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COVID-19 Outbreak India: Read All Relief Measures Announced by FM for Various Sectors

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All Relief Measures by Indian Govt in coronaoutbreak

The Union Finance & Corporate Affairs Minister Niramla Sitharaman on March 24th, 2020, announced several relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors.

While addressing the press conference through video conferencing here today, Sitharaman announced relief measures in areas of Income Tax, GST, Customs & Central Excise, Corporate Affairs, Insolvency & Bankruptcy Code (IBC) Fisheries, Banking Sector and Commerce.

Following are the decisions with respect to statutory and regulatory compliance matters related to various sectors: —

Income Tax

  1. Extend last date for income tax returns for (FY 18-19) from 31st March, 2020  to  30th June, 2020.
  2. Aadhaar-PAN linking date to be extended from 31st March, 2020 to 30th June, 2020.
  3. Vivad se Vishwas  scheme – no additional 10% amount, if payment made by June 30, 2020.
  4. Due dates for  issue  of notice, intimation, notification, approval order, sanction order, filing of appeal, furnishing of return, statements, applications, reports, any other documents and time limit for completion of proceedings by the authority and any compliance by the taxpayer including investment in saving instruments or investments for roll over benefit of capital gains   under Income Tax Act,  Wealth Tax Act, Prohibition of Benami Property Transaction Act, Black Money Act,  STT law, CTT Law, Equalization Levy law, Vivad Se Vishwas  law  where the time limit is expiring between 20th March 2020  to 29th June 2020 shall be extended to 30th June 2020.  
  5. For delayed payments of advanced tax, self-assessment tax,  regular tax, TDS, TCS, equalization levy,  STT, CTT  made between 20th March 2020  and  30th June 2020,  reduced interest rate  at 9%   instead of 12 %/18 % per annum ( i.e. 0.75% per month instead of 1/1.5 percent per month) will be charged  for this period.  No late fee/penalty shall be charged for delay relating to this period.
  6. Necessary legal circulars and legislative amendments for giving effect to the aforesaid relief shall be issued in due course.

 

GST/Indirect Tax

  1. Those having aggregate annual turnover less than Rs. 5 Crore Last date can file  GSTR-3B due in March, April and May 2020  by the last week of  June, 2020. No interest, late fee, and penalty to be charged.
  2. Others can file returns due in March, April and May 2020 by last week of June 2020  but the same would attract reduced rate of interest @9 % per annum from  15 days after due date (current interest rate is  18 % per annum). No late fee and penalty to be charged, if complied before till 30th June 2020.
  3. Date for opting for composition scheme is extended till the last week of   June, 2020.  Further, the last date for making payments for the quarter ending 31st March, 2020 and filing of  return for 2019-20 by the composition dealers  will be extended  till the last week of June, 2020. 
  4. Date for filing GST annual returns of FY 18-19, which is due on 31st March, 2020 is extended till the last week of  June 2020.
  5. Due date for issue of notice, notification, approval order, sanction order, filing of appeal, furnishing of return, statements, applications, reports, any other documents, time limit for any compliance under the GST laws where the time limit is expiring between 20th March 2020  to 29th June 2020 shall be extended to 30th June 2020. 
  6. Necessary legal circulars and legislative amendments to give effect  to the aforesaid GST relief shall follow with the approval of GST Council.
  7. Payment date under Sabka Vishwas Scheme shall be extended to 30th June, 2020. No interest for this period shall be charged if paid by 30th June, 2020.

Customs

  1. 24X7 Custom clearance till end of 30th June, 2020
  2. Due date for issue of notice, notification, approval order, sanction order, filing of appeal, furnishing applications, reports, any other documents etc., time limit for any compliance under the Customs Act and other allied Laws where the time limit is expiring between 20th March 2020  to 29th June 2020 shall be extended to 30th June 2020. 

Financial Services

  1. Relaxations for 3 months
    • Debit cardholders to withdraw cash for free from any other banks’ ATM for 3 months
    • Waiver of minimum balance fee
    • Reduced bank charges for digital trade transactions for all trade finance consumers

Corporate Affairs

  1. No additional fees shall be charged for late filing during a moratorium period from 01st April to 30th September 2020, in respect of any document, return, statement etc., required to be filed in the MCA-21 Registry, irrespective of its due date, which will not only reduce the compliance burden, including financial burden of companies/ LLPs at large, but also enable long-standing non-compliant companies/ LLPs to make a ‘fresh start’;
  2. The mandatory requirement of holding meetings of the Board of the companies within prescribed interval provided in the Companies Act (120 days), 2013, shall be extended by a period of 60 days till next two quarters i.e., till 30th September;
  3. Applicability of Companies (Auditor’s Report) Order, 2020 shall be made applicable from the financial year 2020-2021 instead of from 2019-2020 notified earlier. This will significantly ease the burden on companies & their auditors for the year 2019-20.
  4. As per Schedule 4 to the Companies Act, 2013, Independent Directors are required to hold at least one meeting without the attendance of Non-independent directors and members of management. For the year 2019-20, if the IDs of a company have not been able to hold even one meeting, the same shall not be viewed as a violation.
  5. Requirement to create a Deposit reserve of 20% of deposits maturing during the financial year 2020-21 before 30th April 2020 shall be allowed to be complied with till 30th June 2020.
  6. Requirement to invest 15% of debentures maturing during a particular year in specified instruments before 30th April 2020, may be done so before 30th June 2020.
  7. Newly incorporated companies are required to file a declaration for Commencement of Business within 6 months of incorporation. An additional time of 6 more months shall be allowed.
  8. Non-compliance of minimum residency in India for a period of at least 182 days by at least one director of every company, under Section 149 of the Companies Act, shall not be treated as a violation.
  9. Due to the emerging financial distress faced by most companies on account of the large-scale economic distress caused by COVID 19, it has been decided to raise the threshold of default under section 4 of the IBC 2016 to Rs 1 crore (from the existing threshold of Rs 1 lakh). This will by and large prevent triggering of insolvency proceedings against MSMEs. If the current situation continues beyond 30th of April 2020, we may consider suspending section 7, 9 and 10 of the IBC 2016 for a period of 6 months so as to stop companies at large from being forced into insolvency proceedings in such force majeure causes of default.
  10. Detailed notifications/circulars in this regard shall be issued by the Ministry of Corporate Affairs separately.

Department of Fisheries

  1. All Sanitary Permits (SIPs) for import of SPF Shrimp Broodstock and other Agriculture inputs expiring between 01.03.2020 to     15.04.2020 extended by 3 months
  2. Delay upto 1 month in arrival of consignments to be condoned.
  3. Rebooking of quarantine cubicles for cancelled consignments in Aquatic Quarantine Facility (AQF) Chennai without additional booking charges
  4. The verification of documents and grant of NOC for Quarantine would be relaxed from 7 days to 3 days

Department of Commerce

Extension of timelines for various compliance and procedures will be given. Detailed notifications will be issued by the Ministry of Commerce.

 

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Possible Causes of Air India Flight AI171 Crash in Ahmedabad: Expert Insights and Historical Comparisons

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New Delhi- On June 12, 2025, Air India Flight AI171, a Boeing 787-8 Dreamliner, crashed seconds after takeoff from Sardar Vallabhbhai Patel International Airport in Ahmedabad, India, en route to London Gatwick Airport. The disaster, which killed 241 of the 242 passengers and crew and at least 24 people on the ground, is under investigation by India’s Aircraft Accident Investigation Bureau (AAIB) with international support. The aircraft issued a Mayday call and lost signal at 625 feet.

Potential Causes of the Crash

Preliminary investigations suggest multiple possible factors, though no definitive cause has been confirmed. CCTV footage shows the aircraft struggling to climb, with its landing gear down and flaps retracted—an unusual configuration for takeoff. Experts cited in Indian news outlets have outlined the following potential causes:

  • Engine Failure: Captain Saurabh Bhatnagar, a former senior pilot, told NDTV, “The take-off was perfect, but just short of retracting the gear, the aircraft started descending, which can only happen if the engine loses power or the aircraft fails to generate lift.” Amit Singh, from Safety Matters Foundation, told Hindustan Times that a compressor failure or sudden power loss could be responsible, noting the aircraft’s abnormal configuration.
  • Systemic Failure: Singh further stated, “That should not have been the case at all,” referring to the retracted flaps and extended landing gear, suggesting issues with flaps or elevators. An aviation expert, Sanjay Lazar told NDTV, “The catastrophic failure to achieve lift occurred at a very low altitude of 825 feet,” indicating a possible mechanical or configuration issue.
  • Human Error: Captain Shakti Lumba, a retired Air India pilot, told The Times of India, “The landing gear was down, and the flaps appeared retracted, which is not the correct configuration for takeoff.” This suggests a potential pilot error in flap settings, though Captain Anupam Banerjee noted in Hindustan Times that the Boeing 787’s warning systems should have alerted the crew to such errors.
  • Environmental Factors: Vipul Saxena told Hindustan Times that strong crosswinds and high temperatures (above 30°C) could have reduced lift, particularly with the aircraft’s 100,000-litre fuel load. Mohan Ranganathan highlighted Ahmedabad airport’s history of bird activity during the monsoon season. Still, Sam Thomas, president of the Airline Pilots Association of India, dismissed dual-engine failure from bird strikes as unlikely, stating, “The probability is one in a billion flying hours.”

The investigation continues, with Air India clarifying that reports of black box recovery remain unconfirmed. The pilots, Captain Sumeet Sabharwal and First Officer Clive Kunder, had over 9,000 combined flying hours, and the aircraft had no reported maintenance issues before the flight.

Other Devastating Plane Crashes

The Air India Flight AI171 crash, with at least 265 fatalities, ranks among the deadliest aviation disasters in recent history. Below is a comparison with other significant crashes worldwide, based on casualty figures and causes, as reported by credible Indian news sources:

  • Malaysia Airlines Flight 17 (2014): 298 fatalities. The Boeing 777 was shot down over Ukraine by a surface-to-air missile, as reported by The Hindu. Unlike AI171, this was a deliberate act of sabotage.
  • Japan Airlines Flight 123 (1985): 520 fatalities. A Boeing 747 crashed into a mountain due to improper repairs on the rear pressure bulkhead, causing explosive decompression, as noted by The Times of India. This mechanical failure contrasts with AI171’s potential engine or configuration issues but highlights maintenance risks.
  • Air India Flight 182 (1985): 329 fatalities. A bomb explosion destroyed the Boeing 747 over the Atlantic Ocean, as covered by Hindustan Times. This terrorism-related incident differs from AI171’s likely technical causes.
  • American Airlines Flight 191 (1979): 271 fatalities. A DC-10 crashed after an engine detached during takeoff due to maintenance errors, as reported by NDTV. This shares similarities with AI171’s possible engine failure or systemic issues during takeoff.
  • Tenerife Airport Disaster (1977): 583 fatalities. Two Boeing 747s collided on a runway due to miscommunication and fog, as documented by The Indian Express. Unlike AI171, this involved human error in ground operations.

The AI171 crash is notable as the first fatal incident involving a Boeing 787 Dreamliner, introduced in 2011 with a previously clean safety record. Its low-altitude failure during takeoff aligns with data indicating that most crashes occur during takeoff or landing, as reported by The Indian Express.

The AAIB is analyzing flight data, pilot actions, and maintenance records to determine whether mechanical failure, human error, or environmental factors were primary contributors. The investigation’s findings will have implications for Air India’s Boeing 787 fleet, which India is considering grounding. Captain A.K. Sachdev, a retired Air Force officer, told The Print, “The rapid loss of altitude points to a critical failure, likely in propulsion or control systems.” The probe will be crucial for enhancing aviation safety protocols.

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Air India Flight AI-171 Crashes in Ahmedabad, Killing Several Passengers

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Ahmedabad | June 12, 2025 – An Air India Boeing 787-8 Dreamliner, operating Flight AI-171 from Ahmedabad to London Gatwick, plummeted shortly after departing Sardar Vallabhbhai Patel International Airport. The aircraft, with 242 people on board—including 230 passengers and 12 crew members—lost altitude moments after reaching approximately 625 feet, crashing into a residential doctors’ hostel in Ahmedabad’s Meghani Nagar neighbourhood.

Emergency response teams are actively searching the wreckage, with numerous casualties reported and many feared trapped. Several survivors with severe injuries have been rushed to local hospitals. Authorities confirmed the aircraft issued a Mayday call seconds before the crash, indicating a critical emergency.

According to Air India officials, the flight carried passengers from multiple countries, including 169 Indian nationals, 53 British nationals, seven Portuguese nationals, and one Canadian. Twelve fire brigades, ambulances, and six National Disaster Response Force (NDRF) units are assisting at the scene, where thick smoke and flames were visible for miles.

Prime Minister Narendra Modi expressed his grief, stating on X, “It is heartbreaking beyond words. In this sad hour, my thoughts are with everyone affected by it.” He added that he is closely coordinating with authorities to support rescue efforts. Air India has established an emergency response center and deployed teams to aid affected families.

The Directorate General of Civil Aviation (DGCA) has initiated an investigation, collaborating with Boeing representatives to determine the crash’s cause. Early speculation by experts suggests a possible bird strike may have impaired the aircraft’s takeoff performance. The incident is believed to be the first fatal crash involving a Boeing 787 Dreamliner.

Ahmedabad airport has halted operations temporarily to facilitate debris removal and the ongoing investigation.

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India Spoils Pakistan’s Drone and Missile Attacks, 16 Civilians, Including 3 Women and 5 Children Killed in Shelling from the Pakistani side

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New Delhi – India on Thursday carried out calibrated military strikes targeting Pakistani air defence infrastructure, in response to an attempted drone and missile attack on multiple Indian military installations during the night of May 7–8. The Ministry of Defence stated that the Indian response was “in the same domain and with the same intensity” as Pakistan’s actions.

According to a statement issued by the Ministry of Defence, Pakistani forces attempted to engage several military targets in northern and western India, including locations in Awantipora, Srinagar, Jammu, Pathankot, Amritsar, Kapurthala, Jalandhar, Ludhiana, Adampur, Bathinda, Chandigarh, Nal, Phalodi, Uttarlai, and Bhuj.

These threats were effectively neutralised by India’s Integrated Counter-Unmanned Aerial Systems (UAS) Grid and Air Defence systems, the statement said. Debris recovered from various sites has confirmed the Pakistani origin of the attempted strikes.

In response, Indian forces on Thursday morning targeted Pakistani air defence radars and related infrastructure. “It has been reliably learnt that an air defence system near Lahore has been neutralised,” the Ministry said, adding that the Indian strikes were proportionate and focused solely on military assets.

The development follows the briefing on Operation Sindoor held on May 7, during which Indian officials described their earlier military actions as “focused, measured, and non-escalatory.” At the time, it was specifically stated that Pakistani military installations had not been targeted, and that any attack on Indian military targets would invite a suitable response.

Meanwhile, Pakistan has escalated ceasefire violations across the Line of Control (LoC), employing mortars and heavy artillery in the Kupwara, Baramulla, Uri, Poonch, Mendhar, and Rajouri sectors of Jammu and Kashmir.

According to the Ministry, sixteen civilians, including three women and five children, have lost their lives due to unprovoked shelling from the Pakistani side. Indian troops responded to suppress and halt further Pakistani fire.

The Indian Armed Forces reiterated their commitment to avoiding escalation, while emphasising that restraint would be maintained “provided it is respected by the Pakistani military.”

The government has yet to issue further details regarding the operational fallout of the counterstrikes, but sources have confirmed that all actions undertaken so far remain confined to military targets and are in accordance with India’s stated position of defensive preparedness and strategic restraint.

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