finance

Due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 extended further to 31.03.2021

  It may be noted that the due date for furnishing of the Annual returns (GSTR-9 and GSTR-9C) specified under section 44 of the CGST Act read with…

Finance Minister Smt. Nirmala Sitharaman chairs meeting to discuss post-budget action points for infrastructure roadmap ahead

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in a virtual meeting yesterday with CEO, NITI Aayog and Secretaries of 22 Infrastructure…

Government of India & AIIB sign agreement for $304 million to improve reliability, capacity and security of the power transmission network in the state of Assam

The Government of India and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agreement for a $304 million Assam Intra-State Transmission…

GST compensation shortfall released to States reaches Rs. 1 lakh crore

17th Instalment of Rs. 5,000 crore released to the States on Friday, 19th February, 2021; 91 percent of the estimated shortfall released.

The Ministry…

Centre to infuse Rs 3,000 crore in National Insurance, Oriental Insurance and United India Insurance in Q4 FY21

In its bid to improve the financial condition of the state-run general insurance companies, the Finance Ministry has decided to put in additional Rs…

With rising stocks, cost and push to procure it’s a challenge for FCI

The Food Corporation of India’s (FCI) economic cost of wheat sold through the public distribution system (PDS) is budgeted to go up to Rs 29.94…

Govt comes down on price of steel for highway construction to reduce cost

Doing away with restrictive conditions for use of steel in highways construction, the government has allowed the use of all kinds of steel for construction…

KreditBee raises Rs 544 crore from investors including Azim Premji

Bengaluru-based digital lending startup KreditBee has raised Rs 544 crore ($75 million) from investors including business tycoon Azim Premji's…