News Update

COVID-19 - India to vaccinate senior citizens from March 1 + Global death tally surpasses 25 lakh markFDA approves single-shot Johnson & Johnson COVID-19 vaccineCentre lifts embargo on grant of government business to private banksNepal Supreme Court puts life in dissolved Parliament; People jump out on streets for celebrationsCabinet approves PLI Scheme for PharmaceuticalsCabinet approves PLI Scheme for IT HardwareMetals, mining sector important for Aatmanirbhar Bharat: Dharmendra PradhanCabinet approves PLI scheme for IT hardware, pharmaceuticalsGST - It is established that on the issues raised, the Central Tax authorities have initiated proceedings and the same is pending - Application rejected: AARGST - Applicant MCGM is recipient of services and not supplier of services, hence their application is not maintainable: AARMega collision of oil tanker and SUV on Yamuna Expressway - 7 killedST - SVLDRS - Petitioner, in his statement had admitted ST liability of Rs. 6 crore - declaration rejected on the ground that amount of tax dues was not quantified, however, after rejection, SCN issued demanding ST of Rs. 6.13 crores - Order is unjustified, set aside: HCCus - Refund without challenging self-assessment order - Whether decision of SC can be applied retrospectively to those cases where refund had already been granted - Stay ordered of recovery proceeding: HCNoted Punjabi singer Sardul Sikandar succumbs to COVID-19 infectionGST - Petitioner unable to dispense salary to 15000 employees and discharge statutory dues because bank accounts have been attached - Revenue to file status report: HCCX - Appellants have been issued with discharge Certificate SVLDRS-04, therefore, appeals filed are disposed of: CESTATDefence Ministry approves acquisition of proposals worth Rs 13,700CrCentre rushes high-level support teams to 10 States, UT as COVID-19 cases riseESIC eases policy conditions for women to avail sickness, maternity benefitsGST - CBIC clarifies on applicability of Dynamic Quick Response Code on B2C invoicesJustice by weightTime limit for availing ITC7 IRS officers from CBIC join ED as Deputy DirectorsSec 271AAA & Exp 5A to Sec 271(1)(c) are distinct & operate in indepedent space; 200% penalty contemplated u/s 271(1)(c) only: ITAT
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