Business

The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of…

The Government has approved creation of a buffer stock through procurement of about 50,000 ton pulses from the Kharif crop 2015-16 and one lakh ton out of arrivals of rabi crop of 2015-16. The procurement will be done through Food…

1. It is an honor for me to participate in the Tenth Ministerial Conference of the WTO. I thank you, Madam Chairperson, the Government and the people of Kenya, for the excellent arrangements and the warm hospitality extended to me and my…

The Central Government has given several incentives to sugar industry to help it resolve liquidity problems and expeditiously clear cane price due of farmers during 2014-15. Here are the major measures taken by the ministry to address the…

The Central Government on Saturday signed Memorandum of Understanding and documentation for establishing three Indian Institute of Information Technology (IIITs) at Ranchi, Nagpur and Pune. These IIITs are operated on a…

Annual wholesale inflation rate increased to (-)1.99 percent for November from (-)3.81 percent from October, according to official data issued on Monday by the Ministry of Commerce & Industry. The official Wholesale Price Index for…

* The Cabinet Committee on Economic Affairs (CCEA) has approved creation of buffer stock of pulses. It will be created in current year itself. * Procurement of 50,000 tons of pulses from the Kharif crop of 2015-16 and one lakh ton of…

The Delhi-Mumbai Industrial Corridor (DMIC) Project has been planned as a global manufacturing and investment destination along the 1483 kilometer long Western Dedicated Freight Corridor (WDFC). It is envisaged that Shendra Bidkin…

In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Central Board of Excise & Customs (CBEC) No.112/2015-CUSTOMS (N.T.), dated 19th November, 2015,…

Government of India has granted site clearance to DMIDC (project proponent) for setting up of a Greenfield Airport for public use near Bhiwadi in Alwar district of Rajasthan. The government has granted 'in-principle' approval to 13…