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Govt extends I-T compliance deadlines; exempts tax on COVID treatment cost, ex-gratia payments from employers

by AIP Online Bureau | Jun 26, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi: The government on Friday extended deadlines for various income tax compliances and also exempted from tax the amount given by an employer to employees for COVID-19 treatment. Also, ex-gratia payments received from employers by family members in case...

U.S. approves Roche drug for emergency use against severe COVID-19

by AIP Online Bureau | Jun 26, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  U.S. health regulators have approved Roche's arthritis drug Actemra for emergency use to treat hospitalized COVID-19 patients, giving an extra boost to a medicine that was already allowed to be administered on compassionate grounds. The U.S. Food and Drug...

Pfizer halts distribution of anti-smoking drug after finding carcinogen

by AIP Online Bureau | Jun 26, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life

Pfizer Inc said on Thursday that it is pausing the distribution of its anti-smoking treatment, Chantix, after finding elevated levels of cancer-causing agents called nitrosamines in the pills. The drugmaker is recalling a number of lots of anti-smoking drugs. The U.S....

Third wave of coronavirus unlikely to be as severe as second wave: ICMR Study

by AIP Online Bureau | Jun 26, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic, Risk Management

  New Delhi: The third wave of COVID-19 — if it occurs — is unlikely to be as severe as the second wave given the extent of spread of coronavirus infections that have already taken place in the country, according to a study. The study, based on...

Oz, Israel were Covid success stories till Delta strain struck

by AIP Online Bureau | Jun 26, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic

  Australia and Israel, which had been successful in fending off Covid-19, reimposed restrictions on Friday as cases surged of the highly contagious Delta variant, which also threatened Africa with a brutal third wave. In Australia, around a million people in...
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