Page 737 - Economy & Policy News

Haryana to get Rs 629 cr outstanding amount of GST compensation: Chautala

Haryana Deputy Chief Minister Dushyant Chautala on Saturday said the state will soon receive the outstanding amount of Rs 629 crore of GST compensation for June 2022 from the Centre

Centre making roads worth Rs 3 trn in NE to help eradicate poverty: Gadkari

Government of India under PM Narendra Modi is making roads valued at Rs 3 trillion in the North East to help eradicate poverty and reduce the suffering of people, Union minister Nitin Gadkari said

Centre allows sale of excess tobacco produced by registered growers

The government on Saturday said it has allowed sale of excess tobacco produced by registered growers on auction platforms for the crop season 2022-23

Digital space can't be dominated by few large cos: MoS IT Chandrasekhar

India will not allow domination of digital space by 1-2 big players and boundary conditions of openness and fair choice to users will have to be followed, IT Minister Rajeev Chandrasekhar said

GST Council okays setting up tribunals, specific levy for pan masala firms

GST Council also decided to clear the entire dues of GST compensation pending to states

GST Council adopts GoM report on setting up tribunals with modifications

Nirmala Sitharaman said the GST Council adopted the report of the Group of Ministers on GST Appellate Tribunal with certain modifications

Govt to boost semiconductor manufacturing in next 10 yrs: Ashwini Vaishnaw

Union Minister for Electronics & Information Technology, Ashwini Vaishnaw announced that the govt will come up with a program very soon to put the country on a good semiconductor journey

GST Council cuts tax on jaggery; rationalises late fee on delayed returns

Headed by Union Finance Minister, the Goods and Services Tax (GST) Council comprises finance ministers of states and UTs (with legislature)

Entire Rs 16,982 cr GST compensation cess to states to be cleared: FM

Finance Minister Nirmala Sitharaman said on Saturday that the entire GST compensation cess for June 2022 totalling Rs 16,982 crore will be cleared.

FCI to offer 1.17 MT wheat to bulk consumers in 3rd e-auction on Feb 22

Bidders, who have registered themselves on the e-portal of M-Junction by 10 pm on February 17, will be allowed to participate in the e-auction on February 22

EAM calls on Australian PM Albanese to discuss bilateral strategic ties

"India and Australia are on-track. Bilaterally, our Comprehensive Strategic Partnership sets the framework and the ECTA will turbocharge the relationship. Regular contacts are helping," he said

Qatar lifts temporary ban on import of frozen seafood from India

The ban was imposed last year in November just ahead of the FIFA World Cup following the alleged detection of Vibrio cholera from a few consignments from India

J&K govt approves Rs 30.40 cr 'Sensor-based Smart Agriculture' project

The project is aimed at establishing a 'sensor-based smart agriculture ecosystem' would prove to be helpful for the agri-economy of the region

India targets 7% growth this year, expects to cross it in 5 years: EAM

Jaishankar also spoke about migration mobility and said, "We've seen a very substantial movement of Indian talent to Australia. We have roughly about a million students staying in here"

'Smart City' project in Panaji a Rs 1000 cr scam, says Goa Congress

Following the fourth accident in the city where a truck laden with pipes plunged into a dug-up road, on Thursday night, Congress leaders led by Elvis Gomes surrounded the 'Smart City' office

GST council should raise exemption threshold to Rs 1.5 cr, says GTRI

The Goods and Services Tax Council should consider raising the GST exemption threshold to Rs 1.5 crore annual turnover and also do away with the requirement of state-wise registration

CEPA: India's non-oil exports to UAE rise 5% during June-January

India exported goods worth $285.9 billion during the June-January period, up 3.1%

India has set new model of infra development, says PM Narendra Modi

PM Modi said there is unbelievable faith in India for the next 25 years

GST Council likely to decide on common audit manual for Centre, states

GST Council may take up today expert panel's proposal to avoid multiplicity of audits by central, state authorities

HUL to sell Annapurna, Captain Cook for Rs 60.4 crore; exits atta, salt biz

FMCG major HUL on Friday announced selling of its Annapurna and Captain Cook brands to Singapore-based Uma Global Foods for Rs 60.4 crore to exit from non-core atta and salt business