News Update

Finance Commission concludes deliberationsGovt working on production-linked sops for more sectorsOfficers who are invested with powers u/s 53 of the NDPS Act are 'police officers' within the meaning of s.25 of the Evidence Act: SC by MajorityCus - 200% Customs duty on imports from Pakistan not applicable as goods entered territory of India prior to the issuance/uploading of the notification 5/2019-Cus dt. 16.02.2019 at 8.45 pm: HCIDS - Input Services & capital goods - Awaiting their fateCus - Kerala gold smuggling case - Power of Customs Department to question applicant u/s 108 cannot be curtailed by granting anticipatory bail: HCStatement recorded u/s 67 cannot be used as a confessional statement in the trial of an offence under the NDPS Act: SC by MajorityCOVID-19 - Second wave is back with vengeance - Over 5 lakh daily global caseload is backFinance Commission to submit its report to President of India on Nov 9ITR filing - CBDT extends due date including that of Audit reportST - Advertisement and Business Promotion, Bank Charges, Brokerage, Housekeeping Services, Insurance Service, Legal and Professional Service, Manpower Consultancy Service, Security services, Telephone & Internet Services are Input services; credit admissible: CESTATCOVID Effect - Devolution of taxes - States get Rs 51K Crore less so farPakistan wittingly admits a hand in Pulwama terror attackCX - Once the proportionate reversal of CENVAT credit takes place, it tantamounts to non-availing of credit: CESTATCus - Ignorance of law and cooperation in investigation are mitigating factors & per se cannot take away the guilt of attempting to bring goods into India without payment of duty: CESTATGovt issues draft 'Coastal Shipping Bill, 2020' for public consultation47-day delay in filing appeal is condoned where caused by the assessee having to change the legal counsel handling the matter: ITAT'Filthy Air' Saga - Is it not a case of Pot calling Kettle black!Penalty notice issued u/s 271(1)(c) r/w Section 274 is sustainable where the AO omits to strike off the relevant charge u/s 271(1)(c), for which such penalty was imposed: ITATGovt exempts cash allowance of Rs 36K towards LTC of non-Govt employeesPenalty in respect of bogus purchases, cannot be levied where it is based on an estimation of the assessee's income from such purchases: ITATGST - DGGI nabs man accused of Rs 392 Cr ITC fraudBank credit grows by over Rs one lakh crore in Sept monthIncome tax raids real estate developer; finds dummy companies with investment overseasGST - Another kingpin nabbed in Rs 1278 Cr ITC fraudUS economy recovers in Q3 - grows at 7.4%Govt reduces tariff value of gold and silver but hikes the same for edible oilsPatient Assistance Proramme - Drugs of many companies exempted from Customs dutyCore Sector output shrinks by 0.8% in Sept monthCabinet approves extension of norms for mandatory packaging in Jute MaterialsPradhan invites Global Oil & Gas majors to partner India in energy transition
42 Cr poor received financial aid under PMGKP

By TIOL News Service

NEW DELHI, SEPT 08, 2020: As part of the Rs 1.70 lakh crore Pradhan Mantri Garib Kalyan Package (PMGKP), the Government announced free food grains and cash payment to women and poor senior citizens and farmers. The swift implementation of the package is being continuously monitored by Central and State governments. Around 42 crore poor people received financial assistance of Rs 68,820 crore under the Pradhan Mantri Garib Kalyan Package.

  • Rs 17,891 crore front loaded towards payment of the first instalment of PM-KISAN to 8.94 crore beneficiaries.
  • Rs 10,325 crore credited to 20.65 crore (100%) women Jan Dhan account holders as first installment. Rs. 10,315 crore credited to 20.63 crore (100%) women Jan Dhan account holders with second installment. Rs. 10,312 crore credited to 20.62 crore (100%) women Jan Dhan account holders with third installment.
  • Total Rs 2,814.5 crore disbursed to about 2.81 crore old age persons, widows and disabled persons in two installments. Benefits transferred to all 2.81 crore beneficiaries in two i n stallments.
  • 1.82 crore Building & construction workers received financial support amounting to Rs 4,987.18 crore .

Ø Under Pradhan Mantri Garib Kalyan Ann Yojana , 37.52 LMT of food grains has been distributed to 75.04 crore beneficiaries in April '20, 37.46 LMT distributed to 74.92 crore beneficiaries in May '20, and 36.62 LMT distributed to 73.24 crore beneficiaries in June '20. Scheme was further extended for 5 months till November. Since then, 98.31 LMT foodgrains has been lifted by States /UTs so far. In July '20 36.09 LMT food grains has been distributed to 72.18 crore beneficiaries, in August '20 30.22 LMT distributed to 60.44 crore beneficiaries, and in September '20 1.92 LMT distributed to 3.84 crore beneficiaries as on 7 th September,2020.

Ø In addition under Pradhan Mantri Garib Kalyan Ann Yojana , total of 5.43 LMT pulses has also been distributed to 18.8 crore beneficiaries between April – June '20 . This Scheme was also extended for 5months till November,2020 for distribution of Chana . 4.6 LMT Chana has been dispatched so far.  In July 1.03 LMT Chana has been distributed to 10.3 crore beneficiary households, in August 23,258 MT distributed to 2.3 crore beneficiary households. As on 7 th September,2020 , 1475 MT of Chana distributed to 0.15 crore beneficiary households in September , 86 MT distributed to 0.008 crore beneficiary households for October , and 40 MT distributed so far to 0.004 crore beneficiary households for November .

Ø Under Atma Nirbhar Bharat , Government announced supply of free food grains & Chana to migrants for 2 months . The estimated number of migrants provided by the States was about 2.8 crore migrants. During the distribution period up to August, total 2.67 LMT of food grains was distributed to 5.32 crore migrants. This works out to an average of about 2.66 crore beneficiaries per month, which is nearly 95% of the estimated number of migrants. Similarly, Under Atma Nirbhar Bharat, total quantity of Chana distributed is 16,417 MT to 1.64 crore migrant households, which is 82 Lakh households on an average per month.

  • Total 8.52 crore Pradhan Mantri Ujjwala Yojana ( PMUY) cylinders have been booked and already delivered for April and May 2020 under this Scheme so far. 3.27 crore PMUY free cylinders delivered to beneficiaries for June 2020, 1.05 crore for July 2020, 0.89 crore for August 2020, and 0.15 crore for September 2020.
  • 36.05 Lakh members of EPFO has taken benefit of online withdrawal of non-refundable advance from EPFO account amounting to Rs. 9,543 crore.
  • 24% EPF contribution transferred to 0.43 crore employees amounting to Rs. 2476 crore. Benefits for March were given to 34.19 lakh employees amounting to Rs. 514.6 crore, for April given to 32.87 lakh employees amounting to Rs. 500.8 crore, for May given to 32.68 lakh employees amounting to Rs. 482.6 crore, for June given to 32.21 lakh employees amounting to Rs. 491.5 crore, for July given to 30.01 lakh employees amounting to Rs. 461.9 crore, and for August given to 1.77 lakh employees amounting to Rs. 24.74 crore.
  • MNERGA : Increased rate of  has been notified w.e.f 01-04-2020. In the current financial year, 195.21 crore person's man-days of work generated. Further, Rs 59,618 crore released to states to liquidate pending dues of both wage and material.
  • Under District Mineral Fund ( DMF) , States have been asked to spend 30% of the funds, which amounts to Rs. 3,787 crore and that Rs. 343.66 crore has been spent so far.