Financial Year (FY) 2020-21 witnessed strong Foreign Portfolio Investment (FPI) inflows into the Indian equity markets of Rs 2,74,034 crore, thus, reflecting steadfast confidence of foreign investors in the fundamentals of the Indian Economy.
FY 2020-21
Net investment in Equity (in Rs...
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,...
₹ 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,...
In order to enable institutional and retail investors to plan their investments efficiently and provide transparency and stability to the Government securities market, an indicative calendar for issuance of Government dated securities for the first half of the fiscal...
The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated January 02, 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No....
The gross GST revenue collected in the month of February 2021 is ₹ 1,13,143 crore of which CGST is ₹ 21,092 crore, SGST is ₹ 27,273 crore, IGST is ₹ 55,253 crore (including ₹ 24,382 crore collected on import of goods) and Cess is ₹ 9,525...
The Government has lifted the embargo on private sector banks (only a few were permitted earlier) for the conduct of Government-related banking transactions such as taxes and other revenue payment facilities, pension payments, small savings schemes, etc. This step...
More Than Rs. 44,000 Crore for Projects/Programmes/Departments showing Good Progress
More Than Rs. 2 lakh Crore for states and autonomous bodies for Capital Expenditure
While presenting the Union Budget 2021-22 in Parliament today the Union Minister for Finance & Corporate Affairs,...
The Fifteenth Finance Commission (XVFC)’s ToR was unique and wide ranging in many ways. The Commission was asked to recommend performance incentives for States in many areas like power sector, adoption of DBT, solid waste management etc.
Another...
SUPPORT FOR DEVELOPMENT OF A WORLD CLASS FIN-TECH HUB AT GIFT-IFSC
A PERMANENT INSTITUTIONAL FRAMEWORK TO BE CREATED TO PURCHASE INVESTMENT GRADE DEBT SECURITIES
WAREHOUSING DEVELOPMENT AND REGULATORY AUTHORITY TO SET UP A COMMODITY MARKET ECO SYSTEM ARRANGEMENT
TO DEVELOP AN INVESTOR...
