India has the potential to become a world leader in Footwear and leather : Shri Piyush Goyal Shri Goyal asks Industry to look at exploring newer territories, innovate and forge new collaborations Give ideas and suggestions to improve ease of doing business: Shri Goyal to leather industry Shri Goyal suggests creating some niche award segments…...
Gross Direct Tax collections for the Financial Year (FY) 2022-23 register a growth of 25.90%
Gross Direct Tax collections for the Financial Year (FY) 2022-23 register a growth of 25.90% Net Direct Tax collections for the FY 2022-23 grow at over 19.81% Advance Tax collections for the FY 2022-23 stand at Rs. 5,21,302 crore as on 17.12.2022 which shows a growth of 12.83% Refunds aggregating to Rs. 2,27,896 crore issued in…...
Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups create over 8.6 lakh direct jobs since the launch of Startup India
Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups create over 8.6 lakh direct jobs since the launch of Startup India Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups have self-reported creation of over 8.6 lakh direct jobs as on 30th November 2022 since the launch of Startup India in 2016…...
Initiatives taken by Department of Promotion of Industry and Internal Trade (DPIIT) to speed up patent applications and eliminate pendency
Initiatives taken by Department of Promotion of Industry and Internal Trade (DPIIT) to speed up patent applications and eliminate pendency The Department has taken various initiatives to expedite the process of patent applications and eliminate pendency that includes manpower augmentation from time to time, setting up of feedback mechanism and appropriate legislative amendments. These includes,…...
Make in India facilitates investment, fosters innovation, helps build best in class infrastructure
Make in India facilitates investment, fosters innovation, helps build best in class infrastructure 'Make in India 2.0' focuses on 27 sectors Employment in manufacturing increases from 57 million in the year 2017-18 to 62.4 million in the year 2019-20 Despite Covid related disruptions trend of positive overall growth of Gross Value Addition (GVA) seen in…...
Press Communiqué
Press Communiqué Sovereign Gold Bond Scheme 2022-23 The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds in tranches as per the calendar specified below: S. No. Tranche Date of Subscription Date of Issuance 1. 2022-23- Series III December 19 - December 23, 2022 December 27,…...
India hosts the 1st G20 Finance and Central Bank Deputies (FCBD) meeting under the G20 India Presidency in Bengaluru, Karnataka
India hosts the 1st G20 Finance and Central Bank Deputies (FCBD) meeting under the G20 India Presidency in Bengaluru, Karnataka Over 160 delegates participated in the FCBD meeting marking beginning of the G20 Finance Track under the Indian Presidency 2-day FCBD meeting concluded 7 discussion sessions on issues of Global Economy, International Financial Architecture, Infrastructure,…...
CBIC celebrates completion of 60 years of Customs Act, 1962
CBIC celebrates completion of 60 years of Customs Act, 1962 Union Finance Minister Smt. Nirmala Sitharaman correlates 60 years of Customs Act to shashtipurti - an important event in Indian tradition CBIC unveils Mascot “Officer Hans” symbolising purity and knowledge of Customs Medallion representing commitment to serve and safeguard the country through all three modes…...
1st Finance & Central Bank Deputies Meeting under the G20 Presidency of India scheduled in Bengaluru on Tuesday
1st Finance & Central Bank Deputies Meeting under the G20 Presidency of India scheduled in Bengaluru on Tuesday Finance Track core of the G20 process and provides an effective forum for global economic discourse and policy coordination Through a series of nearly 40 meetings, India will champion the cause of the "Global South", promoting "oneness",…...
Steps taken by centre to reduce import reliance
Steps taken by centre to reduce import reliance Government has taken several steps to reduce import reliance so as to curb the trade deficit. These include creating/enhancing of domestic capacity, incentivizing domestic manufacturing through Production Linked Incentive (PLI) schemes, phased manufacturing plans, timely use of trade remedy options, adoption of mandatory technical standards, enforcement of…...