has amended the tariff Notification in respect of fixation of tariff value of the following goods: Crude Palm Oil RBD Palm Oil Others – Palm Oil Crude Palmolein RBD Palmolein Others – Palmolein Crude Soya bean Oil Brass Scrap (all grades) PoppyContinue reading “CBIC modifies Tariff Value for Edible Oil, Brass Scrap, Poppy Seeds, Areca Nut and Silver as on July 15, 2020”

CBIC amends all industry rates of duty drawback effective from July 15, 2020

The Central Board of Indirect Taxes and Customs (CBIC) on July 15, 2020 amends all the industry rates of Duty Drawback. The amendments have been made in the notification issued by the Ministry on July 13, 2020 vide notification no. 56/2020- Customs (N.T.).  Following amendments have been made in the notification:  • AIR’s have been enhancedContinue reading “CBIC amends all industry rates of duty drawback effective from July 15, 2020”

CBIC facilitates suggestions for review of existing customs duty online

The Central Board of Indirect Taxes and Customs (CBIC) on July 21, 2020 has issued a notification for crowd sourcing of suggestions for review of existing customs duty exemption notifications or customs laws and procedures. The government has taken a step forward to institute a facility at Mygov Innovate portal for all the stakeholders andContinue reading “CBIC facilitates suggestions for review of existing customs duty online”

EPFO implements the PMGKY package for Employee and Employer contribution for three months

The Employees’ Provident Fund Organisation (EPFO) on April 10, 2020, implement the Pradhan Mantri Garib Kalyan Yojana (PMGKY) for credit of employer’s and employee’s contributions (24% of wages) for three months. As per the PMGKY package, EPFO will pay 24% of the monthly wages into EPF account for next three months of Wage earners belowContinue reading “EPFO implements the PMGKY package for Employee and Employer contribution for three months”

EPFO extends the due date of filing of Electronic Challan Cum Return for the wage month of March 2020

The Employees’ Provident Fund Organisation (EPFO) on April 15, 2020, has extended the due date of payment of contributions, administrative charges and inspection charges. Due to the sudden outbreak of COVID-19 pandemic, the authority has decided to allow grace period of 30 days that is from April 14, 2020 to May 15, 2020, for filingContinue reading “EPFO extends the due date of filing of Electronic Challan Cum Return for the wage month of March 2020”

ESIC adopts the circular regarding extension of validity of CGHS in view of the Corona Virus

The Employees’ State Insurance Corporation (ESIC) on June 04, 2020, adopts the circular regarding extension of validity of Central Government Health Scheme Cards (CGHS) in view of the Covid-19 infection that is issued by the Ministry of Health and Family Welfare (MoHFW). According to the Circular:  In case of pensioner beneficiaries whose CGHS cards areContinue reading “ESIC adopts the circular regarding extension of validity of CGHS in view of the Corona Virus”

UGC revises curriculum based on Learning Outcomes based Curriculum Framework

The University Grants Commission (UGC) on June 24, 2020 has requested all Universities to adopt Learning Outcomes based Curriculum Framework (LOCF) in all higher education institutions by updating curriculum from academic year 2019-20 and adopting learner centric teaching learning processes by suitable improvement in the pedagogy. The UGC has formed a specific Expert Committees toContinue reading “UGC revises curriculum based on Learning Outcomes based Curriculum Framework”

UGC extends the last date for submission of online application for NSQF

The University Grants Commission (UGC) on July 08, 2020 issues the Standard Operating Procedure (SOP) for conduct of examinations. The University Grants Commission (UGC) on June 30, 2020 invites applications from institutions for running skill-based programmes under National Skills Qualifications Framework (NSQF) for the academic year 2020-21. The applications shall be submitted through online portal.Continue reading “UGC extends the last date for submission of online application for NSQF”

UGC issues Standard Operating Procedure for conduct of examinations

The University Grants Commission (UGC) on July 08, 2020 issues the Standard Operating Procedure (SOP) for conduct of examinations. The following SOP has been issued:- The instructions, guidelines and orders issued by Central and State Governments to be followed concerning the opening of educational institutions and safety and health. The identity cards issued to theContinue reading “UGC issues Standard Operating Procedure for conduct of examinations”

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