Ministry of Finance CGST Navi Mumbai Commissionerate busts fake ITC racket of Rs. 10.68 Crore, arrests proprietor of a steel firm Mumbai: February 3, 2022 CGST Commissionerate, Navi Mumbai had busted a fake ITC racket of Rs. 10.68 Crores and arrested the proprietor of M/s. Navnit Steels (GSTIN: 27AEXPD3871K1ZV) on Wednesday (February 2, 2022). The…
SUMMARY OF THE ECONOMIC SURVEY 2021-22
Ministry of Finance SUMMARY OF THE ECONOMIC SURVEY 2021-22 AS PER WORLD BANK, ADB AND IMF PROJECTIONS, INDIA TO REMAIN THE FASTEST GROWING MAJOR ECONOMY IN THE WORLD DURING 2021-24 INDIAN ECONOMY TO GROW BY 9.2% IN REAL TERMS IN 2021-22 AGRICULTURE TO GROW BY 3.9 % IN 2021-22 IN COMPARISON TO 3.6% IN THE…
Year End Review – 2021 for Department for Promotion of Industry & Internal Trade, Ministry of Commerce and Industry
Ministry of Commerce & Industry Year End Review – 2021 for Department for Promotion of Industry & Internal Trade, Ministry of Commerce and Industry Economy started showing sign of recovery from Covid with GDP growth rebounding to 20.1% in Q1 and 8.4% in Q2 of current FY Several high frequency indicators like E-way bills, rail…
DGGI Ahmedabad seizes more than Rs 177 crore in Kanpur search operations
Ministry of Finance DGGI Ahmedabad seizes more than Rs 177 crore in Kanpur search operations Search operations in related premises continue with recovery of Rs 17 crore, 64 kg gold and 600 kg sandalwood oil worth Rs 6 crore Posted On: 27 DEC 2021 7:41PM by PIB Delhi The Ahmedabad unit of Directorate General of…
Officers Of Directorate General Of GST Intelligence (DGGI), Ahmedabad With The Support Of Officers Of Local Central GST Initiated Search Operations In Kanpur
Ministry of Finance Officers Of Directorate General Of GST Intelligence (DGGI), Ahmedabad With The Support Of Officers Of Local Central GST Initiated Search Operations In Kanpur Posted On: 24 DEC 2021 4:40PM by PIB Ahmedabad On specific intelligence, officers of Directorate General of GST Intelligence (DGGI), Ahmedabad with the support of officers of local Central…
Centre to brainstorm on reducing compliance burden of citizens and businesses
Ministry of Commerce & Industry Centre to brainstorm on reducing compliance burden of citizens and businesses A National Workshop on the ‘Next Phase of Reforms for Reducing Compliance Burden’ to be held Secretary DPIIT interacts with several stake holders Outcomes expected to significantly improve ‘Ease of Living’ and ‘Ease of doing Business’ Posted On: 12…
North-Eastern Region to emerge as a hub for rubber production:Shri Piyush Goyal
Ministry of Commerce & Industry North-Eastern Region to emerge as a hub for rubber production: Shri Piyush Goyal “Central Government has planned rubber plantations on 2 lakh hectares in the NE” Piyush Goyal addresses the ‘Destination Tripura - Investment Summit’ “Tripura has the potential to emerge as the country’s hub of Agarbatti Industry”: Shri Goyal…
Payment of GST compensation to States in times of COVID-19 pandemic
Ministry of Finance Payment of GST compensation to States in times of COVID-19 pandemic Posted On: 07 DEC 2021 5:38PM by PIB Delhi As per the provisions of the GST (Compensation to States) Act, 2017, GST compensation for financial years 2017-18, 2018-19 and 2019-20 has already been paid to the States. This was stated by…
Invitation of comments from public on Cross-Border Insolvency under Insolvency and Bankruptcy Code, 2016
File No. 30/27/2018-Insolvency Section Government of India Ministry of Corporate Affairs Date: 24th November 2021 NOTICE Invitation of comments from public on Cross-Border Insolvency under Insolvency and Bankruptcy Code, 2016 ‘Cross-border insolvency’ denotes circumstances in which an insolvent debtor has assets and/or creditors in more than one country. With the rapid increase in globalisation and…
Finance Minister Smt. Nirmala Sitharaman confers Presidential Award of Appreciation Certificate to 26 officers and staff of CBIC for “Specially Distinguished Record of Service” at Investiture Ceremony in Lucknow
Ministry of Finance Finance Minister Smt. Nirmala Sitharaman confers Presidential Award of Appreciation Certificate to 26 officers and staff of CBIC for “Specially Distinguished Record of Service” at Investiture Ceremony in Lucknow Finance Minister suggests one-time special “Corona Response Award” for outstanding performance of Customs officials in fighting COVID-19 pandemic Posted On: 26 NOV 2021…