EPFO adds 14.86 lakh members in January

The provisional payroll data of Employees’ Provident Fund Organisation (EPFO) highlights that EPFO has added 14.86 lakh net members in the month of January, 2023. Out of 14.86 lakh members added during the month, around 7.77 lakh new members have come under ambit of EPFO for the first time. Among the newly joined members, highest … Read more

Lok Sabha approves setting up of GST Appellate Tribunal to solve disputes

Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST. Currently, taxpayers are filing writ petitions before high courts in the absence of the appellate tribunal. As per the amendments proposed in the Finance Bill 2023, which was … Read more

Cabinet approves listing of IREDA on stock exchange

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi on Friday (17 March 2023) approved for listing of Indian Renewable Energy Development Agency (IREDA) – a CPSE under Ministry of New & Renewable Energy (MNRE) – on the stock exchanges. The listing will take place through an initial public offer … Read more

Sustainability is an important element of India’s future growth: Piyush Goyal

Mr Piyush Goyal. Hon’ble Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Government of India, underscored the importance of the India-Europe partnership in ensuring sustainability and inclusive growth and making the world a better and safer place. The Minister was addressing the India-Europe Business and Sustainability Conclave, organized by the … Read more

Govt To Release Rs. 16,800 Crores Under 13th Installment Of PM-KISAN

The Government of India will release Rs 2000 each to farmers under the PM Kisan Samman Nidhi Scheme (PM-KISAN) scheme under its 13th installment. A total of more than Rs. 16,800 crores will be deposited directly in the accounts of more than eight crore farmers under the Scheme. The 11th and 12th instalments under the … Read more

CEPA with UAE gave boost to Indian entrepreneurs, deepened ties: PM Modi

Prime Minister Narendra Modi on Sunday said the Comprehensive Economic Partnership Agreement (CEPA) with the UAE has given a boost to Indian entrepreneurs and also deepened ties with the Gulf country. India and the United Arab Emirates (UAE) inked a CEPA on February 18 last year to boost trade ties following a virtual summit between … Read more

Govt targets to take defence exports to $5 bln by 2024-25: PM Modi

Prime Minister Narendra Modi said today that the government’s aim is to take defence exports from $1.5 billion to $5 billion by 2024-25. “From here India will take rapid strides to be included among the largest defence manufacturing countries and our private sector and investors will play a big role in that,” the Prime Minister … Read more

It is only through more sharing of inputs and ideas by the industry that we can have a responsive policy: Finance Minister

Nirmala Sitharaman, Minister of Finance and Corporate Affairs, Govt of India said that the industry should highlight its potential and share them with the government on a regular basis which will facilitate the policy intervention by the government. “I would want the industry to be the prime mover as regards the latest frontiers in renewable … Read more