Government
Central govt employees and pensioners to get 3 per cent additional DA
17 Oct 2024
The union cabinet on Wednesday approved payment of an additional 3 per cent dearness allowance (DA) to central government employees and dearness relief (DR) to central government
Centre hikes minimum wages for unorganised sector workers
27 Sep 2024
The central government has raised the minimum wage payable to unorganised workers engaged in building construction, loading and unloading,
Karnataka may exempt electric and hybrid vehicles from paying road tax
26 Sep 2024
The Karnataka government is reported to be planning to give exemption form road tax to electric and hybrid vehicles with a price tag of less than Rs25 lakh, as part of its efforts to develop a clean mobility
Cabinet accepts recommendations on simultaneous elections
20 Sep 2024
The union cabinet has accepted the recommendations of the high-level committee chaired by former President Ram Nath Kovind recommending simultaneous elections
India, Australia look to deepen economic ties
06 May 2024
An India-Australia Joint Committee Meeting (JCM), held in Canberra as well as meetings with businesses in Sydney and Melbourne have emphasised the need to work closely, especially in collaborative projects, in order to bring new synergy to the strategic partnership of the two countries.
India’s GST revenue crosses Rs2-lakh cr in April 2024
02 May 2024
India’s gross revenue collection by way of Goods and Services Tax (GST) exceeded the Rs2 lakh crore-mark for the first time in April 2024, the opening month of the current fiscal, hitting a record Rs2.10 lakh crore.
Chinese industrial goods accounted for 30% of India’s 2023-24 imports: GTRI report
29 Apr 2024
China's share in India's industrial goods imports jumped to 30 per cent in 2023-24 from 21 per cent over the 15-year period between 2008-09 and 2023-24, as per a report published by Global Trade Research Initiative (GTRI).
India’s FY24 direct tax mop-up exceed revised estimates by Rs13,000 cr
23 Apr 2024
Net direct tax collection in India increased by 17.70 per cent to an estimated Rs19.58 lakh crore in the 2023-24 financial year, compared to Rs16.64 lakh crore in the previous financial year, provisional figures released by the finance ministry show.
Govt e-marketplace GeM onboards over 2 m sellers, records Rs4-cr turnover
01 Apr 2024
Government e-marketplace (GeM) has onboarded 2.1 million sellers and doubled its turnover (gross merchandise value) as of end-March 2024, doubling the GVM year-on-year.
Govt e-marketplace GeM onboards over 2 m sellers, records Rs4-cr turnover
01 Apr 2024
Government e-marketplace (GeM) has onboarded 2.1 million sellers and doubled its turnover (gross merchandise value) as of end-March 2024, doubling the GVM year-on-year.
Govt e-marketplace GeM onboards over 2 m sellers, records Rs4-cr turnover
01 Apr 2024
Government e-marketplace (GeM) has onboarded 2.1 million sellers and doubled its turnover (gross merchandise value) as of end-March 2024, doubling the GVM year-on-year.
Gross GST collection in February up 12.5% at Rs1,68,337 crore
05 Mar 2024
Gross revenue collection by way of Goods and Services Tax (GST) increased by 12.5 per cent year-on-year in February 2024 and stood at Rs1,68,337 crore. The increase in GST collection in February was marked by a 13.9 per cent increase in domestic transactions and 8.5 per cent increase in GST from import of goods.
India's industrial production grows 3.8% in December
13 Feb 2024
Industrial production in India based on the Index of Industrial Production (IIP) expanded 3.8 per cent in December 2023, against 2.4 per cent in the previous month and 5.1 per cent in December 2022
Finance minister tables white paper on state of Indian economy before and after 2014
10 Feb 2024
Finance minister Nirmala Sitharaman on Thursday tabled a 'white paper on the Indian economy' detailing the state of the economy prior to 2014 and after
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And now, PDS fair price shops on-board ONDC
08 Feb 2024
For the first time, 11 Fair Price Shops of Una and Hamirpur districts of Himachal Pradesh on-boarded the free e-commerce platform, Open Network Digital Commerce (ONDC)
Budget proposes rating of iconic tourist centres based on quality and facilities
02 Feb 2024
Presenting the Interim Budget 2024-25 in Parliament, finance minister Nirmala Sitharaman laid emphasis on comprehensive development of tourist centers for achieving the vision of ‘Viksit Bharat’ by 2047.
Women SHGs will help create 30 million `Lakhpati Didis, says finance minister
02 Feb 2024
Buoyed by the success of the Women Self Help Groups (SHGs) across the country, the government has decided to set the goal higher and enhance the target for `Lakhpati Didis’ from 20 million to 30 million, finance minister Nirmala Sitaraman said while presenting the Interim Union Budget 2024-25 in Parliament.
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Interim Union Budget 2024–25: Key highlights
01 Feb 2024
Embodying the principles of ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas,’ Union Minister for Finance and Corporate Affairs, Nirmala Sithraman, unveiled the Interim Budget 2024–25 in Parliament, aligning with the ‘Sabka Prayas’ approach. Following are the key highlights of the Interim Union Budget 2024–25 discussed in the session.
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India’s GST collection rises 10.4% to Rs1,72,129 cr in January
01 Feb 2024
Gross revenue collected by way of Goods and Services Tax (GST) in January 2024 stood at Rs1,72,129 crore, recording a 10.4 per cent year-o-year growth over the Rs155,922 crore collected in January 2023
Government reduces import duty on mobile phone components from 15% to 10%
31 Jan 2024
In a recent move to boost the export sector of India, the Ministry of Finance announced on Tuesday, 30th January, 2024, a reduction in the import duty on components used for mobile phone manufacturing.
Government reduces import duty on mobile phone components from 15% to 10%
31 Jan 2024
In a recent move to boost the export sector of India, the Ministry of Finance announced on Tuesday, 30th January, 2024, a reduction in the import duty on components used for mobile phone manufacturing.
Cabinet panel allows coal PSUs to set up 2 new thermal power projects
19 Jan 2024
The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal for equity investment by South Eastern Coalfields Limited (SECL) in a 1×660 MW thermal power plant
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Govt to build 6,000 km of EV-ready highways by 2030
11 Jan 2024
The government has proposed to build 6,000 km of highways that are ready for electric mobility over the next seven years, as part of the proposed Vision 2030 PM Public Transport Sewa projects.
India aims for $5 trillion economy by FY28, eyes $30 trillion by 2047: Finance Minister Sitharaman
10 Jan 2024
India’s Finance Minister Nirmala Sitharaman announced optimistic projections for India’s economic future at the Vibrant Gujarat Global Summit.
India aims for $5 trillion economy by FY28, eyes $30 trillion by 2047: Finance Minister Sitharaman
10 Jan 2024
India’s Finance Minister Nirmala Sitharaman announced optimistic projections for India’s economic future at the Vibrant Gujarat Global Summit.
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