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Govt decides to issue all pending income-tax refunds up to INR 5 lakh to be released

The Income Tax Department will release all pending income tax refunds up to INR 5 lakh immediately, in a move that will benefit around 14 lakh taxpayers. The department of Revenue under the Ministry of Finance informed that All GST and custom refunds will also be released, which will provide benefit to around 1 lakh business entities, including MSMEs. The finance ministry said the total refund amount will be to the tune of INR 18,000 crore. Src: https://bit.ly/3e6WOOv

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India issues temporary ban on air travel from Japan and South Korea

Given the recent outbreak of Coronavirus, the Immigration Office, Ministry of Home Affairs, said visa on arrival service has been temporarily suspended for Japanese and South Korean nationals. According to media reports, South Korea's total number of cases affected by viruses has risen to 2 022, including 13 deaths. Health authorities have zeroed in on Jesus' Shincheonji Church in Daegu where it has since mushroomed into the first coronavirus outbreak outside of China. Src: https://bit.ly/32zeAEq

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US President Donald Trump will raise religious freedom issue during India visit: Sources

According to sources, US President Donald Trump will be raising the issue of religious freedom with PM Narendra Modi and also talk about shared tradition of democracy during his scheduled visit to India. It was further reported that Trump will talk about both of these issues "in his public remarks and then certainly in private”. The US President is also expected to call for equal treatment of religious minorities and urge India and Pakistan to resolve their differences bilaterally. Src: https://bit.ly/38Q1F3u

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Govt approves acquisition of 24 US-made MH-60 choppers for Navy

Ahead of US President Donald Trump's visit to India, the Cabinet Committee on Security (CCS) gave its nod to the acquisition of 24 US-made MH-60 Romeo multi-role helicopters worth around USD 2.5 billion for the Indian Navy. MH-60 Romeo choppers are designed to hunt submarines as well as knock out ships and perform search and rescue operations at sea and will replace India's ageing fleet of helicopters made by the British Sea King. The announcement concerning the MH-60 Romeo choppers and the six Apache attack helicopters for the Army will be revealed during Trump's visit on 24-25 February. Src: https://bit.ly/37E6cVn

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