Ministry of Commerce & Industry Index Numbers of Wholesale Price in India for the Month of April, 2024 (Base Year: 2011-12) The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 1.26 % (Provisional) for the month of April, 2024(over April, 2023). Positive rate of inflation in April, 2024 is…
CBDT releases new functionality in AIS for taxpayers to display status of information confirmation process in real-time
Ministry of Finance CBDT releases new functionality in AIS for taxpayers to display status of information confirmation process in real-time Taxpayers can now check whether their feedback is acted upon by the Source/Reporting Entities The Annual Information Statement (AIS) is available to all registered Income Taxpayers through the compliance portal, accessible through the e-filing website (www.incometax.gov.in).…
4th Meeting of ASEAN-India Trade in Goods Agreement Joint Committee
Ministry of Commerce & Industry 4th Meeting of ASEAN-India Trade in Goods Agreement Joint Committee The 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) was held in Putrajaya, Malaysia from 7-9 May 2024 and was co-chaired by Shri Rajesh Agrawal, Additional Secretary, Department of Commerce, India and Ms. Mastura Ahmad…
Dr. Vivek Joshi chairs workshop on ‘State of Artificial Intelligence in Banks’ with representatives from 12 Public Sector Banks and other financial institutions under DFS
Ministry of Finance Dr. Vivek Joshi chairs workshop on ‘State of Artificial Intelligence in Banks’ with representatives from 12 Public Sector Banks and other financial institutions under DFS Workshop aimed to enhance understanding of AI technologies and their impact on financial services industry and witnessed discussions on various case studies and strategies for implementing AI…
Sixteenth Finance Commission (XVIFC) invites suggestions/views from general public, institutions and organisations on issues related to its terms of reference
Ministry of Finance Sixteenth Finance Commission (XVIFC) invites suggestions/views from general public, institutions and organisations on issues related to its terms of reference The Sixteenth Finance Commission (XVIFC) invites suggestions/views from general public, interested organisations and individuals on the terms of reference for the XVIFC as specified below, as well as the general approach that…
5th Joint Group of Customs (JGC) meeting between India and Bhutan was held on 6th-7th May, 2024 in Leh, Ladakh
Ministry of Finance 5th Joint Group of Customs (JGC) meeting between India and Bhutan was held on 6th-7th May, 2024 in Leh, Ladakh The 5th JGC meeting discussed a host of bilateral issues for further enhancing cooperation between the two countries India and Bhutan agreed on discovering new strands of complementarities that can be maximised…
Auction for Sale (re-issue) of (i) ‘7.32% GS 2030’ and (ii) ‘7.30% GS 2053’
Ministry of Finance Auction for Sale (re-issue) of (i) ‘7.32% GS 2030’ and (ii) ‘7.30% GS 2053’ The Government of India (GoI) has announced the sale (re-issue) of (i) “7.32% Government Security 2030” for a notified amount of Rs. 11,000 crore (nominal) through price based auction using multiple price method and (ii) “7.30% Government Security 2053” for a notified amount…
4th Session of India-Ghana Joint Trade Committee held in Accra
Ministry of Commerce & Industry 4th Session of India-Ghana Joint Trade Committee held in Accra India, Ghana agree to operationalise UPI on Ghana Interbank Payment and Settlement Systems in six months Both sides explore possibility of MoUs on Digital transformation Solutions and Local Currency Settlement System; opportunities under African Continental Free Trade Agreement also discussed…
India and Australia to work closely for collaborative projects, timely resolve market access issues, deepen people to people contacts, create institutional mechanism for sharing of preferential import data and work on innovative areas for result oriented successful completion of ongoing CECA negotiations
Ministry of Commerce & Industry India and Australia to work closely for collaborative projects, timely resolve market access issues, deepen people to people contacts, create institutional mechanism for sharing of preferential import data and work on innovative areas for result oriented successful completion of ongoing CECA negotiations Posted On: 04 MAY 2024 4:39PM by PIB…
2nd Session of India-Nigeria Joint Trade Committee held in Abuja
Ministry of Commerce & Indust 2nd Session of India-Nigeria Joint Trade Committee held in Abuja Both sides to finalise Local Currency Settlement System Agreement soon Several areas of focus identified:Digital Economy and Digital Public Infrastructure, Crude oil and Natural Gas, pharmaceuticals A seven-member delegation from India led by Additional Secretary, Department of Commerce, Ministry of…