Removing doubt on Tax Collection at Source on certain goods under Finance Act 2020

Finance Act, 2020 amended provisions relating to TCS with effect from 1st October, 2020 to provide that seller of goods shall collect tax @ 0.1 per cent (0.075% up to 31.03.2021) if the receipt of sale consideration from a buyer exceeds Rs. 50 lakh in the financial year. Further, to reduce the compliance burden, it has been provided that a seller would be required to collect tax only if his turnover exceeds Rs. 10 crore in the last financial year. Moreover, the export of goods has also been exempted from the applicability of these provisions.

Removing doubt on Tax Collection at Source on certain goods under Finance Act 2020

Superstitions in India

Superstition refers to any belief or practice that is explained by supernatural causality, therefore contradicting modern science. Some beliefs and practices that are considered superstitious by some may not be considered so by others. The gap between what is perceived as superstitious and what is not widens when the opinions of the public and scientists are considered. Common superstitions in […]

Superstitions in India

AM General Wins $458 Million for High Mobility Multipurpose Wheeled Vehicle Spare Parts

AM General, South Bend, Indiana, has been awarded a maximum $297,124,077 firm-fixed-price, indefinite-quantity contract for High Mobility Multipurpose Wheeled Vehicle parts. This was a sole-source acquisition using justification 10 U.S. Code 2304(c)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a three-year base contract with two one-year option periods. Location of performance is Indiana, […]

AM General Wins $458 Million for High Mobility Multipurpose Wheeled Vehicle Spare Parts

Crimes against Women: soot on the golden image of Bharatvarsh

Article by – Shishir Tripathi Intern at Hariyali FoundationIn collaboration withEducational News From ancient times, India has been known for its culture, its traditions and the simple lifestyle that people follow here, diverse geographical and cultural variations. But still India is also known to be as one of the most unsafe countries for women. Mentioning […]

Crimes against Women: soot on the golden image of Bharatvarsh

Army of the US

The US Army Strategy, published in late 2018, continued the army’s shift from a focus on counterinsurgency to high-intensity conflict `involving large-scale combat with Division and Corps-level maneuvers against near-peer competitors’. The strategy has four lines of effort: building readiness; modernisation; reform; and strengthening alliances and partnerships. Building readiness for war and large-scale contingencies remains […]

Army of the US

U.S. Air Force MQ-9A Reaper Takes Flight with 8 AGM-114 Hellfire Missiles

The 556th Test and Evaluation Squadron conducted the first flight of the MQ-9A Reaper carrying eight live AGM-114 Hellfire missiles on September 10, 2020, reinforcing the platform’s “persistent attack” role. The new software allows flexibility to load the Hellfire on stations that previously were reserved for 500 lb. class bombs or fuel tanks.This new capability […]

U.S. Air Force MQ-9A Reaper Takes Flight with 8 AGM-114 Hellfire Missiles
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