CCI Approved Investment by IBEF-IV of MO Alternates in SK Finance

Current Context: The Competition Commission of India (CCI) has approved the proposed combination relating to minority investment by India Business Excellence Fund – IV in SK Finance Limited. India Business Excellence Fun…

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GST Revenue Collection Increases 13% to Rs 1.60 lakh crore in March 2023

Current Context: India’s GST revenue collection for March 2023 stood at 6 lakh crore rupees, which is 13% higher than the GST revenues in March 2022. It is for the fourth time, in the current financial year that the gro…

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RBI gives payment aggregators another window to apply for license

Current Context: Reserve Bank of India (RBI) allows another window till September for payment aggregators existing as of March 2020 to apply for a license. Payment aggregators (PAs) can apply to the central bank for licen…

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GST Council likely to consider changes in monthly tax payment form.

Current Context: GST Council is likely to consider a proposal for introducing auto-population of outward supplies from sales return and non-editable tax payment table. This decision has been taken to curb the menace of…

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RBI acts in forwards market to protect forex reserves: Report

Current Context: Reserve Bank of India has taken the decision to advance the delivery of outstanding long-forward dollar positions points to its desire to protect the fast-depleting foreign exchange (forex) reserves. Thi…

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Debt of Expenditure warns against extending the free food scheme: Report

Current Context: Finance ministry's Department of Expenditure has warned against extending the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) beyond September leads to an increased country's fiscal position. Re…

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December GST Revenue Collection

Current context: Rs 1,03,184 crore is the gross GST revenue collected in the month of December, 2019.

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Census of India 2021

Current context: The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal for conducting Census of India 2021 and updating National Population Register (NPR).

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Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019

Current context: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the proposal to make amendments in the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019.

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Government amended IEPFA Rules, 2016

Current context: The government has amended the Investor Education & Protection Fund (Accounting, Audit, Transfer and Refund) Rules 2016.

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S&P reaffirmed India's rating at 'BBB-'

Current context: Rating Agency Standard & Poor's Financial Services LLC (S&P) has reaffirmed the Sovereign Credit Rating of India at ‘BBB-‘.

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India Ratings and Research (Ind-Ra) Growth Forecast

Current context: Fitch group firm India Ratings and Research lowered India’s GDP growth forecast for current fiscal for the fourth time.

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Documentation Identification Number (DIN) System

Current context: The Documentation Identification Number (DIN) system of Central Board of Indirect Taxes and Customs (CBIC) will come into existence from 8th November 2019.

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Overseas Citizen Permitted to Enroll in NPS

Current context: Pension Fund Regulatory and Development Authority (PFRDA) has permitted Overseas Citizen of India (OCI) to enroll in National Pension Scheme (NPS) on 29th October 2019.

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Public Premises (Eviction of Unauthorized Occupants) Amendment Bill, 2019

Current context: The Public Premises (Eviction of Unauthorized Occupants) Amendment Bill, 2019 has come into effect from 16th September 2019.

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Govt urged CPSEs to boost Capital Expenditure

Current context: Finance Ministry has urged Central Public Sector Enterprises (CPSEs) to boost their capital expenditure during the current FY 2019-20.

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India Banking Conclave 2018 held in New Delhi

India Banking Conclave (IBC) 2018 was held in New Delhi from 23-24, 2018. It was organised by Centre for Economic Policy Research (CEPR) along with its knowledge partner and government Think Tank, NITI Aayog.

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