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378 SEZs are presently notified, out of which 265 are operational

   11 March 2021 at 04:36

The Special Economic Zones (SEZs) policy was launched in April, 2000.  The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005. 

Posted in Others |   1731 Views


Consultation Paper on Proposed IFSCA Regulations, 2021

   10 March 2021 at 19:01

The proposed framework shall facilitate issuers from across the jurisdictions to raise capital for variety of needs and list their securities at the international stock exchanges in IFSCs.

Posted in Others |   1260 Views


Revenue Deficit Grant of Rs. 6,194.09 crore released to 14 States

   10 March 2021 at 17:26

Total Revenue Deficit Grant of Rs. 74,340 crore released to States in the current financial year

Posted in Others |   1146 Views


FM chairs the National Workshop with States/UTs on Asset Monetization organised by NITI Aayog

   10 March 2021 at 05:23

Finance Minister Smt. Nirmala Sitharaman chaired the National Workshop with States/UTs on Asset Monetization organised by NITI Aayog through virtual conference in New Delhi on 9th March 2021.

Posted in Others |   1287 Views


ICMAI | IPA Updates

   10 March 2021 at 05:20

Insolvency Professional Agency of Institute of Cost Accountants of India has issued certain updates which have been listed here.

Posted in Others |   1503 Views


Over 1,10,019 loans extended since launch of Stand up India scheme since its inception

   09 March 2021 at 17:04

Over 1,10,019 loans have been extended since the launch of 'Stand up India' scheme as on 31.01.2021 since its inception and beneficiaries can get a loan of Rs. 10 lakh to Rs. 1 crore to start or increase their business.

Posted in Others |   942 Views


Sub-Committee of Insolvency Law Committee recommended IBC pre-pack framework

   09 March 2021 at 05:36

The Government constituted a sub-committee of ILC vide order dated 24th June, 2020 under the chairmanship of Dr. M. S. Sahoo, Chairperson, IBBI to make recommendation on PPIRP.

Posted in Others |   1584 Views


IBBI gives approval to 317 companies resolution plans

   09 March 2021 at 05:32

As per information provided by Insolvency and Bankruptcy Board of India (IBBI), the Regulator, as on 31.12.2020, in 317 cases resolution plans have been approved and 1126 cases have been ordered for liquidation.

Posted in Others |   1536 Views


Major policy initiatives taken for better services to workers by ESIC

   08 March 2021 at 22:15

ESIC during its 183rd Meeting has taken several significant decisions to improve its delivery of medical services and other benefits to workers. ESIC beneficiaries can now avail OPD consultation from empanelled hospitals.

Posted in Others |   1653 Views


Resolution of Tax disputes amounting to Rs. 98,328 crore till 1st March 2021

   08 March 2021 at 19:44

Declarations have been filed by taxpayers for resolution of Tax disputes amounting to Rs. 98,328 crore till 1st March 2021. Payment of Rs. 53,346 crore have been made by taxpayers under the scheme till 1st March 2021.

Posted in Others |   1296 Views



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