News of the week

• Relief package, new MSME definition will give huge boost to industry, says Nitin Gadkari
• Govt decriminalizes minor defaults under Companies Act
• Coronavirus pandemic led to a 3% drop in global trade values: UNCTAD
• DGTR proposes import duty hike on synthetic rubber from South Korea under CEPA
• TDS, TCS rates cut by 25% for specified payments till March 31, 2021
• No Global tender enquiry shall be invited for tenders upto Rs. 200 crore: Public Procurement Divisions
• MSME: New & Old Definition