Community & General News


Provisional Direct Tax collections for FY 2020-21 show growth of almost 5%

   09 April 2021 at 14:05

The provisional figures of Direct Tax collections for the Financial Year 2020-21 show that net collections are at Rs. 9.45 lakh crore.

Posted in Community & General |   1152 Views


FM Smt. Nirmala Sitharaman attends Plenary Meeting of IMFC of IMF through video-conference

   08 April 2021 at 20:22

The discussions at the meeting were based on IMF Managing Director’s Global Policy Agenda (GPA) titled, “Bolstering the Recovery, Countering Divergence”. The meeting was represented by 190 member countries of the IMF.

Posted in Community & General |   1164 Views


GoI notifies Copyright (Amendment) Rules, 2021

   08 April 2021 at 19:14

The amendments aim to ensure smooth and flawless compliance in the light of the technological advancement in the digital era by adopting electronic means as a primary mode of communication and working in the Copyright Office.

Posted in Community & General |   1914 Views


Shri Tarun Bajaj takes charge as the Secretary, Department of Revenue, Ministry of Finance

   08 April 2021 at 05:31

Shri Tarun Bajaj formally takes charge as the Secretary, Department of Revenue (DoR), Ministry of Finance, in New Delhi earlier today. Shri Bajaj held additional charge of DoR after superannuation of Dr A.B. Pandey on 28.02.2021.

Posted in Community & General |   3126 Views


RBI: Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package

   08 April 2021 at 05:28

Lending institutions shall disclose the aggregate amount to be refunded/adjusted in respect of their borrowers based on the above reliefs in their financial statements for the year ending March 31, 2021.

Posted in Community & General |   1494 Views


RBI Governor | Projection of real GDP growth for 2021-22 is retained at 10.5%

   08 April 2021 at 05:19

Projection of real GDP growth for 2021-22 is retained at 10.5 percent consisting of 26.2 per cent in Q1; 8.3 per cent in Q2; 5.4 per cent in Q3; and 6.2 per cent in Q4.

Posted in Community & General |   1089 Views


RBI releases a Statement on Developmental and Regulatory Policies

   08 April 2021 at 05:09

Measures on (i) liquidity management and support to targeted sectors; (ii) regulation and supervision; (iii) debt management; (iv) payment and settlement systems; (v) financial Inclusion; and (vi) external commercial borrowings.

Posted in Community & General |   1407 Views


FM Smt. Nirmala Sitharaman attends Second Virtual G20 Finance Ministers and Central Bank Governors Meeting

   08 April 2021 at 05:02

FM Smt. Nirmala Sitharaman participated virtually in the Second G20 FMCBG meeting under the Italian Presidency here today to discuss policy responses to global challenges to restore strong, sustainable, balanced and inclusive growth.

Posted in Community & General |   948 Views


More than 28.68 crore loans for an amount of Rs 14.96 lakh crore sanctioned since launch of the PMMY

   07 April 2021 at 14:19

4.20 crore PMMY loans sanctioned in 2020-21 and Rs. 2.66 lakh Crore sanctioned in FY 2020-21  (As on 19.03.2021). The average ticket size of the loans is about Rs 52,000/-

Posted in Community & General |   792 Views


RBI specifies Category-I AIFs set up as trust as qualified buyers

   07 April 2021 at 04:53

RBI has specified Category I AIFs set up as trust and registered with SEBI under Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012, as ‘qualified buyers’ subject to certain conditions.

Posted in Community & General |   2049 Views



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