The Government of India and the Asian Development Bank (ADB) today signed a $500 million loan to expand the metro rail network in Bengaluru with construction of two new metro lines totaling 56 km in length. […]
Finance Minister launches the National Monetisation Pipeline;
Asset Monetisation programme has taken shape because of the vision of Prime Minister: Finance Minister;
NMP estimates aggregate monetisation potential of Rs 6.0 lakh crores through core assets of Central Government […]
The Government has paid all the GST Compensation dues to the States for the financial years 2020-21 and 2021-22. This was stated by Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in the Lok Sabha today […]
The Cabinet Committee has approved increase the Dearness Allowance to Central Government employees and Dearness Relief to pensioners from 17% to 28% representing an increase of 11% […]
Finance Minister Smt Nirmala Sitharaman and Finance Minister of Bhutan Mr Lyonpo Namgay Tshering jointly launch BHIM–UPI in Bhutan […]
IFSCA has issued a framework for Setting up and operating International Trade Finance Services Platform (‘ITFS’) for providing Trade Finance Services at International Financial Services Centres (‘IFSCs’). The framework will enable Exporters and Importers to avail various types of trade finance facilities at competitive terms […]
India and the United Kingdom (UK) held the inaugural meeting of the India-UK Financial Markets Dialogue (‘the Dialogue’) virtually late evening yesterday. The Dialogue was established at the 10th Economic and Financial Dialogue (EFD) in October 2020 to deepen bilateral ties in the financial sector. […]
The Union Cabinet has approved the Memorandum of Understanding (MoU) between Institute of Cost Accountants of India (ICoAl) and the Association of Chartered Certified Accountants (ACCA), United Kingdom (UK), will provide mutual advanced entry to the Members of both the Institutes through exemptions […]
In view of the difficulties reported by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the portal www.incometax.gov.in has been decided to extend the aforesaid date to 15th July, 2021 […]
Majority of the members OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting(including India) adopted yesterday a high-level statement containing an outline of a consensus solution to address the tax challenges arising from the digitalisation of the economy. […]
The Central Board of Indirect Taxes and Customs hereby determined that he rate of exchange of conversion into Indian currency for the purpose of imported and export goods w.e.f. 2nd July 2021 […]
Cabinet approves Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) and to enhance the corpus of Emergency Credit Line Guarantee Scheme (ECLGS) […]
Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman here today announced a slew of measures worth 6.28 lakh crores to provide relief to diverse sectors affected by the 2nd wave of COVID-19 pandemic […]
Cabinet approves Agreement between India and Saint Vincent and The Grenadines for the Exchange of Information and Assistance in Collection with respect to Taxes […]
India attracted US$ 6.24 billion total FDI inflow during April, 2021; FDI Inflows are an endorsement of India’s status as a preferred investment destination amongst global investors […]
Tax Inspectors Without Borders (TIWB), a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD), launched its programme in Bhutan […]
The Central Board of Indirect Taxes and Customs has determined that the rate of exchange with effect from 18th June, 2021for the purpose of imported and export goods. […]
ADB, India sign $484 million loan to upgrade road network in Tamil Nadu Chennai–Kanyakumari Industrial Corridor (CKIC) which is part of India’s East Coast Economic Corridor (ECEC) […]
India’s overall exports in April-May2021 is estimated to be USD 98.29B and Overall imports in April-May2021 is estimated to be USD 104.14B hence showing a deficit of USD 5.85B […]
Due to difficulties in the incometax filing on the new portal the incometax authorities have Relaxed the electronic filing of Income Tax Forms 15CA/15CB […]
The gross GST revenue collected in the month of May 2021 is₹1,02,709 crore of which CGST is ₹17,592 crore, SGST is ₹22,653, IGST is ₹53,199 crore […]
Telecom Department announces Operational Guidelines for PLI Scheme for telecom & Networking equipment;
Aims to make India a global manufacturing hub for telecom and networking products […]
The Central Board of Indirect Taxes and Customs has determined that the rate of exchange of conversion of each of the foreign currencies to be in force w.e.f 4th June relating to imported and export goods. […]
Emergency Credit Line Guarantee Scheme (ECLGS) expanded – ECLGS 4.0 for onsite oxygen generation, wider coverage of ECLGS 3.0 and increase in tenorfor ECLGS 1.0 […]
India attracted highest ever total FDI inflow of US$ 81.72 billion during 2020-21, 10% more than the last financial year […]
the Central Board of Indirect Taxes and Customs has determined the rate of exchange of conversion of each of the foreign currencies for the purpose of the said section, relating to imported and export goods w.e.f. 21 May 2021 […]
Government of India and European Investment Bank sign finance contract for second tranche of Euro 150 million for Pune Metro Rail project […]
The Central Board of Indirect Taxes and Customs has announced the new rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa with effect from 7 May 2021 relating to imported and export goods […]
The RBI Governor Shri Shaktikanta Das today announced a series of measures to support the nation’s fight against the second wave of COVID-19 infections. […]
Finance Minister Smt. Nirmala Sitharaman participates in Governor’s Seminar as part of Asian Development Bank’s annual meeting 2021 […]
Ad hoc Exemption from IGST on imports of specified COVID-19 relief material donated from abroad […]
Government announces various relief measures for taxpayers under GST law in view of severe COVID-19 pandemic […]
India’s merchandise exports in April 2021 was USD 30.21 billion and merchandise imports was USD 45.45 making the country a net importer with a trade deficit of USD 15.24 billion […]
Dedicated Helpdesk by CBIC for Handholding Trade, Industry and Individuals
to expedite Customs Clearance of Imports related to COVID including Oxygen and oxygen related equipments etc […]
The Central Board of Indirect Taxes and Customs has announced the new rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa with effect from 16th April, 2021 relating to imported and export goods. […]
Finance Minister Smt. Nirmala Sitharaman participated in 103rd meeting Development Committee Meeting of World Bank-IMF which included World Bank Group (WBG) and International Monetary Fund Support for Debt Relief Under the Common Framework and Beyond […]
Union Cabinet approves Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) ; Incentives worth Rs. 6,238 Crore to be provided over five years for manufacturing of these products in India […]
Finance Minister Smt. Nirmala Sitharaman attends Second Virtual G20 Finance Ministers and Central Bank Governors Meeting held under the Italian presidency […]
The Central Board of Indirect Taxes and Customs has announced the new rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa with effect from 2nd April, 2021 relating to imported and export goods. […]
The Credit Guarantee Scheme for Subordinate Debt (CGSSD) for Stressed MSMEs under the AtmaNirbhar Bharat Package has been extended upto 30.09.2021 […]
20 States implement ease of doing business reforms; Get additional borrowing permission of Rs. 39,521 crore
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Mar 18: The Central Board of Indirect Taxes and Customs has determined the rate of exchange of conversion of each of the foreign currencies to Indian Rupee with effect from 19th March, 2021 for the purpose of the said section, relating to imported and export goods. […]
CBIC has determined the rate of exchange of conversion of each of the foreign currencies to Indian Rupee with effect from 5th March, 2021 for the purpose of the said section, relating to imported and export goods. […]
India attracted total FDI inflow of US$ 67.54 billion during April to December 2020; FDI equity inflow grew by 40% in the first 9 months of F.Y. 2020-21 (US$ 51.47 billion) […]
Central Revenues Control Laboratory gets recognised as a Regional Customs Laboratory (RCL) of the World Customs Organisation […]
India’s merchandise exports in February 2021 was USD 27.67 billion while India’s merchandise imports in February 2021 were USD 40.55 billion to have a trade deficit of USD 12.88 billion […]
Due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 extended further to 31.03.2021 […]
Smt. Nirmala Sitharaman participated virtually in the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency […]
GOI and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agreement for a $304 million Assam Intra-State Transmission System Enhancement Project […]
The Government of India, Government of Nagaland and the World Bank today signed a $68 million project to enhance the governance of schools across Nagaland as well as to improve teaching practices and learning environments in select schools. […]
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