The government has relaxed the provisions of the Income-tax Act in view of COVID-19. Now, all hospitals, nursing units, dispensaries and COVID care centers will be able to accept cash over two lakh rupees from the patients. Daily Current Affairs Quiz 2021 The Income-tax Act, 1961 is the ...

First consignment of millets grown in Himalayas from snow-melt water of Ganges in Dev Bhoomi (Land of the God), Uttarakhand would be exported to Denmark, in a major boost to organic products exports from the country. Daily Current Affairs Quiz 2021 APEDA, in collaboration with Uttarakhand ...

Imports of COVID-19 relief material, including vaccines, medical oxygen and Remdesivir vials have waived off IGST. The exemption has been granted till 30th June for the free distribution of these medical supplies. Earlier the Centre had waived the import duty & health cess on such medical ...

The government has announced various relief measures for taxpayers under GST law including a reduction in the interest rate and waiving of late fees. Daily Current Affairs Quiz 2021 A lower rate of interest of 9 per cent for the first 15 days from the due date of payment of tax and 18 per ...

The Ministry of Finance, Government of India has decided to provide an additional amount of up to Rs 15,000 crore to States as an interest-free 50-year loan for spending on capital projects. Daily Current Affairs Quiz 2021 The Department of Expenditure has issued fresh guidelines in this ...

Agriculture Infrastructure Fund has crossed the Rs. 8000 crore mark after receiving 8,665 applications worth Rs. 8,216 crores. Daily Current Affairs Quiz 2021 The largest share of the pie is contributed by Primary Agricultural Credit Societies (PACS) (58%), agri-entrepreneurs (24%) and ...

Trade ministers of India, Japan and Australia formally launched the Supply Chain Resilience Initiative (SCRI) to counter China’s dominance of supply chain in the Indo-Pacific region. Daily Current Affairs Quiz 2021 The Supply Chain Resilience Initiative aims to create a virtuous cycle of ...

The Reserve Bank of India capped both the tenure and age limit for senior management including that of chairmen in all private banks. While the cap for non-executive directors, and chairman is set at 75 years, their tenure is fixed for 8 years. Daily Current Affairs Quiz 2021 These ...

India has recorded 30 percent increase in agricultural export last year in comparison to 2019-20 financial year despite Covid-19 situation. Daily Current Affairs Quiz 2021 Around 1.3 lakh crore rupees of export business was recorded last year in comparison to 1.1 lakh crore rupees in ...

Union Commerce Secretary recently reported that India does not see any logic in the United States putting it on a monitoring list of currency manipulators. Daily Current Affairs Quiz 2021 The U.S. Treasury Department had recently retained India on a watchlist for currency manipulators ...