Finance

Customs Exchange Rate Notification No. 08/2023

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 February 2023, for the purpose of importing and exporting goods. […]

Economy

37.4% increase in capital expenditure in 23-24

“Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment,” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. […]

Economy

Nominal GDP to grow at 15.4 % in FY 2022-23

“Despite external exogenous shocks, India’s economy is relatively insulated from global spillovers compared to other EMEs, partly because of its large domestic market and relatively looser integration in global value chains and trade flows” […]

Finance

RCF pays Rs. 212cr+ as dividends to the Government of India

Rashtriya Chemicals and Fertilizers Limited (RCF), an Indian central public sector under the Ministry of Chemicals and Fertilizers, paid a total dividend of Rs. 3.85 per share amounting to Rs. 212.40 crores for FY 2021-22 (previous year Rs. 2.98 per share amounting to Rs. 164.40 crores). […]

Business

MeitY Startup Hub and Meta shortlist 120 Startups

More than 30% of Startups in the Accelerator are from Tier II & III cities across India, 40% of the selected Innovators and Startups in Grand Challenge belong to tier II & III parts of the country, Women-led/co-led Startups and Innovators form over 20% of the cohort […]

Finance

Customs Exchange Rate Notification No. 05/2023

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 20th January 2023, for the purpose of importing and exporting goods. […]

Finance

Customs Exchange Rate Notification No. 02/2023

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 6th January 2023, for the purpose of importing and exporting goods. […]

Economy

Rs 1.4 lakh+ crore GST Revenue collected on December 2022,

The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods). […]

Finance

New Customs Exchanges Rates released

The Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 16th December, 2022 for the purpose of imported and export goods […]