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PM Narendra Modi interacts with CEOs of leading oil & gas companies

PM Narendra Modi interacts with CEOs of leading oil & gas companies

Prime Minister Narendra Modi today interacted with CEOs of leading oil & gas companies in the annual event organized by NITI Aayog and Ministry of Petroleum and Natural Gas. During the interaction, Prime Minister highlighted that energy is at the centre of human development, which is why conversations around the …

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Extension of due dates for Annual Return and Reconciliation Statement for 2018-19

Extension of due dates for Annual Return and Reconciliation Statement for 2018-19

The Government has been receiving a number of representations regarding need to extend due date for filing Annual Return (FORM GSTR-9) and Reconciliation Statement (FORM GSTR-9C) for 2018-19 on the grounds that on account of the COVID-19 pandemic related lockdown and restrictions, normal operation of businesses have still not been …

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Extension of due date of furnishing of Income Tax Returns and Audit Reports

Extension of due date of furnishing of Income Tax Returns and Audit Reports

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (‘the Ordinance’) on 31st March, 2020 which, inter alia, extended various time limits. The Ordinance …

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Central Government borrows and transfers Rs.6,000 crore as first tranche to 16 States on account of GST compensation under Special Borrowing Window

Central Government borrows and transfers Rs.6,000 crore as first tranche to 16 States on account of GST compensation under Special Borrowing Window

The Government of India has evolved a special borrowing window to address the shortfall in the GST collection during the year 2020 – 2021. 21 States and 2 Union Territories opted for this special window involving back-to-back borrowing coordinated by the Ministry of Finance. Out of these, five States did …

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Finance Minister Nirmala Sitharaman holds 4th review meeting on CAPEX of CPSEs

Finance Minister Nirmala Sitharaman holds 4th review meeting on CAPEX of CPSEs

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman today held Video Conference with Secretaries of the Ministries of Petroleum & Natural Gas and M/o Coal, along with the CMDs of 14 CPSEs belonging to these Ministries, to review the capital expenditure (CAPEX) in this financial year. This was 4th …

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Finance Minister Nirmala Sitharaman participates in 102nd meeting of the World Bank Development Committee Plenary

Finance Minister Nirmala Sitharaman participates in 102nd meeting of the World Bank Development Committee Plenary

Union Minister of Finance & Corporate Affairs Nirmala Sitharaman participated in the 102nd Meeting of the Development Committee Plenary through video conferencing here today. The items on the agenda included Leaning Forward to Save Lives, Scale-up Impact and Get Back on Track: World Bank Group COVID-19 Crisis Response and Update …

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Micromax unveils its new brand avatar – ‘in’

Micromax unveils its new brand avatar - ‘in’

Micromax Informatics Ltd., India’s very own consumer electronics brand, today unveiled a new sub brand- ‘in’, as it makes a comeback in the smartphone segment. The announcement comes on the heels of the PLI approvals sanctioned by the Government of India, moving a step closer to realising the vision of …

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Income Tax Department carries out searches in Delhi, NCR and Haryana

Income Tax Department carries out searches in Delhi, NCR and Haryana

The Income Tax Department has carried out a search and seizure action on 14.10.2020 in the case of a leading advocate practicing in the field of commercial arbitration and alternate dispute resolution. He was suspected to be receiving substantial amounts in cash from his clients, to settle their disputes. During …

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Finance Minister Nirmala Sitharaman attends the G20 Finance Ministers and Central Bank Governors Meeting through video conferencing

Finance Minister Nirmala Sitharaman attends the G20 Finance Ministers and Central Bank Governors Meeting through video conferencing

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman participated in the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency here today through video conferencing. Ministers and Governors of G20 countries had gathered to discuss the current global economic outlook and G20’s response to …

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5th Meeting of the India-Mexico Bilateral High Level Group on Trade, Investment and Cooperation

5th Meeting of the India-Mexico Bilateral High Level Group on Trade, Investment and Cooperation

The fifth meeting of the India-Mexico Bilateral High Level Group on Trade, Investment and Cooperation (BHLG) was held on 9 October 2020 through video conference. The meeting was co-chaired by the Commerce Secretary of the Government of India, Dr. Anup Wadhawan and the Vice Minister for Foreign Trade of the …

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