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Latest Articles in govt

Govt To Introduce Draft Rules For Valuation, Angel Taxation

To provide clarity and put an end to tax conflicts, the government may accept the valuation formula used under FEMA for the angel tax on investments by foreign investors in startups

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Indian Govt To Boost Retail Sector With National Trade Policy And Insurance Scheme

The commerce and industry ministry, in collaboration with the department of financial services, is reportedly working on framing an insurance scheme for all GST-registered retail traders

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Food Processing Industry Invests Rs 4,900 Cr Under PLI Scheme: Govt

The PLI scheme for the food processing industry was approved in March 2021, with a budget outlay of Rs 10,900 crore. It will be implemented for seven years, until 2026-27

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Youtube Entrepreneurs Contribute Rs 10,000 Cr To India's GDP In 2021

The company said that it would endorse partners to accomplish scale and efficiency in making multilingual content

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India Slashes Windfall Tax On Crude Oil And Aviation Fuel

In an order released by the Centre, it slashed the tax on locally produced crude oil steeply to Rs. 1,700 per tonne from Rs. 4,900, effective from Friday. The government also slashed the diesel export tax to Rs. 5 per liter from Rs. 8

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Govt Likely To Stop Sale Of Single Cigarettes

The Parliament may restrict the production and sale of single cigarettes on the suggestion from the standing committee, according to reports

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Govt. Amends IT Rules, Panels In 3 Months To Hear Social Media User Complaints

The Centre tweaks Information Technology Rules, On Friday This would aid in settling user issues against the way social media platforms regarding content and other matters, initially.

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Govt Floats National Curriculum Framework For Education Of Children In 3-8 Yrs Age-group

Education Minister also rolled out Balvatikas - pre-primary classes, at Kendriya Vidyalayas

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Defence Equipment Import To Be Exception: Govt

The DAC headed by the defence minister is the highest decision-making body of the ministry on procurement

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10% Jobs In Aviation Sector Lost Between Apr 2020 And Dec 2021: Govt

"The total job loss in airlines, airports, ground handling and air cargo sector is around 19,200," Singh said in a written reply to a question in Rajya Sabha

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Railways Needs Rs 3 Trn Yearly Investment To Meet India's Aspirations: Govt

The minister also alleged that past governments lacked the clarity of vision, but Prime Minister Narendra Modi made a clear decision that the Railways needs to move away from diesel and go for electrification

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Adani, L&T Among Firms Keen To Build Satellite Launchers: Govt

NSIL has the mandate to scale up private participation in the space programme and also own and operate capital-intensive assets such as satellites and launch vehicles

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Govt Should Extend Loan Repayment Period Under ECLGS For MSMEs: Parl panel

The committee also expressed "deep concern" over the under-utilisation of funds by the Khadi and Village Industries Commission (KVIC) for their flagship schemes, thereby hampering the promotion and development of Khadi and Village Industries and employment generation in rural areas

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Govt To Discuss Ending MPs' 10 Seat Quota In Central Schools With Parties

The issue was first raised by Congress MP Manish Tewari who said the 10 seats quota for the MPs is inadequate as they receive a lot of requests for recommendations for central schools seats

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Govt Expert Panel Recommends EUA For COVID-19 Vaccine Covovax For 12-17 Age Group

In the EUA application, Singh is learnt to have stated that data from two studies on about 2,700 children aged 12 to 17 years show that Covovax is highly efficacious, immunogenic, safe and well tolerated in this age group of children

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