The Governor of the Reserve Bank of India, Shri Shaktikanta Das has announced that the Policy Repo Rate will remain unchanged at 4% and that the Marginal Standing Facility and Bank Rate will remain at 4.25%.
Finance Minister emphasized that an enhanced capex will play a critical role in revitalising the economy post pandemic and encouraged the Ministries to front-load their capital expenditure.
Union Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur has launched the six modules of short films of Investor Education & Protection Fund Authority (IEPFA) titled "Hisaab Ki Kitaab".
With the launch of the Startup India initiative, recognized startups have now spread across 623 districts. Each State and UT has at least one startup. 30 States and UTs have announced specific Startup Policies to support startups.
The export of Amphotericin-B injections falling under the ITCHS Codes specified above or falling under any other HS Code has been restricted, with immediate effect.
Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on the feasibility of Variable Capital Companies in the International Financial Services Centres to the Chairperson of IFSCA, Shri. Injeti Srinivas.
RBI has issued a clarification for banks and the general public at large, stating that its earlier circular on the prohibition of usage of virtual currencies is no longer valid as the same was set aside by the Supreme Court on 4th March 2020.
GoI has received Rs. 1,47,991 crore (7.49% of corresponding BE 21-22 of Total Receipts) for April 2021 comprising Rs. 1,30,811 crore Tax Revenue (Net to Centre), Rs. 16,808 crore of Non Tax Revenue and Rs. 372 crore of Non Debt Capital Receipts.
GoI has received Rs. 16,89,720 crore (105.50% of corresponding RE 20-21 of Total Receipts) during 2020-21 comprising Rs 14,24,035 crore Tax Revenue, Rs. 2,08,059 crore of Non Tax Revenue and Rs. 57,626 crore of Non Debt Capital Receipts.
The Report covers the working and functions of the Reserve Bank for the transition period of nine months (July 2020 - March 2021) following the decision to change its accounting year from July-June to April-March.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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