Income Tax Department To Release All Pending IT Refunds Up To Rs. 5 Lakhs Immediately; All GST & Custom Refunds Also To Be Released [Read Press Note]

first_imgNews UpdatesIncome Tax Department To Release All Pending IT Refunds Up To Rs. 5 Lakhs Immediately; All GST & Custom Refunds Also To Be Released [Read Press Note] LIVELAW NEWS NETWORK8 April 2020 7:55 PMShare This – xThe Central Government has decided to issue all the pending income-tax refunds up to Rs. 5 lakh immediately, with a view to provide immediate relief to the business entities and individuals amid the lockdown. The move will benefit around 14 lakh taxpayers. It has also been decided to issue all pending GST and Custom refunds which would provide benefit to around 1 lakh…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Central Government has decided to issue all the pending income-tax refunds up to Rs. 5 lakh immediately, with a view to provide immediate relief to the business entities and individuals amid the lockdown. The move will benefit around 14 lakh taxpayers. It has also been decided to issue all pending GST and Custom refunds which would provide benefit to around 1 lakh business entities, including MSME. Thus, the total refund granted will be approximately Rs. 18,000 crore. A notification intimating the same was issued by the Revenue Department of the Union Finance Ministry today. Delete Income Tax Department to release all pending Income Tax refunds up to Rs. 5 lakhs immediately.All GST & Custom refunds also to be released.#IndiaFightsCorona For more details: https://t.co/oQhai2nNAy pic.twitter.com/rj6cOlfNhi— Ministry of Finance 🇮🇳 #StayHome #StaySafe (@FinMinIndia) April 8, 2020 This is amongst the many relaxations announced by the Union Finance Ministry in view of the lockdown. Earlier, Finance MInister Nirmala Sitharaman had announced complete waiver of minimum balance charges for savings bank accounts for next three months and also waiver of charges on ATM withdrawal. Read Press Note Next Storylast_img read more

HMAS Newcastle Enters the Magnetic Treatment Facility

first_img View post tag: enters HMAS Newcastle Enters the Magnetic Treatment Facility View post tag: facility View post tag: HMAS View post tag: Defense On Wednesday 01 May 2013, HMAS Newcastle entered the Magnetic Treatment Facility at Fleet Base West in order to undertake deperming.The Magnetic Treatment Facility provides the capability to reduce, alter and stabilise the permanent magnetism in steel hulled vessels – limiting the issue of magentic variation in readings from the ship’s navigation systems.Since the advent of the magnetic influence mine in World War II, steel hulled ships and submarines have been vulnerable to disablement and destruction due to the triggering of mines by the vesselís magnetic field. Normally, these fields are reduced by the onboard degaussing system, however when the magnitude of the vessels field is too large for the onboard system to compensate, the vessel must undergo magnetic treatment.Significant magnetic effects may arise in any object containing ferro-magnetic material. The strength of the magnetic field is determined by the shape and composition of the object, and the ambient magnetic field. For a ship or submarine, the field is complex and changes with heading and location. The measured field is three dimensional in nature and is expressed in terms of three mutually independent orthogonal components; being the longitudinal, athwartships and vertical fields. The total field is the vector sum of these components. Magnetic signature minimisation can be achieved by Magnetic Treatment (or Deperming) and Degaussing.Magnetic treatment involves wrapping large cables around the hull, forming a solenoid, to induce a controlled longitudinal field into the vessel. The vessel is then berthed in the Magnetic Treatment facility which also has a built in coil to generate a vertical magnetic field. By controlling the current (and hence the magnetic field) in both of these coils, significant reduction in the permanent magnetisation can be achieved.The Magnetic Treatment Facility located at HMAS Stirling, is the only facility in Australia capable of performing the deperming function.HMAS Newcastle is the first surface fleet unit to enter the Magnetic Treatment Facility since the facility underwent a period of maintenance and upgrade in February/March 2013.[mappress]Press Release, May 15, 2013; Image: Australian Navy Share this article May 15, 2013 View post tag: Naval View post tag: Defence View post tag: News by topic View post tag: Magnetic View post tag: Navy Back to overview,Home naval-today HMAS Newcastle Enters the Magnetic Treatment Facility Industry news View post tag: Newcastle View post tag: Treatmentlast_img read more

Video: Fitness Goals – Bodybuilding at 80

first_imgErnestine Shepherd defies nearly every physical stereotype for an 80-year-old woman. For one thing, she’s ripped.In fact, she’s a record-holding bodybuilder who spends more than 30 hours each week exercising.But get this: she didn’t so much as pick up a dumbbell until she was in her 50s! Now she’s training other women and completely embodying her nickname, “Granny Six-Pack.”last_img