Punjab: Bathinda entrepreneurs reap benefits of central government schemes
Aug 15, 2023, at 11:52 pm
Bathinda: The Prime Minister’s Employment (PME) Scheme and the Prime Minister Food Processing (PMFP) Scheme seem to have started yielding good results in Punjab’s Bathinda region, with entrepreneurs in the district claiming of making huge profits within a year after implementation of the two schemes.
Cabinet clears 4 pct hike in DA for central govt employees
Mar 25, 2023, at 03:50 am
New Delhi/IBNS: The Union Cabinet chaired by Prime Minister Narendra Modi on Friday has given its approval to release an additional instalment of Dearness Allowance (DA) to central governments employees and Dearness Relief to Pensioners with effect from Jan 1 of this year.
Centre releases Rs. 17,000 crore of GST compensation to States/UTs
Nov 25, 2022, at 10:29 pm
New Delhi: The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022.
Centre clears entire GST compensation due till date to states
Jun 01, 2022, at 03:40 am
New Delhi: The Government of India on Tuesday said it has released the entire amount of GST compensation payable to states up to 31st May, 2022 by releasing an amount of Rs.86,912 crores.
Centre to develop framework to check fake reviews on E-Commerce websites
May 28, 2022, at 07:39 pm
New Delhi: The Centre will develop a framework to keep check over fake reviews on E-Commerce websites.
States should leverage opportunities to scale up investments and growth: Nirmala Sitharaman
Nov 16, 2021, at 06:05 am
New Delhi/IBNS: Union Finance Minister Nirmala Sithraman on Monday directed states to leverage opportunities to scale up investments and growth with Centre's reforms to make India globally and domestically attractive in terms of being business-friendly.
Centre extends deadline for filing income tax returns to Dec 31
Sep 10, 2021, at 01:39 am
New Delhi/IBNS: The deadline for filing the returns of income tax has been extended till December 31, the Centre informed on Thursday.
Fiscal package well-timed and will help many pandemic-hit sectors come on its feet: EEPC India
Jun 29, 2021, at 05:10 am
New Delhi/IBNS: The Rs 6.28 lakh crore stimulus package announced by the government is very well-timed and will boost overall confidence in the economy, said EEPC India Chairman Mahesh Desai.
Centre proposes changes to e-commerce rules, bans flash sales
Jun 22, 2021, at 03:48 am
New Delhi/IBNS: The Centre on Monday proposed several changes to the country's e-commerce rules to contain the widespread cheating and unfair trade practices in the system.
Govt slashes interest rates on small savings, PPF down from 7.1 pct to 6.4 pct
Apr 01, 2021, at 05:14 am
New Delhi/IBNS: The Indian Government on Wednesday slashed the interest rate on small savings from 4 per cent to 3.5 per cent annually, while Public Provident Fund (PPF) will be down from 7.1 per cent to 6.4 per cent.
Oct 15, 2020, at 12:03 am
New Delhi/UNI: Supreme Court on Wednesday asked the Centre and banks to clarify whether they are implementing the waiver of interest on interest or not for the Covid 19 moratorium period.
Government increases fuel excise duty by Rs. 3 per litre
Mar 14, 2020, at 02:09 pm
New Delhi/IBNS: Making the steepest hike in eight years, the Centre on Friday increased fuel excise duty by Rs. 3 per litre, media reports said.
Reserve Bank of India to transfer Rs. 1,76,051 crore to government
Aug 27, 2019, at 09:01 am
New Delhi, Aug 27 (IBNS): The Reserve Bank of India on Monday announced it has accepted the recommendations of Bimal Jalan Committee following which it approved surplus transfer to the Centre.
Centre reduces fuel prices by Rs 2.50; Gujarat, Maharashtra follow
Oct 04, 2018, at 04:41 pm
New Delhi, Oct 4 (IBNS): Facing severe criticisms from the Opposition over the fuel price hike, the central government on Thursday reduced the prices of petrol and diesel by Rs 2.50 per litre.
GST revenue collection in the month of April 2018 exceeds Rs. 1 lakh crore mark: Centre
May 01, 2018, at 09:02 pm
New Delhi, May 1 (IBNS): For the first time since its inception in July last year, the Centre on Tuesday said the revenue collected towards Goods and Services Tax (GST) for the month of April 2018 crossed the Rs 1 lakh crore mark.
Govt. expects to raise Rs. 750 crore through OFS of 5% shares of NLC India Limited
Oct 26, 2017, at 12:28 am
New Delhi, Oct 25 (IBNS): The Government of India on Wednesday said it is likely to raise Rs. 750 crores through disinvestment of 5% of paid-up equity shares of NLC India Limited (NLCIL) through Offer for Sale (OFS) mechanism.
GST, demonetisation may impact Indian wedding market growth: ASSOCHAM
Oct 24, 2017, at 09:01 pm
New Delhi, Oct 24 (IBNS): The upcoming wedding season starting in November may be impacted by 10-15 per cent particularly wedding services like marriage garden/marriage hall booking, tent booking, confectionery services, photography and more, reveals by industry chamber ASSOCHAM.
Centre working to expand capacity of NALCO to make it major aluminium producer globally
Jun 29, 2017, at 01:22 am
New Delhi, June 28 (IBNS): It has come to the notice of the Government of India regarding a news item appearing in some section of the Press that Government of India is trying to privatise the National Aluminium Company Limited (NALCO) through buyback and offer for sale (OFS).
GJF welcomes Centre's decision to fix GST Rate at 3 pct low GST to enhance growth
Jun 06, 2017, at 02:40 am
Mumbai, June 5 (IBNS): All India Gems & Jewellery Trade Federation (GJF) on Monday highly appreciated the Government’s decision to fix the Goods and Services Tax (GST) at 3 per cent for the Jewellery trade and industry.
Demonetisation move has advantages: Jaitley
Dec 14, 2016, at 12:13 am
New Delhi, Dec 13 (IBNS): Batting in favour of the cash ban move launched by the Centre last month, Union Finance Minister Arun Jaitley on Tuesday said the entire step taken by the government has 'advantage'.
Govt decides to print plastic currency notes
Dec 10, 2016, at 01:25 am
New Delhi, Dec 9 (IBNS): The government on Friday said it has decided to print plastic currency notes.
Centre advances banned Rs 500 note-exemption by a day
Dec 10, 2016, at 12:46 am
New Delhi, Dec 9 (IBNS): The central government on Friday announced it has withdrawn exemptions given for the use of Rs.500 old notes, from the mid night of Dec 9, for making payments at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets.
Govt proposes Bill to tax black money
Nov 29, 2016, at 05:11 am
New Delhi, Nov 28 (IBNS): After banning Rs. 500/1000 notes, the Centre on Monday proposed new rules to tax black money that are being recovered.
Currency ban: Banks to remain open this weekend
Nov 10, 2016, at 04:25 am
New Delhi, Nov 9 (IBNS): In the wake of the Centre's decision to scrap all old Rs 500 and Rs.1000 notes, all banks will remain open on Saturday and Sunday this week to facilitate the process of replacement of currencies.
Centre clears auction of 69 Oil India, ONGC fields
Sep 03, 2015, at 01:20 am
New Delhi, Sept 2 (IBNS): The Union Cabinet chaired by Prime Minister, Narendra Modi on Wednesday gave its approval to the Marginal Fields Policy (MFP), for development of hydrocarbon discoveries made by national oil companies; Oil & Natural Gas Corporation Ltd. (ONGC) and Oil India Ltd. (OIL).