11 States get enhanced allocation for completing reforms
Scheme gives timely boost to economic recovery
The Department of Expenditure, Ministry of Finance has released an amount of Rs. 11,830 crore to States under the scheme “Special Assistance to States for Capital...
The Financial Year 2020-21 has been a year full of challenges, both, globally as well as for India due to the COVID-19 pandemic. The Government has, from time to time, come out with several initiatives to mitigate the economic...
GST e-invoice system, the game changer in the GST system, has successfully completed journey of six months. During this period more than 39.81 Crores e-invoices have been generated by 88,000+ suppliers. There are more than 47 lakh recipients involved...
INDIA’S MERCHANDISE TRADE: Preliminary Data for March 2021 released;
India’s merchandise exports in March 2021 were USD 34.0 billionas compared to USD 21.49 billion in March 2020, anincrease of 58.23%;
India’s merchandise imports in March 2021 were USD 48.12 billion as...
42,186 Limited Liability Partnerships got incorporated in FY 2020-21, an increase of 17% year-on-year
During the Financial Year 2020-21, Ministry of Corporate Affairs (MCA) registered more than 1.55 Lakh company incorporations as compared to 1.22 Lakh companies during FY 2019-20,...
A total of 180.34 Crores of e-Way Bills have been generated in last 3 years
E-way Bill system helped government to facilitate monitoring of the movement of essential commodities and medical supplies, during lockdown necessitated by COVID-19 pandemic
E-Way Bill System...
Government of India announced creation of ‘Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs’ on 13th May, 2020, under the AatmaNirbhar Bharat Package.
Accordingly, a scheme viz. ‘Credit Guarantee Scheme for Subordinate Debt’ was approved by the Government on 1st June,...
The Central Board of Direct Taxes has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2021-22 vide Notification no.21/2021 in G.S.R. 242(E) dated 31.03.2021. Keeping in view the ongoing crisis due to COVID pandemic and to...
In a year marred by the economic despair surrounding the Covid-19 pandemic, Khadi and Village Industries Commission (KVIC) has just recorded its best ever performance in job creation under the Prime Minister’s Employment Generation Program (PMEGP). In FY 2020-21...
₹ 1,23,902 crore gross GST revenue collected in the month of March 2021
The gross GST revenue collected in the month of March 2021 is at a record of ₹ 1,23,902 crore of which CGST is ₹ 22,973 crore, SGST is ₹ 29,329 crore,...
