by PTI News | Apr 1, 2022 | 9:05 pm | Economy, News
New Delhi, Apr 1 (PTI) The government has further extended the existing Foreign Trade Policy (FTP) till September 30 this year, according to a commerce ministry notification. FTP provides guidelines for enhancing exports to push economic growth and create jobs.On March 31, 2020, the government had extended the Foreign Trade Policy 2015-20 for one year [...]
by PTI News | Apr 1, 2022 | 8:43 pm | Economy, News
New Delhi, Apr 1 (PTI) CNG price in the national capital on Friday was hiked by 80 paise per kg, while piped cooking gas rates were increased by a steep Rs 5 per cubic metre on the back of the government raising input natural gas prices to record levels. CNG price in the National Capital [...]
by PTI News | Apr 1, 2022 | 8:05 pm | Economy, News
Mumbai, Apr 1 (PTI) In view of improvement in the pandemic situation, the Reserve Bank on Friday decided to reduce the Ways and Means Advances (WMA) for states and Union Territories to Rs 47,010 crore from Rs 51,560 crore. WMA are temporary advances given by the RBI to the government to tide over any mismatch [...]
by PTI News | Apr 1, 2022 | 8:04 pm | Economy, News
Kochi, Apr 1 (PTI) Ambassador of the Dominican Republic to India, David Puig, on Friday visited the Infopark here as part of his Kerala tour to learn more about the educational and technological advancements in the state. During his visit, Puig interacted with John M Thomas, the CEO of Kerala State IT Parks, and representatives [...]
by PTI News | Apr 1, 2022 | 8:03 pm | Economy, News
Bhubaneswar, Apr 1 (PTI) Foreign Made Foreign Liquor (FMFL) and Wine will become cheaper in Odisha as the state government has reduced excise duty on these products in its new Excise Policy for the year 2022-23. In order to reduce disparity in MRP with neighbouring states and also to promote high quality FMFL and low [...]
by PTI News | Apr 1, 2022 | 8:01 pm | Economy, News
New Delhi, Apr 1 (PTI) Indian exporters from over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery, will get duty free access in the Australian market immediately after the interim trade agreement between the two countries comes into force, according to government sources. The economic cooperation and trade agreement will be signed by [...]
by PTI News | Apr 1, 2022 | 7:56 pm | Economy, News
New Delhi, Apr 1 (PTI) Trade to Russia and the Commonwealth of Independent States (CIS) countries has been affected due to the Ukraine crisis and shipping lines are not accepting goods for Russian ports, Parliament was informed on Friday. In a written reply in the Lok Sabha, Union Minister for Ports, Shipping and Waterways Sarbananda [...]
by PTI News | Apr 1, 2022 | 7:20 pm | Economy, News
New Delhi, Apr 1 (PTI) The finance ministry has notified new income tax return forms which, among other things, will seek additional information with regard to overseas retirement benefits and interest accrual on provident fund deposits exceeding Rs 2.5 lakh a year. The Central Board of Direct Taxes (CBDT) has notified the forms ITR-1 to [...]
by PTI News | Apr 1, 2022 | 7:03 pm | Economy, News
Lucknow, Apr 1 (PTI) With Rabi crop procurement for 2022-23 beginning on Friday, Uttar Pradesh Chief Minister Yogi Adityanath directed officials to ensure that the money is transferred to the bank accounts of farmers within 72 hours of crop procurement, an official release said. The Centre has fixed the minimum support price (MSP) of wheat [...]
by PTI News | Apr 1, 2022 | 6:56 pm | Economy, News
Mumbai, Apr 1 (PTI) The property tax collected by the Mumbai civic body for the fiscal 2021-22 increased by Rs 700 crore from the previous financial year and touched a record Rs 5,792 crore despite the coronavirus-induced pandemic as well as a tax waiver on homes of up to 500 square feet, an official said [...]