business & economy

Validity of motor vehicle documents driving license, registration certificate extended till Oct-end

The Ministry of Road Transport and Highways had issued  advisories dated 30th March, 2020,  9th June, 2020 , 24th Aug 2020, 27th Dec 2020 ,26 March 2021 and 17 June 2021  regarding extension of validity of  documents related to Motor Vehicles Act, 1988 and Central Motor Vehicle Rules, 1989. It was advised that the validity …

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Account Aggregator Network- a financial data-sharing system

Account Aggregator Ecosystem in India, Know all about Account Aggregator Network- a financial data-sharing system

Last week India unveiled the Account Aggregator (AA) network, a financial data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. Account Aggregator empowers the individual with control over their personal financial data, …

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Big relief to businessmen! Now CA audit is not required for GST returns, you will be able to self-certify

Big relief to businessmen! Now CA audit is not required for GST returns, you will be able to self-certify

Goods and Services Tax (GST) taxpayers with a turnover of more than Rs 5 crore will be able to self-certify their annual return. Now Goods and Services Tax taxpayers with a turnover of more than Rs 5 crore will be able to self-certify their annual return. For this, there will no longer be a need …

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Customers active on digital channels doubled from 3.4 crore in FY2019-20 to 7.6 crore in FY2020-21

Reserve Bank of India announces Digital Payments Index (RBI-DPI) for March 2021 Rises to 270.59

The Reserve Bank had earlier announced construction of a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) with March 2018 as base to capture the extent of digitisation of payments across the country. The index for March 2021 stands at 270.59 as against 207.84 for March 2020, announced while launching the index on January 1, …

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Reserve Bank of India imposes monetary penalty on State Bank of India

SBI Alert! If Customers do not follow this rule by September 30, then they may have to lose their banking services

While PAN-Aadhaar linking is mandatory for everyone, SBI has specifically sent alerts to its customers asking them to do so so that they continue to enjoy uninterrupted banking services. SBI in one of its tweets said that we advise our customers to get their PAN linked with Aadhaar and save themselves from the hassle arising …

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‘Ease of Doing Business' in Steel Industry

Ministry of Steel: ‘Ease of Doing Business’ in Steel Industry

Steel is a de-regulated sector and the role of the Ministry is that of a facilitator to the Steel Industry.  Various interventions made for ensuring ‘Ease of doing business’ in the steel industry include the following:- Policy for providing preference to Domestically Manufactured Iron and Steel Products (DMI&SP) Policy notified on May 08, 2017 and …

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ANDHRA PRADESH CM

Andhra Pradesh Government Unveils New IT Policy for 2021-24

The Andhra Pradesh government on Wednesday came out with the new ‘AP Information Technology Policy 2021-24’ that is expected to generate more than 55,000 jobs over the next three years. For this purpose, a robust and holistic business environment would be created and the IT, Electronics and Communications Department would be transformed into a revenue …

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Piyush_Goyal

Government Relaxations provided under Gas Cylinders Rules, 2016

Relaxations provided under Gas Cylinders Rules, 2016,so as to fast track approvals for imported cylinders, pressure vessels for storage and transportation of medical oxygen. Government of India has reviewed the existing procedure for approval of global manufacturers for importing oxygen cylinders by Petroleum and Explosive Safety Organization (PESO). In view of the COVID pandemic, PESO …

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COVID-19 MINISTRY OF FINANCE

Covid related vaccines & Oxygen exempted from basic customs duty : MINISTRY OF FINANCE

Notification No. 28/2021–Customs MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th April, 2021 G.S.R. 286(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with section 141 of Finance Act, 2020 (12 of 2020), the Central Government, on being satisfied that it is …

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Ways to Improve Cash-flows in Construction

Ways to Improve Cash-flows in Construction

Cash-flows are a lifeline to a business, how the cash is churned in the different activities of the organization (Operational, Investing, and Financial) to ensure profitability. (1) Future cost-revenue analysis: One can estimate revenues subject to changing economic scenarios, but one can keep in mind the minimum cash equivalents required. (2) Finance your costs: This …

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Proud: India Shared Some Priorities Under Financial Co-operation Agenda in a Meeting with BRICS Finance and Central Bank Deputies

India hosted a Meeting of BRICS Finance and Central Bank Deputies virtually here today and was co-Chaired by Shri. Tarun Bajaj, Secretary Economic Affairs, Ministry of Finance, and Dr. Michael Patra, Deputy Governor, Reserve Bank of India. Other participants included BRICS Finance and Central Bank Deputies of Brazil, Russia, China and South Africa.

भारत 10 करोड़ COVID-19 वैक्सीन खुराक का प्रशासन करने वाला दुनिया का दूसरा सबसे तेज़ देश है।

COVID-19 महामारी के खिलाफ एक बड़ी जीत में, भारत 10 करोड़ COVID-19 वैक्सीन खुराक का प्रशासन करने वाला दुनिया का दूसरा सबसे तेज़ देश है। #LargestVaccineDrive #IndiaFightsCorona 👉 https://youtu.be/v0030C1yBVw

India signs framework for Strategic Partnership with International Energy Agency members

India and International Energy Agency members have signed the framework for Strategic Partnership to strengthen mutual trust and cooperation and enhance global energy security, stability and sustainability. This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of the International Energy Agency (IEA). …

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