Govt extends FY19 GST annual return filing deadline by 1 month
The government has extended the deadline for filing GST annual return and audit report for 2018-19 fiscal year by a month till October 31. “After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for […]
Gold rate rises to Rs 49,260, silver prices remain stable
Spot gold prices in India (Rs 49,260) have increased since yesterday (Rs 49,250). However, it is lower than this week’s average of Rs 49,410.0 by 0.3%. The Indian spot gold price as of today is Rs 49,260 which grew by 0.02%; the rate was lower than global gold spot growth rate of 0.14%. The global […]
Government extends sugar export deadline by three months till December
The government has given additional three months’ time till December to millers to undertake mandatory export of their sugar quota allocated for this year, a senior Food Ministry official said on Monday. For the 2019-20 marketing year ending September, the government has allowed export of 6 million tonnes of sugar under the quota to help […]
Amazon.in to host ‘Handicrafts Mela’ from Sep 26-Oct 10
Amazon.In on Saturday said it will host a virtual ‘Handicrafts Mela’ from September 26-October 10, showcasing more than 270 art and craft forms from various parts of the country. Over eight lakh artisans and weavers associated with 1,500 Amazon Karigar sellers and 17 government emporiums including Tantuja, Harit Khadi, Tribes India and national-level artisan organisations […]
Indian economy to shrink by 5.9%: UN
Impacted by disruptions caused by the Covid pandemic, India’s economy is forecast to contract by 5.9% in 2020, the UN has said in a report, warning that while growth will rebound next year, the contraction is likely to translate into a permanent income loss. The Trade and Development Report 2020 by UN Conference on Trade […]
Govt launches ISD scheme to boost establishment of sheep, goat units
The Government of Jammu and Kashmir Tuesday launched Integrated Sheep Development (ISD) scheme 2020-21 to promote establishment of sheep and goat units in the Union Territory with formal announcement of a dedicated allocation of Rs 10 crore under CAPEX for establishment of these units. “Integrated Sheep Development Scheme is an innovative initiative of the government […]
Financial package is to hoodwink biz community: CCIK
The Associated Chamber of Commerce and Industries-Kashmir (CCIK) said that the government is just “hoodwinking” people by announcing the package. CCIK, in a statement, said the “package for business revival and growth” announced by the Lt.Governor should be an “eye opener” to the business community who are being conveniently “befooled” by the government. It said […]
Govt collects Rs 84,023 cr non-tax revenue in FY21 so far
The central government has so far collected non-tax revenue of Rs 84,023.78 crore during the ongoing financial year, Minister of State for Finance Anurag Singh Thakur said on Sunday. In a written reply to a question in the Rajya Sabha, Thakur said the total corporate tax collection so far during this financial year is Rs […]
J&K Govt Announces a package of 1350 crore rupees for the revival of business sector in J&K
50 % discount in electricty and water bills for one year GoI has prepared the new industrial policy for J&K and it will benefit the investors massively. I believe that every annoucement we make should be implemented with quality Decided to give 5% Interest subvention to every borrower from business community at every level for […]
Facebook India hires ex-Ola COO as head for global biz group
Facing intense political heat in India, Facebook on Monday announced the appointment of former Ola Chief Operating Officer Arun Srinivas as director of its Global Business Group to lead the strategy and delivery of the India marketing solutions charter that is focused on large advertisers and agencies. Srinivas’ appointment comes after a series of senior […]