Interest on delayed payment of GST: CBIC
The Central Board of Indirect Taxes & Customs (CBIC) today clarified that the Notification No. 63/2020-Central Tax dated 25th August 2020 relating to interest on...
Structural Reforms are a Key Priority of the Government: Finance Minister
Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman stressed that structural reforms are a key...
Loans worth more than Rs 1 Lakh crore disbursed under ECLGS
Under the 100% Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government of India guarantee, Banks from Public & Private Sectors have sanctioned...
Centre Released Rs. 1,65,302 Crore as GST Compensation to States/UTs for the FY 2019-20...
Central Government has recently released GST Compensation of Rs. 13,806 crore to States for March’2020. Taking this amount into account, entire compensation upto 2019-20 has...
Introduction of Floating Rate Savings Bonds, 2020 (Taxable)
The Government has notified the new Floating Rate Savings Bonds, 2020 (Taxable)Scheme in place of 7.75 percent Savings (Taxable) Bonds, 2018Scheme which ceased for...
Finance Minister unveils structural reforms for 7 sectors in 5th tranche of Atma Nirbhar...
In her opening remarks during the 5th Press Conference here today on stimulus package to fight COVID-19 under Aatma Nirbhar Bharat Abhiyaan, the Union Minister of...
Finance Minister announces new horizons of growth; structural reforms across Eight Sectors paving way...
In her opening remarks, the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman said that structural reforms are the focus for today’s press...
Rs 30,000 Crore Additional Emergency Credit to be Provided to 3 Crore Farmers: :FM
Hon’ble Prime Minister announced a Special economic and comprehensive package of Rs 20 lakh Crore - equivalent to 10% of India’s GDP on 12th...
India signs $1.5 billion loan with ADB to support India’s COVID-19 immediate response
The Government of India and the Asian Development Bank (ADB) today signed a $1.5 billion loan that will support the government’s response to the...
IT Department to release all pending income tax refunds up to Rs 5 lakhs...
In the context of the COVID-19 situation and with a view to provide immediate relief to the business entities and individuals, it has been...
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Nano-formulation of darkness hormone could be therapeutic solution for Parkinson’s disease
Scientists have proved that nano-formulation of Melatonin, the hormone produced by the brain in response to darkness, showed improved antioxidative and neuroprotective properties and...
NITI Aayog Releases Report on “S.A.F.E. Accommodation: Worker Housing for Manufacturing Growth”
NITI Aayog released a report on “S.A.F.E. Accommodation - Worker Housing for manufacturing growth”. This comprehensive report explores the crucial role of secure, affordable, flexible, and efficient...
India’s Ranking in the Travel and Tourism Development Index
According to the Travel and Tourism Development Index (TTDI) 2024 report published by the World Economic Forum (WEF), India is ranked 39th among 119...
