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Employees’ Provident Fund Organization, EPFO

Employees’ Provident Fund Organization, EPFO: The Central Board of Trustees (CBT) which is the apex decision-making body of Employees’ Provident Fund Organization, EPFO has approved constitution of four sub-committees comprising members of the Board from employees, employers’ side as well as from representatives of the Government side on different matters. Two committees on Establishment related […]

Special Credit Linked Capital Subsidy Scheme

Special Credit Linked Capital Subsidy Scheme: The Ministry of Micro, Small and Medium-sized Enterprises (MSMEs) launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector. The scheme will help in meeting the technology-related requirements of enterprises in the services sector. It has a provision of 25% capital subsidy for procurement of plant […]

Cairn’s Offer On Retrospective Tax

Cairn’s Offer On Retrospective Tax: Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC undertakings which would allow for the refund of taxes. The company will now be issued a ₹7,900 crore refund. In December 2020, a three-member international arbitral […]