However, the civic body had argued that it can't audit or probe the pandemic-related expenditure, given the protection of the Epidemic Diseases Act, 1897, and Disaster Management Act, 2005.
to pay incurred cost. last year democrats and republicans together encured costs for covid that need to be paid for. this is a credit card bill that we owe. under president trump. only 3% of the debt of the cost what only 3% have occurred under the biden administration. this is largely under the trump administration. and again, democratic and republican presidents, we have to lift the debt ceiling. so when trump was president he increased the debt by $7.8 trillion. now, we take participation in the covid expenses, but not the tax scam that added at least $2 trillion to the national debt. so, again, we ve done it we ve worked in a bipartisan way. it s always been bipartisan. that s how we want to keep it. again, it could it would cost
Centre exempts tax on COVID-19 treatment, death Ex-gratia payments received from employers by the families of employees who lost their lives to COVID-19 would be exempt from income tax in FY20 and subsequent years, CBDT said in a statement The decsion taken by the finance ministry is likely to allay the buden of expenses incurred towards COVID-19 treatment | Picture for Representation BusinessToday.In
Updated Jun 26, 2021, 10:19 AM IST
The Centre has exempted tax on costs incurred during COVID treatment of an employee - borne by employers or any other person - for FY20 and later.
The government has also extended deadlines for several income tax compliances. Additionally, ex-gratia payments received from employers by the families of employees who lost their lives to COVID-19 would be exempt from income tax in FY20 and subsequent years, the finance ministry notified on Friday.
Transfer some forex reserves to states for covid expenses
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Vivek Moorthy
A grant of $200 per person to each state will help them spend on vaccines and other urgent medical needs
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Very recently, I wrote, “Within India, as for taxes, if states were allotted some reserves, many more people would have been vaccinated by now. (‘Of poor nations rich enough to have imported vaccines’, 11 May, Mint). Building on that conjecture, this follow-up article makes a concrete suggestion.
As the covid death toll mounted fiercely, there has been a tectonic shift in policy. Since mid-April, India has dismantled its vaccine licence raj, just as it dismantled the sprawling socialist licence raj starting 1991. Finding it impossible to manage the purchase and allocation of vaccines, the Centre has told states to ‘do it yourself’. At the time this was written, about 10 states had floated global tenders for importing vaccines.
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