Govt. allows free export of PPE, face shields and masks
AMN The Commerce Ministry has amended its export policy for Personal Protection Equipment, PPE and masks today. Under the new policy, PPE medical coveralls of all categories are allowed to…
RBI projects India’s growth rate at (-) 4.5 per cent for 2020-21
AMN The Reserve Bank has projected India’s growth rate at (-) 4.5 percent for 2020-21. In its annual report released today, RBI projected global growth rate between (-) 6.0 per…
COVID situation gives unique opportunity for cooperation between govt and industry: FM
Staff Reporter / New Delhi Union Finance Minister Nirmala Sitharaman has said that the COVID situation provides a unique opportunity for establishing exemplary cooperation between government, regulators and the industry…
Global tourism lost $320 bn in 5 months due to coronavirus: UN
WEB DESK The Global tourism industry has been devastated by the coronavirus pandemic, with USD 320 billion lost in exports in the first five months of the year and more…
Businesses with annual turnover of up to Rs 40 lakh exempted from GST: Govt
Staff Reporter / New Delhi The Union Ministry of Finance today said that businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Initially, this limit…
Virtual hearing must for GST appeal for disposal of cases amid Coronavirus pandemic
Staff Reporter The Central Board of Indirect Taxes and Customs-CBIC has asked GST field offices to conduct hearings in GST appeal cases through video conferencing for their expeditious disposal while…
More than 6,40,000 mandays of work generated by Railways
WEB DESK India Railways have generated more than six lakh 40 thousand mandays of work under Gareeb Kalyan Rozgar Abhiyan in six States. The States are Bihar, Jharkhand, Madhya Pradesh,…
Toys can be an excellent medium of ‘Ek Bharat, Shreshtha Bharat’: PM Modi
Holds meeting to discuss ways to boost manufacturing of Indian toys Staff Reporter / New Delhi The Prime Minister Narendra Modi has said that toys can be an excellent medium…
Hallmark of precious metals will be mandatory from June 1 next year
AMN Consumer Affairs Minister Ram Vilas Paswan has said that hallmarking of precious metals will be mandatory from 1st June next year. Mr Paswan said this while launching the online…
One-Time-Settlement Scheme (OTS) should be launched for all banks
By MADHU AGRAWAL State Bank of India (SBI) long back in the year 2012 had launched One-Time-Settlement (OTS) scheme for distressed SBI loans with Micro, Small and Medium Enterprises (MSMEs)…