Finance

A Bilateral Investment Treaty between India and the UAE, giving continuity of investment protection to investors of both countries, comes into effect

The Bilateral Investment Treaty (BIT) signed on 13th February 2024 in Abu Dhabi, UAE between the Government of the Republic of India and the Government of the United Arab Emirates (UAE), entered into force on 31st August 2024. […]

Finance

Customs Exchange Rate Notification No. 40/2024

The Central Board of Indirect Taxes and Customs as a result of this determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 7th June 2024, to import and export goods. […]

Finance

Customs Exchange Rate Notification No. 30/2024

May 04: The Central Board of Indirect Taxes and Customs as a result of this determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 3rd May 2024, to import and export goods. […]

Business

Trade deficit falls by 35.7% in FY 23-24

Overall trade deficit is estimated to significantly improve by 35.77% from USD 121.62 Billion in FY 2022-23 to USD 78.12 Billion in FY 2023-24; Merchandise trade deficit improves by 9.33% at USD 240.17 Billion in the current FY as compared to USD 264.90 Billion in FY 2022-23. […]

Finance

Highlights of Interim Union Budget 2024-2025

With the ‘mantra’ of ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas’ and the whole of national approach of “Sabka Prayas”, the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Interim Union Budget 2024-25 in Parliament […]

Finance

Customs Exchange Rate Notification No.68/2023

The Central Board of Indirect Taxes and Customs determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 22nd September 2023, for the purpose of importing and exporting goods. […]

Finance

Customs Exchange Rate Notification No.57/2023

The Central Board of Indirect Taxes and Customs determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 4th Aug 2023, for the purpose of importing and exporting goods. […]

Events

Smt. Nirmala Sitharaman launches ARCL & CDMDF

Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Corporate Debt Market Development Fund (CDMDF) and initiated the muhurat trading on Limited Purpose Clearing Corporation mechanism called AMC Repo Clearing Limited (ARCL) […]

Finance

India signs $200m loan for expanding urban services in Rajasthan

The Government of India and the Asian Development Bank (ADB) today signed a $200 million loan as additional financing for the ongoing Rajasthan Secondary Towns Development Sector Project to expand water supply and sanitation systems and enhance urban resilience and heritage living in selected towns. […]

Finance

Customs Exchange Rate Notification No.54/2023

The Central Board of Indirect Taxes and Customs determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 21st July 2023, for the purpose of importing and exporting goods. […]

Finance

Customs Exchange Rate Notification No.50/2023

The Central Board of Indirect Taxes and Customs determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 07th July 2023., for the purpose of importing and exporting goods. […]

Finance

Customs Exchange Rate Notification No. 42/2023

The Central Board of Indirect Taxes and Customs as a result of this determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 13th June 2023, for the purpose of importing and exporting goods. […]

Finance

Customs Exchange Rate Notification No. 40/2023

The Central Board of Indirect Taxes and Customs as a result of this determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 8th June 2023., for the purpose of importing and exporting goods. […]

Finance

Customs Exchange Rate Notification No. 39/2023

The Central Board of Indirect Taxes and Customs as a result of this determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 2nd June 2023, for the purpose of importing and exporting goods. […]