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Monday, February 24, 2025

Finance

Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.79% GS 2030’, Auction for Sale (Issue) of ‘New GoI Floating...

Government of India has announced the Sale (Issue/Re-issue) of (i) ‘5.09 per cent  Government Stock, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘5.79 per cent  Government Stock, 2030’ for a notified...

INDIA’S FOREIGN TRADE: May 2020

India’s overall exports (Merchandise and Services combined) in April-May2020-21* are estimated to be USD 61.57billion, exhibiting a negative growth of (-) 33.66 per cent over the same period last year. Overall imports in April-May 2020-21* are estimated to be...

EPFO launches multi location claim settlement to expedite member claims

Taking a big leap towards ensuring uniform standards of service delivery across the country and optimum utilisation of its workforce during COVID-19 Pandemic, EPFO has recently launched a multi-location claim settlement facility. This facility will bring a paradigm shift...

CBIC Begins Using e-Office in all CGST and Customs offices

Shri M. Ajit Kumar, Chairman, Central Board of Indirect Taxes and Customs (CBIC) launched the e-Office application in over 500 CGST and Customs offices across India here today. The e-Office application was launched remotely in the presence of over...

Recommendations of GST council related to Law & Procedure

The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag...

Central Public Sector Enterprises (32 Maharatnas and Navratnas) due payments to MSMEs

The Department of Expenditure, Ministry of Finance, has been monitoring, on a monthly basis, the performance of the 32 top Maharatna and Navratna Central Public Sector Enterprises (CPSEs) to review their capital expenditure and the dues to vendors with...

Marking 5 Year’s of Successful Implementation, Atal Pension Yojana Achieves Remarkable Feat of 2.23 Crore Enrolment

The flagship social security scheme of Government of India ‘Atal Pension Yojana’ (APY) has completed five years of successful implementation. Launched on 9th May 2015 by Hon’ble Prime Minister Shri Narendra Modi with an objective of delivering old age income security...

Auction for Sale (Re-Issue) of ‘New Government Stock 2022’, Auction for Sale (Re-issue) of ‘6.45% Government Stock 2029’, and ‘New Government Stock 2060’.

The Government of India has announced the Sale (Issue/Re-issue) of (i) ‘New Government Stock 2022’ for a notified amount of Rs 3,000 crore (nominal) through yield based auction, (ii) ‘6.45 per cent Government Stock, 2029’ for a notified amount of Rs 10,000 crore (nominal) through price...

CBDT issues orders u/s 119 of IT Act, 1961 to mitigate hardships to taxpayers arising out of compliance of TDS/TCS provisions

Due to outbreak of the Covid-19 pandemic, there is severe disruption in the normal working of almost all sectors. To mitigate the hardships of taxpayers, the CBDT has issued the following directions/clarifications by exercise of its power u/s 119...

Government provides relief for third party Motor Insurance & Health policy holders in the light of COVID-19 lockdown

The Government has provided relief for third party Motor Insurance & Health policy holders in the light of COVID-19 lockdown. The Ministry of Finance has issued notifications on April 1, 2020, stating that the renewal dates of Health and...

Latest News

CII Pune Launches Year-Long MSME Training Program

The Confederation of Indian Industry (CII) Pune chapter has announced a series of workshops across western Maharashtra to support...