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Thursday, April 25, 2024

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Cabinet approval sets the implementation of PM GatiShakti National Master Plan (NMP) in motion

The Cabinet Committee on Economic Affairs (CCEA) has approved PM GatiShakti National Master Plan including an institutional framework for rolling out, implementation, monitoring, and support mechanism for providing multi-modal connectivity. Hon’ble Prime Minister launched PM GatiShakti NMP for multi-modal connectivity...

Modi Government creates a new Ministry of Co-operation

In a historic move, a separate ‘Ministry of Co-operation’ has been created by the Modi Government for realizing the vision of ‘Sahkar se Samriddhi’. This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement...

PM Modi to deliver Keynote address at the 5th edition of VivaTech on 16th June

Prime Minister Shri Narendra Modi will deliver the keynote address at the 5th edition of VivaTech on 16th June 2021 at around 4 PM. The Prime Minister has been invited as a Guest of Honour to deliver the keynote address at VivaTech...

Finance Ministry to hold meeting on 22nd June, 2021 with Infosys on issues in new Income Tax Portal

Senior officials of the Ministry of Finance, Government of India, will hold an interactive meeting on the 22nd of June, 2021, between 11:00 AM to 01:00 PM with Infosys (the vendor and its team) on issues/glitches in the recently launched...

Relaxation in electronic filing of Income Tax Forms 15CA/15CB

As per the Income-tax Act, 1961, there is a requirement to furnish Form 15CA/15CB electronically. Presently, taxpayers upload the Form 15CA, along with the Chartered Accountant Certificate in Form 15CB, wherever applicable, on the e-filing portal, before submitting the...

Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2020-21

The Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2020-21 has been consolidated and reports published. The highlights are given below:- The Government of India has received Rs. 16,89,720 crore (105.50% of corresponding RE 20-21 of...

Credit Guarantee Scheme for Subordinate Debt (CGSSD) extended upto 30.09.2021

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,...

Extension of Time for Intimation of Aadhaar and Certain Other Time Limits

In view of the COVID-19 pandemic, certain time limits specified under the various tax and Benami laws have been extended by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 and subsequent notifications issued under...

Foreign Trade Policy 2015-2020 extended for 6 months till September 2021

The Union Commerce and Industry Ministry today announced extension of the Foreign Trade Policy (FTP) of Government of India. The present Policy which came into force on 1st April 2015, was for 5 years and was extended thereafter upto...

Due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 extended further to 31.03.2021

It may be noted that the due date for furnishing of the Annual returns (GSTR-9 and GSTR-9C) specified under section 44 of the CGST Act read with rule 80 of the CGST rules for the financial year 2019-20 was...

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MSME Loan Schemes 2024: Empowering Growth and Sustainability

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment generation, and...