Ministry of Finance Government of India and ADB sign $23 million loan agreement to strengthen fintech ecosystem in India The project will establish an International Fintech Institute (IFI) to strengthen fintech education, boost start-up success rates, and drive fintech research and innovation The Government of India and the Asian Development Bank (ADB) today signed a…
Union Minister Shri Piyush Goyal joins Indo-Pacific Economic Framework for Prosperity (IPEF) Virtual Ministerial Meeting
Ministry of Commerce & Industry Union Minister Shri Piyush Goyal joins Indo-Pacific Economic Framework for Prosperity (IPEF) Virtual Ministerial Meeting Shri Goyal welcomes continued progress at IPEF Union Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal .joined U.S. Secretary of Commerce Gina Raimondo, Thai Deputy Prime Minister…
Ministry of Finance Government of India, ADB sign $181 million loan to improve livability and mobility in Ahmedabad The project will benefit urban poor, women, and migrant workers through improved urban services and urban governance The Government of India and the Asian Development Bank (ADB)today signed a $181 million loan to build quality infrastructure and…
Ministry of Commerce & Industry 67th Meeting of Network Planning Group under PM GatiShakti evaluates five infrastructure projects NPG assesses three roadways and two railways projects The 67th meeting of Network Planning Group (NPG) was held on 12 March 2024 in New Delhi, under the chairpersonship of Additional Secretary, Department for Promotion of Industry and Internal Trade…
Advisory on GSTR-1/IFF: Introduction of New 14A and 15A tables
Advisory on GSTR-1/IFF: Introduction of New 14A and 15A tables It is informed to all taxpayers that as per Notification No. 26/2022 – Central Tax dated 26th December 2022 two new Table 14A and Table 15A have been introduced in GSTR-1 to capture the amendment details of the supplies made through e-commerce operators (ECO) on…
Income Tax Department to mount e-campaign for Advance Tax e-campaign for F.Y. 2023-24
Ministry of Finance Income Tax Department to mount e-campaign for Advance Tax e-campaign for F.Y. 2023-24 Through e-campaign, persons/entities carrying out significant financial transactions will be informed through email/SMS to urge them to compute and deposit their due advance tax on or before 15.03.2024 The Income Tax Department has received certain information on specific financial…
India-EFTA Trade and Economic Partnership Agreement
Ministry of Commerce & Industry India-EFTA Trade and Economic Partnership Agreement India-European Free Trade Association signeda Trade and Economic Partnership Agreement (TEPA) today i.e. on 10th March 2024. India has been working on a Trade and Economic Partnership Agreement (TEPA) with EFTA countries comprising Switzerland, Iceland, Norway & Liechtenstein. The Union Cabinet chaired by the Hon’ble…
Advisory: Integration of E-Waybill system with New IRP Portals
Advisory: Integration of E-Waybill system with New IRP Portals Dear Taxpayers, 1. GSTN is pleased to announce the successful integration of E-Waybill services with four new IRP portals via NIC, enabling taxpayers to generate E-Waybills alongside E-Invoicing on these four IRPs. 2. This new facility complements the existing services available on the NIC-IRP portal, making E-Waybill…
Government of India notifies extension of Remission of Duties and Taxes on Exported Products support to Advance Authorisation Holders, Export Oriented Units and Special Economic Zones Units
Ministry of Commerce & Industry Government of India notifies extension of Remission of Duties and Taxes on Exported Products support to Advance Authorisation Holders, Export Oriented Units and Special Economic Zones Units Union Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal announced the extension of Remission of…
Ministry of Finance DRI intercepts illegal elephant tusk trade in Bengaluru, seven arrested In a meticulously planned operation, the Directorate of Revenue (DRI) officers in Bengaluru have busted a syndicate’s efforts to illicitly trade elephant tusks, classified under Schedule I of the Wildlife Protection Act, 1972, at the outskirts of Bengaluru, Karnataka. The interception of…