Ministry of Finance DRI seizes 395 kg of thread laced with heroin at Pipavav Port, Gujarat DRI crackdown on drug smuggling syndicates results in seizure of more than 3,300 kg of Heroin, 320 kg of Cocaine and 230 kg of Hashish between January and December 2021 Acting on intelligence jointly developed by DRI and ATS…...
Auction for Sale (Re-issue) of (i) ‘5.74% GS 2026’, (ii) ‘GoI Floating Rate Bond 2028’, and (iii) ‘6.67%GS 2035’ (iV) ‘6.99% GS 2051’
Ministry of Finance Auction for Sale (Re-issue) of (i) ‘5.74% GS 2026’, (ii) ‘GoI Floating Rate Bond 2028’, and (iii) ‘6.67%GS 2035’ (iV) ‘6.99% GS 2051’ The Government of India (GoI) has announced the Sale (Re-issue) of(i) 5.74% Government Security, 2026’ for a notified amount of ₹9,000 crore (nominal) through price based auction using uniform price method; (ii) ‘‘GoI Floating Rate…...
Strategic Buyer approved for disinvestment of Pawan Hans Limited
Ministry of Finance Strategic Buyer approved for disinvestment of Pawan Hans Limited The Alternative Mechanism, empowered by the Cabinet Committee on Economic Affairs, comprising Shri Nitin Gadkari, Union Minister for Road Transport and Highways, Smt. Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs and Shri Jyotiraditya M. Scindia, Union Minister of Civil Aviation, has…...
Valediction Ceremony of the 74th Batch of Indian Revenue Service in NADT, Nagpur
Ministry of Finance Valediction Ceremony of the 74th Batch of Indian Revenue Service in NADT, Nagpur The Valediction Ceremony of the Induction Training of 74th batch of Indian Revenue Service Officers (Income Tax) was conducted on 29th April, 2022 at the National Academy of Direct Taxes (NADT), Nagpur. Shri. M Venkaiah Naidu, Vice President of…...
Core Industries grow by 10.4% during FY 2021-22; steel, cement and natural gas lead the way
Ministry of Commerce & Industry Core Industries grow by 10.4% during FY 2021-22; steel, cement and natural gas lead the way Combined Index of Eight Core Industries grew by 4.3 per cent in March 2022 INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR MARCH, 2022 The cumulative growth rate of Index of Eight Core Industries…...
Exchange Rate Notification No. 36/2022 – Customs (N.T.)
Ministry of Finance Exchange Rate Notification No. 36/2022 - Customs (N.T.) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following amendments in the Central Board of Indirect Taxes and Customs Notification No.34/2022-CUSTOMS (N.T.), dated 21st April,…...
Shri Piyush Goyal calls for strengthening of ethics and corporate governance norms in startups
Ministry of Commerce & Industry Shri Piyush Goyal calls for strengthening of ethics and corporate governance norms in startups Shri Piyush Goyal urges startups to incorporate and list in India and not move to tax havens The startup revolution must be taken to tier-2 and tier-3 cities and villages of India – Shri Piyush Goyal…...
CGST Commissionerate Mumbai South Arrests Co-conspirator in a Fake Input Tax Credit Claim of Rs. 11.07 Cr; Proprietor arrested earlier
Ministry of Finance CGST Commissionerate Mumbai South Arrests Co-conspirator in a Fake Input Tax Credit Claim of Rs. 11.07 Cr; Proprietor arrested earlier CGST Mumbai South Commissionerate has detected tax evasion of Rs. 876 Crores, recovered Rs. 14.4 Crores so far Anti-Evasion Unit of Mumbai South CGST Commissionerate has arrested the co-conspirator in…...
Status Note on GST compensation released to States/UTs
Ministry of Finance Status Note on GST compensation released to States/UTs ₹ 2.78 lakh crore of compensation released to States for the year 2020-21 itself ; nothing is pending for the year Centre released ₹ 7.35 lakh crore and compensation of ₹78,704 crore pending only for the year 2021-22 At the time of introduction of…...
Exports of Indian chemicals register growth of 106% in 2021-22 over 2013-14
Ministry of Commerce & Industry Exports of Indian chemicals register growth of 106% in 2021-22 over 2013-14 India exports chemicals to more than 175 countries; new markets include Turkey, Russia and North East Asian Countries Export growth benefits small and medium exporters Exports of Indian Chemicals has registered growth of 106% in 2021-22 over 2013-14.…...