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04/02/2024
01/02/2022

Respected Member,
Please find below *Highlights of Union Budget 2022-23*.
*General*
1. Paperless Budget. Presented on Tab by the FM
2. Economic Growth to be 9.2% for FY 2022-23
3. Railways to develop projects for MSME small businesses
4. ECLGS Scheme extended till March 2023
5. E-Passports will be rolled out in FY 2022-23
6. Battery swapping policy will be implemented
7. SEZ will be replaced with new legislation
8. RBI to issue digital Rupee in FY 2022-23
*Direct and Indirect tax*
1. New updated Tax Return Forms
2. Updated ITR can be filed within 2 years from the end of relevant AY.
3. Reduce AMT for Cooperative Society from 18.5% to 15% & Surcharge reduced from 12% to 7%.
4. Tax relief for person with disability.
5. Tax deduction limit to NPS Account by state government employees raised to 14% from 10% in line with Central Government employees.
6. Gain on Virtual Digital Asset (VDA) taxed @ 30%. No deduction allowed and no set off allowed.
7. TDS @ 1% on transfer of VDA.
8. Surcharge on LTCG capped at 15%.
9. No set off of loss with the income arises during search operations.
10. Date of tax incentive for startup extended to March 2023.
11. Custom Duty on umbrellas 20%

07/01/2022

With effect from 0.00am on January 8 (Hong Kong time), the Government will invoke the Regulation (Cap. 599H) to implement the place-specific flight suspension mechanism for eight specified places, including Australia, Canada, France, India, Pakistan, the Philippines, the United Kingdom and the United States of America.

All passenger flights from these eight places will be prohibited from landing in Hong Kong. At the same time, persons who have stayed in these places for more than two hours on the scheduled day of departure or during the 21 days before that day (the 21-day Period), will be restricted from boarding passenger flights for Hong Kong. The above measure will tentatively last for 14 days (to January 21), and the Government will review in due course whether the place-specific flight suspension mechanism should be lifted or continued by taking into account the latest global and local epidemic developments."

07/01/2022

Air India

*In view of recent uncertainties due to surge in COVID cases India and as a toll to instil passenger confidence, with immediate effect it has been decided to offer ONE FREE CHANGE for all tickets with confirmed travel on/before 31 March 2022.*

Terms & Conditions below,

*One free change applicable to all confirmed tickets with travel date till 31 March 2022, both FIT and Ticketed Groups.*

Change is defined as change in date or flight number or sector. *Terms & Conditions:*

1. Applicable to all 098 documents issued with PURE Domestic itinerary.

2. Travel date – Applicable on all tickets issued with current Travel Date on/before 31 March 2022 and passenger can rebook for any new future date within the validity of their existing tickets.

3. Free change option is offered irrespective of date of purchase of the ticket.

4. Passengers availing Free change option has to necessarily follow respective timelines for change as per fare rules. Failure may result in no-show.

5. In case passengers decides to change sector ONLY reissuance charges to be waived once, other charges to apply.

6. Applicable for all classes and also all types of concessionary tickets and FFP redemption tickets.Waiver code to be used

30/11/2021
British High Commissioner Alex Ellis had tweeted that the UK would recognise Covaxin for travel from November 22. He too...
25/11/2021

British High Commissioner Alex Ellis had tweeted that the UK would recognise Covaxin for travel from November 22. He took to Twitter and tweeted

https://timesofindia.indiatimes.com/travel/travel-news/uk-approves-india-made-covaxin-for-travel/as87854512.cms

The UK’s approval of India-made Covaxin has come into effect from today. Covaxin is now in the UK’s approved list of COVID-19 vaccines for international travellers. The news is huge and comes as a relief for thousands of travellers from India vaxxed with the Bharat Biotech-manufactured vaccine. ...

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