India and Israel on Monday signed a Bilateral Investment Agreement (BIT) here in the national capital, aimed at enhancing reciprocal investments and strengthening economic cooperation between the countries.
According to the Ministry of Finance, coal previously attracted a 5 per cent GST, along with a Compensation Cess of Rs 400/ton, prior to the rate rationalisation.
The Ministry of Electronics and Information Technology (MeitY) has begun work on the next phase of India's semiconductor programme, Semicon 2.0, and is currently holding discussions with the Ministry of Finance and other stakeholders to finalise its contours
T.C.A. Kalyani, a 1991-batch officer of the Indian Civil Accounts Service (ICAS), today assumed charge as the new Controller General of Accounts (CGA) in the Department of Expenditure, Ministry of Finance. She is the 29th officer to hold this position.
To give relief to the textile sector from the US tariffs, the Central Government on Thursday announced to extend the exemption of import duty on cotton till December 31, 2025. The move is aimed at ensuring adequate availability of cotton for the domestic textile industry, according to a M
The immediate impact of the recently imposed US tariffs on Indian exports may appear limited, but the secondary and tertiary effects on the economy pose significant challenges that must be addressed, highlighted a report by the Department of Economic Affairs under the Ministry of Finance.
The government's recent policy initiatives, including the setting up of a Task Force for Next-Generation Reforms and the forthcoming GST reforms, deregulation initiatives of the States, coupled with the sovereign rating upgrade, are set to reduce borrowing costs, attract foreign capital, and
The Ministry of Electronics and Information Technology (MeitY) has begun work on the next phase of India's semiconductor programme, Semicon 2.0, and is currently holding discussions with the Ministry of Finance and other stakeholders to finalise its contours.
Officers appointed by the EC as Observers are Sushil Kumar Lohani, Additional Secretary, Ministry of Panchayati Raj and D. Anandan, Additional Secretary, Ministry of Finance.
In a major relief to the textile and garment industry, the Central Government on Monday announced a complete waiver of customs duty and Agriculture Infrastructure and Development Cess (AIDC) on the import of raw cotton.
Prime Minister Narendra Modi, on the occasion of the 79th Independence Day, announced that the government's focus is now on the next phase of GST reforms, built on three pillars: structural reforms, rate rationalisation and ease of living.