Economy

E-Way Bill System for Transportation of Goods throughout the Nation

3 months ago Shruti Goel 0
As per the written statement by Shri Shiv Pratap Shukla, Minister of State for Finance, all the states have joined the centralized e-way bill system initiated by the Government. This e-way bill system has been introduced for inter-State transport of goods by road under the scheme of GST. The provisions of the e-way bill rules Read More

India: 12th largest overseas holder of US security 2017

3 months ago Rishita Raj 0
According to the latest official data by US Treasury Department, India’s exposure in US government securities has risen sharply to a high of $144.7 billion at the end of 2017.The nation continues to be the 12th largest overseas holder of the US government securities and 3rd largest amongst the BRICS (Brazil, Russia, India, China and South Read More

Centre accepts Fugitive Economic Offenders Bill

3 months ago Saloni Hindocha 0
Finally, after Nirav Modi and Vijay Mallya, the Indian Government has decided to take steps to make sure that any more such defaulters and frauds do not arise.  Thus, the Union Cabinet, headed by Prime Minister Narendra Modi, has approved the proposal to introduce Fugitive Economic Offenders Bill 2018 in the Parliament. This statement was given by Finance Read More

A Milestone of 200 Advanced Pricing Agreements achieved by CBDT

3 months ago Shruti Goel 0
During the month of February 2018, the Central Board of Direct Taxes (CBDT) entered into seven more Advance Pricing Agreements (APA). All seven of these are Unilateral APAs. With the signing of these APAs CBDT has achieved a significant milestone of having signed 200 APAs. The overall number of APAs entered into by the CBDT Read More

PNB cheated for $1.77 billion

3 months ago Shruti Goel 0
Recently, a fraud has been detected by the Punjab National Bank ( PNB ) at one of its branches in Mumbai. According to the statements of the bank, fraudulent transactions of over $1.77 billion have been found in one of its branches in Mumbai. As a result of these fraudulent transactions and losses, the shares Read More

Comprehensive Union Budget 2018-2019

4 months ago Shruti Goel 0
The Union budget of India is the annual budget of the Republic of India. It is mentioned in the article 112 of the Constitution of India and known as the Annual Financial statement. It is presented on 1st February, by the Finance Minister in Parliament. It is then materialized before the beginning of the new Read More

All You need to know about Union Budget 2018

4 months ago Sakshi Darpan 0
Union Finance Minister ARUN JAITLEY presented the Union Budget of Financial Year 2018-19 in parliament on 1 February 2018. This was the last laid down budget of the Prime Minister Modi’s led government before Indians go to polls in 2019. Because of this particular reason tremendous pressure was building in with the government. This budget Read More

12-point agenda: Stimulating agricultural growth

4 months ago Shruti Goel 0
On 19 January, Vice-President M.Venkaiah Naidu presents a 12-point agenda for spurring the growth of agriculture. Agriculture is being considered as an unattractive profession by the farmers. This is due to low income and sluggish productivity. Agriculture Agriculture means rearing and procreation of animals, plants, and fungi for various products needed to sustain and enhance Read More

All you need to know about the GST Council Meet

4 months ago Saloni Hindocha 0
GST or the Goods and Services Tax was introduced by Narendra Modi Government on the 1st July 2017.  This tax combined all the individual taxes into one. Prime Minister Narendra Modi called it ‘Good and Simple Tax’. Commodities like petroleum and alcohol continued to be taxed separately by the states. The GST is divided into Read More

Sensex Upswing: 35k-mark for the first time

4 months ago Shruti Goel 0
The stock market index of some companies listed on Bombay Stock Exchange is called the BSE Sensex or simply Sensex. BSE SENSEX is the Bombay Stock Exchange Sensitive Index. It includes 30 well-established and financially sound companies securing a place on the list of Bombay Stock Exchange. In India, the publishing of Sensex has been done since Read More