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Shri Deepak Das takes charge as new Controller General of Accounts (CGA)

   01 August 2021 at 16:31

Shri Deepak Das, a 1986-batch Indian Civil Accounts Service officer, is appointed by the Government of India as the Controller General of Accounts, Department of Expenditure, Ministry of Finance, with effect from August 1, 2021.  

Posted in Others |   1770 Views


CBDT omits certain Rules and Forms; Mandates E-Filing of Forms, Returns, Statements, Reports, Orders etc.

   31 July 2021 at 06:31

CBDT has notified the omission of certain rules and forms including Rules 5A, 5AB, 6ABB, 12B, 12BA, 16D, 16DD, 16E, 16F, 18B, 18BB, 18BBA, 18DD, 18DDA, 20AB, 29AA, 29D, 37, 37E, 37F, 44A, 48, 123 and 124 via Income-tax (21st Amendment) Rules, 2021.

Posted in Others |   5757 Views


Monthly Review of Accounts of Union Government of India upto month of June 2021 for FY 2021-22

   31 July 2021 at 06:26

GoI has received Rs. 5,47,399 crore up to June 2021 comprising Rs. 4,12,680 crore os Tax Revenue, Rs. 1,27,317 crore of Non Tax Revenue and Rs. 7,402 crore of Non Debt Capital Receipts that includes Capital Receipts and Disinvestment Proceeds.

Posted in Others |   1347 Views


[FAKE] Finance Ministry is providing emergency cash where recipients will receive Rs 1,30,000 per month for 6 months

   30 July 2021 at 06:39

The WhatsApp forward claiming that the Finance Ministry is providing emergency cash where recipients will receive Rs. 1,30,000 per month for 6 months is FAKE. Kindly don't believe this message.

Posted in Others |   6606 Views


Development of Small Scale Industries

   30 July 2021 at 06:34

GoI has announced various relief measures for several sectors under the Aatma Nirbhar Bharat Abhiyan and has taken a number of initiatives to support the MSME Sector in the country, especially in the COVID-19 pandemic situation.

Posted in Others |   3909 Views


Startups and Small Companies Shutdown during Covid

   30 July 2021 at 06:32

The COVID-19 epidemic has temporarily affected various sectors including the Micro, Small and Medium Enterprises in the country. Economic activities have contracted due to the strict lockdown measures imposed by the Government.

Posted in Others |   1845 Views


52,391 entities recognized as startups by DPIIT

   29 July 2021 at 05:41

As of 14th July 2021 a total of 52,391 entities are recognized as startups by the Department for Promotion of Industry and Internal Trade and more than 5.7 lakh jobs have been reported by more than 50,000 startups.

Posted in Others |   1890 Views


Measures taken by the Finance Ministry to curb incidence of frauds in Banks

   28 July 2021 at 06:28

As per the information received from RBI, the number of cases of frauds of Rs 500 crore and above reported by Public Sector Banks/ Indian Banks / Select Financial Institutions are 79 in 2019-20, 73 in 2020-21 and 13 in 2021-22 (up to 30th June 2021).

Posted in Others |   1095 Views


Active customers doubled on digital channels from 3.4 crore in FY 2019-20 to 7.6 crore in FY 2020-21

   28 July 2021 at 06:21

Financial transactions undertaken through home and mobile channels increased from 29% in FY 2018-19 to 76% in FY 2020-21. Nearly 72% of financial transactions of PSBs done through digital channels.

Posted in Others |   975 Views


Rs 24,356 crore of unclaimed deposit lying with SCBs as on 31st Dec 20

   27 July 2021 at 20:29

As per information received from the Reserve Bank of India, the total amount of unclaimed deposits of Scheduled Commercial Banks was Rs. 24,356 crore, as on 31.12.2020. Unclaimed deposits have increased by Rs. 5,977 crore in the year 2020.

Posted in Others |   2832 Views



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