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. […]

Finance

Customs Exchange Rate Notification No. 33/2023

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

Finance

PFC approves 633 crores loan for 5000 Passenger EVs

Power Finance Corporation Ltd (PFC), a Maharatna company and the leading NBFC in the Indian power sector has sanctioned a loan of ₹633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5000 passenger Electric Vehicles (EVs) and 1000 cargo EVs. […]

Finance

Customs Exchange Rate Notification No. 29/2023

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

Finance

Customs Exchange Rate Notification No. 26/2023

The Central Board of Indirect Taxes and Customs hereby determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 7th April 2023, for the purpose of importing and exporting goods. […]

Finance

CGTMSE provide credit guarantees to MLIs loans extend

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides credit guarantees to its Member Lending Institutions (MLIs) for the loans extended by them to Micro and Small Enterprises (MSEs) without any collateral security or third-party guarantee. […]

Finance

1st G20 TIWG Meeting in Mumbai

The 1st TIWG meeting under India’s G20 Presidency is scheduled in Mumbai, from March 28th − 30th, 2023. During this three-day Meeting, over 100 delegates from G20 member countries, invitee countries, regional groupings and international organizations will engage in deliberations to accelerate global trade and investments […]

Finance

Customs Exchange Rate Notification No. 15/2023

The Central Board of Indirect Taxes and Customs hereby determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 17th March 2023, for the purpose of importing and exporting goods. […]

Finance

Customs Exchange Rate Notification No. 12/2023

The Central Board of Indirect Taxes and Customs hereby determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 3rd March 2023, for the purpose of importing and exporting goods. […]

Economy

12% increase in GST revenue collection in Feb 2023

The gross GST revenue collected in the month of February 2023 is ₹1,49,577 crore of which CGST is ₹27,662 crore, SGST is ₹34,915 crore, IGST is ₹75,069 crore (including ₹35,689 crores collected on import of goods) and Cess is ₹11,931 crore (including ₹792 crores collected on import of goods) […]

Finance

Customs Exchange Rate Notification No. 10/2023

The Central Board of Indirect Taxes and Customs hereby determines the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 17th February 2023, for the purpose of importing and exporting goods. […]