The government had appointed Subramanian, an ISB Hyderabad professor, as the CEA in December 2018. He had succeeded Arvind Subramanian, who quit the position close to a year ahead of his extended tenure.
The deadline for filing the Equalisation Levy statement in Form-1 for the Financial Year 2020-21 has been extended till December 31, against the original due date of June 30, the income tax department said in a statement.
Kerala MP E T Muhammed Basheer said Union Finance Minister Nirmala Sitharaman has informed him about the decision to waive off all the taxes involved in import of the medicine for 18-month-old Muhammed suffering from spinal muscular atrophy.
The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 37.9 per cent in April 2020 due to lockdown restrictions imposed to control the spread of coronavirus infection.