Others News

Finance Act 2021 hasn't brought in any additional tax on Indian workers in Saudi/UAE/Oman/Qatar, clarifies FM

06 April 2021 at 05:21

The Finance Act, 2021 hasn't brought in any additional or new tax on hardworking Indian workers in Saudi/UAE/Oman/Qatar. It has merely incorporated general definition of the term "liable to tax" in the Income Tax Act to provide clarity.

Posted in Others | 1437 Views

Government measures increase FDI inflows in the country

05 April 2021 at 19:45

India Attracts a total FDI inflow of US$ 72.12 billion from April 2020 to January 2021. Computer Software & Hardware emerged as the top sector with 45.81% of total FDI Equity inflow.

Posted in Others | 1416 Views

More than Rs. 25,586 crore sanctioned under Stand Up India Scheme to over 1,14,322 accounts

04 April 2021 at 10:22

The objective of Stand-Up India is to promote entrepreneurship amongst women, SC, & ST categories, to help them in starting a greenfield enterprise in the trading, manufacturing and services sector, by both ready and trainee borrowers.

Posted in Others | 1323 Views

Ministry of Finance releases grant of Rs. 4,608 crore for Local Bodies on 31st March 2021

02 April 2021 at 14:31

The grants are both for the Rural Local Bodies and Urban Local Bodies. Out of this, RLBs will get Rs. 2,660 crore and ULBs will get Rs. 1,948 crore. The grants have been released as per the recommendations of the 15th Finance Commission.

Posted in Others | 1 comments | 1341 Views

Ministry of Finance releases Rs. 45,000 crore as additional devolution to States in FY 2020-21

01 April 2021 at 19:16

The Ministry of Finance, Government of India, released ₹45,000 crore as additional devolution to States in FY 2020-21. This is an increase of 8.2% over RE 2020-21.

Posted in Others | 687 Views

Rs. 11,830 crore released to States under the scheme - Special Assistance to States for Capital Expenditure

01 April 2021 at 19:07

The Department of Expenditure, Ministry of Finance has released an amount of Rs. 11,830 crore to States under the scheme "Special Assistance to States for Capital Expenditure".

Posted in Others | 780 Views

Calendar for Auction of GoI Treasury Bills for the quarter ending June 2021

31 March 2021 at 21:44

The Government of India, in consultation with the Reserve Bank of India, has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending June 2021. Same has been listed in this news piece.

Posted in Others | 1182 Views

FM attends 6th Annual Meeting of Board of Governors of NDB through video-conference

30 March 2021 at 19:20

Union Minister of Finance & Corporate Affairs and India’s Governor in New Development Bank (NDB), Smt. Nirmala Sitharaman attended the 6th Annual Meeting of Board of Governors of New Development Bank through video-conference in New Delhi today.

Posted in Others | 840 Views

Sale of Electoral Bonds 2018 at Authorized Branches of SBI

30 March 2021 at 19:14

The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated January 02, 2018.

Posted in Others | 1449 Views

Champion Services Sector Scheme

26 March 2021 at 10:38

Under the Champion Services Sector Scheme (CSSS) a total amount of Rs.3369.75 Cr for 3-5 years has been approved by the Expenditure Finance Committee based on the proposals submitted by the concerned Ministry/Department, details of which are at Annexure.

Posted in Others | 1893 Views