Governments of Punjab has communicated acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States who have chosen this option has gone up to 26. All the 3 Union Territories with Legislative...
FDI Equity Inflows during the first half of 2020-21 have shown 15% growth in US$ terms and 23% growth in Rupee terms
Total Foreign Direct Investments (FDI) inflows into India during the second quarter of financial year 2020-21 (July, 2020...
State will get Rs.4,604 Crores through special borrowing window and also permission to raise additional Rs.5,462 Crores through borrowings
The Government of Rajasthan has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance...
All India Institute of Ayurveda (AIIA) is organizing a webinar on 5th November 2020 in association with Western Sydney University on the theme “Yoga and Ayurveda Medicine for Mental Wellness”. The webinar is a collaborative activity focused on the...
There have been several media reports alluding to steep increase in service charges by certain Public Sector Banks (PSBs). In this context, the factual position is as follows:
Basic Savings Bank Deposit (BSBD) accounts including Jan Dhan accounts -...
Ministry of Finance has facilitated loans of Rs 12,000 crore till date under the Special Window to States/UTs
The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an...
Loans of more than Rs. 2 lakh crore sanctioned under ECLGS
The Union Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till November 30th, 2020, or till such time that an amount of Rs. 3...
Path breaking e-invoice initiative which completed one month on the 31st October, is poised to revolutionize the way businesses interact with each other. According to NIC, within the first month of introduction itself, more than 495 Lakh e-invoices were...
Ministry of AYUSH and M/s Invest India will form a collaboration to set up a strategic policy unit called “Strategic Policy & Facilitation Bureau (SPFB)” to facilitate planned and systematic growth of the Ayush Sector. This is among the...
The gross GST revenue collected in the month of October, 2020 is ₹ 1,05,155crore of which CGST is ₹ 19,193 crore, SGST is ₹ 25,411 crore, IGST is ₹ 52,540 crore (including ₹ 23375crore collected on import of goods)...
