Vivad Se Vishwas scheme: Govt extends time until June 30 for making funds



The federal government on Saturday prolonged the deadline for making fee underneath the direct tax dispute decision scheme Vivad Se Vishwas by two months until June 30 to ease hardships confronted by taxpayers amid the pandemic.


Additionally, it has prolonged the due date for issuance of discover for reopening of evaluation by tax officers the place earnings has escaped evaluation and sending intimation of processing of Equalisation Levy until June 30.



“It has additionally been determined that point for fee of quantity payable underneath the Direct Tax Vivad se Vishwas Act, 2020, with out an extra quantity, shall be additional prolonged to thirtieth June 2021,” Central Board of Direct Taxes (CBDT) stated in a press release.


The deadline for submitting declaration underneath the scheme ended on March 31.


The Vivad Se Vishwas scheme supplies for settlement of disputed tax, curiosity, penalty or charges in relation to an evaluation or reassessment order on fee of 100 per cent of the disputed tax and 25 per cent of the disputed penalty or curiosity or charge.


The taxpayer is granted immunity from levy of curiosity, penalty and

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At Shut of Enterprise: Matthew McKenzie on the three-day lockdown

In at present’s episode of At Shut of Enterprise, journalist Jordan Murray talks to journalist Matthew McKenzie about what the three-day lockdown means for WA.

Making headlines, WA enters a three-day lockdown following the Mercure Resort outbreak, the federal authorities leaves the door open to harsher inbound journey restrictions with India and Treasurer Josh Frydenberg continues his tour of WA.

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https://www.businessnews.com.au/article/At-Shut-of-Enterprise-Matthew-McKenzie-on-the-three-day-lockdown…

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Sustainability over wage for Indians amid Covid-19 pandemic: Research


The Covid-19 pandemic has elevated shopper deal with sustainability and willingness to pay out of their very own pockets — and even take a pay minimize — for a sustainable future, in response to a brand new IBM Institute for Enterprise Worth (IBV) survey of over 14,000 shoppers in 9 nations.


9 out of 10 shoppers surveyed reported that Covid-19 has affected their views on environmental sustainability.



Covid-19 was the highest issue cited in influencing their views — greater than others, together with widespread wildfires, bushfires, disasters as a result of climate occasions and information protection on the subject.


The survey additionally revealed variations in shopper opinion throughout geographies, with Individuals surveyed reporting the least concern for sustainability points.


For instance, solely 51 per cent of US shoppers surveyed stated addressing local weather change was extraordinarily vital to them, in comparison with 73 per cent of respondents from all different nations.


“The survey confirmed respondents worldwide are more and more involved concerning the international local weather disaster. We now have additionally noticed that companies in lots of industries wish to take motion to satisfy their clients’ and buyers’ expectations and

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Southeast Asian Leaders Set For Myanmar Disaster Talks

Southeast Asian leaders will maintain Myanmar disaster talks Saturday with junta chief Min Aung Hlaing who has grow to be the main target of worldwide outrage over a army coup and crackdown that has left greater than 700 lifeless.

The senior normal was anticipated on the Affiliation of Southeast Asian Nations (ASEAN) assembly in Indonesia’s capital, marking his first overseas journey since safety forces staged a coup that ousted civilian chief Aung San Suu Kyi in early February.

Mass protests by an indignant inhabitants have been met by a brutal crackdown that has left blood on the streets.





Individuals in Myanmar proceed to protest towards the junta
 AFP / STR

An estimated 250,000 folks have been displaced, in accordance with a UN envoy, with Myanmar’s democratically elected high leaders in hiding or beneath home arrest.

On Saturday, Indonesian President Joko Widodo and the Sultan of Brunei, the present chair of ASEAN, have been to be joined by leaders and overseas ministers from a lot of the 10-country group, which additionally consists of Singapore, Malaysia, Cambodia, Thailand, Vietnam, the Philippines and Laos.

Protests have been anticipated round ASEAN’s downtown headquarters, which is being ringed by heavy safety. The assembly was to

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