Ministry of Finance

Tariff Notification No. 109/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver

59 ViewsTariff Notification No. 109/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver Ministry of Finance In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes& Customs, …

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Auction for Sale (Re-issue) of ‘4.48% GS 2023’, Auction for Sale (Re-Issue) of ‘GoI Floating Rate Bond 2033’, Auction for Sale (Re-issue) of ‘6.22% GS 2035’, and Auction for Sale (Re-issue)of ‘6.67% GS 2050’.

52 ViewsAuction for Sale (Re-issue) of ‘4.48% GS 2023’, Auction for Sale (Re-Issue) of ‘GoI Floating Rate Bond 2033’, Auction for Sale (Re-issue) of ‘6.22% GS 2035’, and Auction for Sale (Re-issue)of ‘6.67% GS 2050’. Ministry of Finance Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.48% Government Security, 2023’ for a …

Auction for Sale (Re-issue) of ‘4.48% GS 2023’, Auction for Sale (Re-Issue) of ‘GoI Floating Rate Bond 2033’, Auction for Sale (Re-issue) of ‘6.22% GS 2035’, and Auction for Sale (Re-issue)of ‘6.67% GS 2050’. Read More »

DGGI Gurugram arrests one for illegally manufacturing and supplying cigarettes and tax evasion

70 ViewsDGGI Gurugram arrests one for illegally manufacturing and supplying cigarettes and tax evasion Ministry of Finance The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Sh. Satyender Sharma resident of Haryana on charges of manufacturing and supplying illegally manufactured cigarettes without the requisite tax paying documents and without …

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ADB, India sign $50 million loan to boost West Bengal’s digital platforms for public finance reforms

81 ViewsADB, India sign $50 million loan to boost West Bengal’s digital platforms for public finance reforms Ministry of Finance ADB, India sign $50 million loan to boost West Bengal’s digital platforms for public finance reforms Posted On: 02 DEC 2020 4:50PM by PIB Delhi The Asian Development Bank (ADB) and the Government of India …

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IFSCA obtains Membership of International Association of Insurance Supervisors (IAIS)

73 ViewsIFSCA obtains Membership of International Association of Insurance Supervisors (IAIS) Ministry of Finance The International Financial Services Centres Authority (IFSCA) obtained membership of International Association of Insurance Supervisors (IAIS). Established in 1994, the IAIS headquartered in Switzerlandis a voluntary membership organization of insurance supervisors and regulators from more than 200 jurisdictions, constituting 97% of …

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ADB, India sign $132.8 million loan to strengthen Meghalaya’s power distribution Sector

79 ViewsADB, India sign $132.8 million loan to strengthen Meghalaya’s power distribution Sector Ministry of Finance The Asian Development Bank (ADB) and the Government of India today signed a $132.8 million loan to strengthen and modernize the distribution network and improve the quality of power supplied to households, industries, and businesses in India’s northeastern state …

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Indian growth story continues as is demonstrated by the trends in FPI, FDI and Corporate Bond Market flows

91 ViewsIndian growth story continues as is demonstrated by the trends in FPI, FDI and Corporate Bond Market flows Ministry of Finance COVID-19 has drastically affected the investment climate in all economies of the world, causing a sharp decline in the demand and supply equilibrium everywhere. India has been no exception to this unprecedented economic …

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Finance Minister delivers keynote address at the inauguration of the Sri Lanka Economic Summit 2020

79 ViewsFinance Minister delivers keynote address at the inauguration of the Sri Lanka Economic Summit 2020 Ministry of Finance Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman delivered a Keynote Address at the inauguration of the 20th  Edition of Sri Lanka Economic Summit (SLES)  2020 in virtual format, today. SLES annually organized by the …

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Cabinet approves Scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited

111 ViewsCabinet approves Scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited Ministry of Finance The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has given its approval to the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL). On 17.11.2020, to protect depositors’ …

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Two more States – Kerala and West Bengal choose Option-1 to meet the GST implementation shortfall

111 ViewsTwo more States – Kerala and West Bengal choose Option-1 to meet the GST implementation shortfall Ministry of Finance Governments of Kerala and West Bengal have communicated their acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation.  The number of States who have chosen this option has gone up to …

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