Prime Minister launches digital payment solution e-RUPI Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / August 2, 2021 / cashless and contactless instrument, Direct Benefit Transfer (DBT), eRUPI, PRIME MINISTER, Shri Narendra Modi
RBI increases personal loan limit to other banks director’s without board approval to Rs 5 crore Leave a Comment / TC / CS SURBHI SAXENA / July 23, 2021 / Personal Loan, RBI, Scheduled Co-operative Banks
IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 21, 2021 / Adjudicating Authority, corporate debtor, IBBI, Insolvency Resolution Process for Corporate Persons, The Insolvency and Bankruptcy Board of India
Auction for Sale (Re-issue) of (i) ‘4.26% GS 2023’,(ii) ‘6.10% GS 2031’ and (iii) ‘6.76% GS 2061’ Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 19, 2021 / 2023’, 2031’, 4.26% Government Security, ‘6.10% Government Security, ‘6.76% Government Security 2061’, E kuber, Price based Auction, RESERVE BANK OF INDIA, Reserve Bank of India Core Banking Solution
India emerges as 5th largest forex reserves holder in the world as on 25th June, 2021 Leave a Comment / TC / CS SURBHI SAXENA / July 19, 2021 / $608.99 billion, balance of payments, current account deficit, forex reserves, RBI
Government launches “Bad Bank” for stressed assets as a measure to clean up bank books Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 19, 2021 / Asset Reconstruction Company Limited, Dr Bhagwat Kisanrao Karad, Finance Minister, Indian Banks’ Association, Minister of State for Finance, National Asset Reconstruction Company Limited, Smt. Nirmala Sitharaman
Union Cabinet approves Memorandum of Understanding (MoU) between India and Russian Federation Leave a Comment / TC / CS SURBHI SAXENA / July 14, 2021 / Memorandum of Understanding, Ministry of Steel, Russian Federation, union cabinet
Union Cabinet approves Memorandum of Understanding (MoU) between India and Kingdom of Denmark Leave a Comment / TC / CS SURBHI SAXENA / July 14, 2021 / Memorandum of Understanding, Ministry of Health & Family Welfare, union cabinet
Cabinet approves continuation of Rebate of State and Central taxes and Levies (RoSCTL) on Export of Apparel/ Garments and Made-ups till 31st March 2024 Leave a Comment / TC / CS SURBHI SAXENA / July 14, 2021 / Department of Commerce, Ministry of Textiles, Rebate of State and Central taxes and Levies, union cabinet
Cabinet increases Dearness Allowance of Central Government Employees/ Pensioners to 28% Leave a Comment / TC / CS SURBHI SAXENA / July 14, 2021 / #Dearness Allowance, Cabinet Committee, Central Government employees, Dearness Relief, Prime Minister Shri Narendra Modi
About 8000 cases involving fake ITC of over Rs. 35000 crore in FY 2020-21booked by CGST Zones and Directorate General of GST Intelligence Leave a Comment / GST / CS SURBHI SAXENA / July 13, 2021 / CGST Zones, Directorate General, GST, Input Tax Credit, ITC
Clarification by Ministry of Finance regarding holding of competitive exam of PSBs in local languages by IBPS Leave a Comment / TC / CS SURBHI SAXENA / July 13, 2021 / Institute of Banking Personnel Selection, Ministry of Finance, Regional Rural Banks
BHIM- UPI launched in Bhutan Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 13, 2021 / BHIM App, BHIM- UPI, Finance Minister of Bhutan, Mr Lyonpo Namgay Tshering, NPCI, Rupay cards, Shri Dilip Asbe, Smt. Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs
IFSCA issued Framework for Setting up and operating International Trade Finance Services platform Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 12, 2021 / 2019, IFSCA, IFSCA Act, International Trade Finance Services Platform, The International Financial Services Centres Authority
Shri Rao Inderjit Singh appointed as Union Minister of State in Ministry of Corporate Affairs Leave a Comment / TC / CS SURBHI SAXENA / July 12, 2021 / MCA, Ministry Corporate Affairs, Ministry of Statistics and Programme Implementation, Rao Tula Ram, Shri Rao Inderjit Singh
RBI published Sovereign Gold Bond Scheme 2021-22–Series-IV- Issue price Leave a Comment / TC / CS SURBHI SAXENA / July 9, 2021 / RBI, Sovereign Gold Bond
India-UK hold 1st Financial Market dialogue Leave a Comment / TC / CS SURBHI SAXENA / July 9, 2021 / Economic and Financial Dialogue, Financial Markets Dialogue, GIFT, Gujarat International Finance Tec-City, Ministry of Finance, ndia-UK Financial Partnership
Online filing of application for Authorised Economic Operators (AEO T2 and AEO T3) launched Leave a Comment / TC / CS SURBHI SAXENA / July 7, 2021 / Authorised Economic Operators, CBIC, Ministry of Finance
New Ministry of Cooperation created to strengthen cooperative movement Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 7, 2021 / 1904, Co-operative Credit Societies Act, Cooperatives, government of India, Ministry of Cooperation, Multi-State Cooperatives
Gross GST revenue collection in June’ 2021 is of ₹ 92,849 crore Leave a Comment / GST / CS SURBHI SAXENA / July 6, 2021 / Goods and Service Tax, GST, GST Revenue Collection, Ministry of Finance
CBDT grants further relaxation in e- filing of 15CA/15CB Income Tax Forms Leave a Comment / INCOME TAX / CS SURBHI SAXENA / July 5, 2021 / 15CA/15CB, 1961, CBDT, income tax act, INCOME TAX DEPARTMENT, Income Tax Forms
GOI announces auction for Sale (Re-issue) of (i) ‘4.26% GS 2023’,(ii) ‘New 10 year GS, 2031’ and (iii) ‘6.76% GS 2061’ Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 5, 2021 / E kuber, GOI, government of India, Government Security, Ministry of Finance, RESERVE BANK OF INDIA, Reserve Bank of India Core Banking Solution
Retail and Wholesale trades to be included as MSMEs: Govt Announces Leave a Comment / TC / CS SURBHI SAXENA / July 2, 2021 / Minister of MSME and Road Transport and Highways, MSME, RBI guidelines, Shri Nitin Gadkari, Udyam Registration Portal.
India becomes part of OECD/G20 Inclusive Framework tax deal Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / July 2, 2021 / G20, Inclusive Framework tax deal, OECD
Financial Stability Report, July 2021 released by RBI: Highlights Leave a Comment / TC / CS SURBHI SAXENA / July 2, 2021 / capital to risk-weighted assets ratio, Financial Stability and Development Council, Financial Stability Report, gross non-performing asset, people also search, provisioning coverage ratio, RBI, scheduled commercial banks, The Reserve Bank of India
Acquisition of SB Energy Holding Limited by Adani Green Energy Limited gets CCI approval Leave a Comment / TC / CS SURBHI SAXENA / July 1, 2021 / Adani Green Energy Limited, Adani group, CCI, SB Energy Holding Limited, special purpose vehicles, The Competition Commission of India
Merger of Tech Data Corporation with SYNNEX Corporation gets CCI approval Leave a Comment / TC / CS SURBHI SAXENA / July 1, 2021 / 2002, Apollo Management L.P, CCI, Competition Act, New York Stock Exchange, SYNNEX Corporation, Tech Data Corporation, The Competition Commission of India, Tiger Holdings
World Intellectual Property Organization Bars Delhi-based Firm ‘Om Soft Solutions’ from Illegally Using Brand Name “Khadi” Leave a Comment / JUDGEMENT / CS SURBHI SAXENA / July 1, 2021 / Fabindia, Khadi, Khadi and Village Industries Commission, KVIC, Om Soft Solutions, Shri Vinai Kumar Saxena, United Nations, WIPO, World Intellectual Property Organization
Government of India monthly review of accounts for the May 2021 published Leave a Comment / BUSINESS & ECONOMY / CS SURBHI SAXENA / June 30, 2021 / government of India, Non Tax Revenue, Tax Revenue
Additional Corpus of Rupees 1.5 crore under Emergency Credit Line Guarantee Scheme gets Cabinet approval Leave a Comment / TC / CS SURBHI SAXENA / June 30, 2021 / ECLGS, Emergency Credit Line Guarantee Scheme, union cabinet
