Telangana has become the 3rd State in the country to successfully undertake “Urban Local Bodies (ULB)” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs.2,508...
Movement of various high frequency indicators in recent months, points towards broad based nature of resurgence of economic activity
The National Statistics Office (NSO) released today the first Advance Estimates (AE) of GDP for the year 2020-21. The real GDP...
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for the financial year 2020-21 along with the corresponding estimates of expenditure...
GST e-invoice system completed journey of 3 months; Enabled more than 37000 tax payers to generate more than 1680 Lakh Invoice Reference Numbers (IRNs)
GST e-invoice system, the game changer in the GST system, has completed journey of three months...
The Asian Development Bank (ADB) and the Government of India on 30th December 2020 signed a $10 million project readiness financing (PRF) to help finance piloting activities, and design and capacity building for an ensuing project that aims to...
(For the Quarter ending March 2021)
After reviewing the cash position of the Government of India, Government of India, in consultation with Reserve Bank of India, has decided to notify the amounts for the issuance of Treasury Bills for the...
The International Financial Services Centres Authority (IFSCA) has become an Associate Member of the International Organization of Securities Commissions (IOSCO).
The IOSCO is the international organization that brings together the world's securities regulators, covering more than 95% of the world’s...
₹ 1,15,174 crore gross GST revenue collected in December
Revenues for December 2020 are 12% higher than the GST revenues in the same month last year
The gross GST revenue collected in the month of December 2020 is ₹ 1,15,174 crore...
Mayur Modi, Co-Founder, Moneyboxx Finance
With inflation remaining above the RBI comfort level, policy rate cut was out of question. While the economic recovery has kick-started, it is the rural economy which is the brightest of all the segments and...
Jharkhand has become the latest State to go for Option-1
Jharkhand will get Rs. 1,689 crore through special borrowing window to meet the GST implementation shortfall
Permission to raise additional Rs. 1,765 crore through borrowings also issued to...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
