invitation to contribute articles for ICAI International Conference “Accountancy Profession: Catalyzing Reforms, Creating Values” on December 6-7, 2019 at Mumbai ICAI is organizing its flagship event the ‘ICAI International Conference’ on the theme “Accountancy Profession: Catalyzing Reforms, Creating Values”, on 6th and 7th December 2019 at the National Centre for the Performing Arts (NCPA), Mumbai. The International Conference would…
cabinet approves Special Window for funding of stalled Affordable and Middle-Income housing projects
Ministry of Finance The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the establishment of a 'Special Window' fund to provide priority debt financing for the completion of stalled housing projects that are in the Affordable and Middle-Income Housing sector. For the purposes of the fund, the government shall act as the…
Build brand India for services sector
Ministry of Commerce & Industry Build brand India for services sector: Piyush GoyalServices sector to contribute USD 3 trillion to Indian EconomyCommerce & Industry Minister launches curtain raiser of GES 2019 Union Minister of Commerce and Industry & Railways, Piyush Goyal, said that brand India will be developed in order to promote the 12 champion…
Measures announced by Finance Minister to boost Economy
Status Report on implementation of several measures announced by Finance Minister to boost Economy
PFRDA permitted now Overseas Citizen of India to enroll in NPS at par with Non-Resident Indians
Ministry of Finance PFRDA permitted now Overseas Citizen of India to enroll in NPS at par with Non-Resident Indians Pension Fund Regulatory and Development Authority (PFRDA) has now permitted Overseas Citizen of India (OCI) to enroll in National Pension Scheme (NPS) at par with Non-Resident Indians vide Circular No: PFRDA/2019/19/PDES/3 dated 29th October 2019. The…
Finance Minister Releases Commemorative Coin
Finance Minister Releases Commemorative Coin on Paramahansa Yogananda to Mark his 125th Birth Anniversary The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman released a special commemorative coin on Paramahansa Yogananda to mark his 125th birth anniversary here today . Speaking on the occasion, the Finance Minister said this moment is big honour for…
New World Bank Project to Support Climate Resilient Agriculture for 125,000 Small holder Farmers in Odisha
Ministry of Finance New World Bank Project to Support Climate Resilient Agriculture for 125,000 Small holder Farmers in Odisha The Government of India, Government of Odisha and the World Bank today signed a US$165 million loan agreement to support smallholder farmers strengthen the resilience of their production systems as well as diversify and improve the…
India ranks 63 in World Bank’s Doing Business Report India improves rank by 14 positions
Ministry of Commerce & Industry India ranks63 in World Bank’s Doing Business Report India improves rank by 14 positions The World Bank released its latest Doing Business Report(DBR, 2020) todayon24th October 2019. India has recorded a jump of 14 positions against its rank of 77 in 2019to be placed now at 63rdrank among 190 countries…
Government Reduces the Rate of ESI Contribution from 6.5% to 4%
Ministry of Labour & Employment The Government of India has taken a historic decision to reduce the rate ofcontribution under the ESI Act from 6.5% to 4%(employers’ contribution beingreduced from 4.75% to 3.25% and employees’ contribution beingreducedfrom 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019.Thiswould benefit 3.6 crore employees and 12.85 lakhemployers. The reduced rate of…