This Capital Grant will encourage the supply of eco-friendly fuel at affordable tariffs to industries and will encourage industrial development in these states.
The agreement will stimulate the flow of exchange of information between the two nations for tax purposes which will help curb tax evasion and tax avoidance.
The new policy balances the interests of domestic consumers, producers and processors, and ends the cumbersome licensing system for import of Marble & Travertine blocks.
The HEFA will be jointly promoted by the identified Promoter and the Ministry of Human Resource Development (MHRD) with an authorised capital of 2000 crore rupees. The Government equity will be 1000 crore rupees.
Under the new norms, flexi-funds in each CSS have been increased from the current 10 per cent to 25 percent for states and 30 percent for Union Territories.
e-nivaran was started with an aim to reduce instances of harassment of the public when it comes to complaints related to the Income Tax (IT) department.
Following the cancellation of registration certificate, these companies will not be able to transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.
The facility available only for confirmed and RAC ticket passengers will not be applicable for children up to 5 years of age and foreign citizens.
CLMV countries namely Cambodia, Laos, Myanmar and Vietnam have a unique position in the regional value chains and offer a gateway for market access to China/EU and other markets due to various trade agreements.
The Union Cabinet on 31 August 2016 approved the proposal for dissolution of Central Inland Water Transport Corporation Limited (CIWTC).
UPI, a product of NPCI, will help move India towards a cashless economy and will allow account holders across banks to send and receive money from their smartphones using virtual payments address without entering bank account details.
All women SHGs will be eligible for interest subvention on credit up to 3 lakh rupees at 7 percent per annum under the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission in 250 districts.
With the revision of the treaty now approved by the Cabinet, capital gains will be taxed in India for entities resident in Cyprus, subject to double tax relief.
A web enabled online system for evaluation of measures has been developed with the help of National Institute of Smart Governance (NISG), Hyderabad.
The board also finalised the share swap ratio for three of the listed subsidiaries and Bharatiya Mahila Bank. The listed subsidiaries of the SBI are - State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore.
With this incorporation, the bank has become the first Public Sector Undertaking (PSU) under the Department of Posts (DoP). Further, the DoP is expected to complete the roll out of its branches all over the country by September 2017.
The committee seeks to develop the pan-India road map for trade facilitation as per the Trade Facilitation Agreement of the WTO. The TFA is an outcome of the Bali Package 2013 or Ninth Ministerial Conference of the WTO.
One of the key announcements under the policy was that the RBI Governor Raghuram G Rajan kept the Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.5 percent.
It will have representation from financial sector regulators namely, Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), Pension Fund Regulatory and Development Authority (PFRDA).
The portal will help anyone can obtain information regarding entities that are allowed to accept deposits, lodge complaints and share information regarding illegal acceptance of deposits by unscrupulous entities.
The project will be installed through a Joint Venture Company named Neyveli Uttar Pradesh Power Limited, which is formed jointly by Neyveli Lignite Corporation Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited.
The project will augment the shipbuilding/ship repair capacity essentially required for tapping the market potential of building specialized and technologically advanced large vessels.
The international transactions covered in these agreements include software development Services, IT enabled Services, Engineering Design Services & Business Support Services.
It will view the growing significance of Fin Tech innovations and their interactions with the financial sector as well as the financial sector entities.
As per the revised schedule, a minimum amount of 25% of the tax, surcharge & penalty can be paid by 30 November 2016 and further amount of 25 % by 31 March 2017. The balance amount can be paid on or before 30 September 2017.
NBCC, a Navratna company, was incorporated with an objective of becoming a leading company in the field of construction, engineering and project management consultancy services.
The setting up of new units at Sindri, Gorakhpur and Barauni will help in meeting the growing demand of urea of Bihar, West Bengal and Jharkhand.
The Fair Market Value of listed companies will be computed on the basis of a formula taking into account its market capitalisation, book value of liabilities and total number of shares.
The Model Bill would bring about uniformity in the legislative provisions across the States and Union Territories. It also seeks to facilitate the ease of doing business and generation of employment opportunities across the country.