Community & General News

378 SEZs are presently notified, out of which 265 are operational

11 March 2021 at 04:36

The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005.

Posted in Community & General | 1788 Views

Consultation Paper on Proposed IFSCA Regulations, 2021

10 March 2021 at 19:01

The proposed framework shall facilitate issuers from across the jurisdictions to raise capital for variety of needs and list their securities at the international stock exchanges in IFSCs.

Posted in Community & General | 1320 Views

Revenue Deficit Grant of Rs. 6,194.09 crore released to 14 States

10 March 2021 at 17:26

Total Revenue Deficit Grant of Rs. 74,340 crore released to States in the current financial year

Posted in Community & General | 1218 Views

FM chairs the National Workshop with States/UTs on Asset Monetization organised by NITI Aayog

10 March 2021 at 05:23

Finance Minister Smt. Nirmala Sitharaman chaired the National Workshop with States/UTs on Asset Monetization organised by NITI Aayog through virtual conference in New Delhi on 9th March 2021.

Posted in Community & General | 1347 Views

ICMAI | IPA Updates

10 March 2021 at 05:20

Insolvency Professional Agency of Institute of Cost Accountants of India has issued certain updates which have been listed here.

Posted in Community & General | 1551 Views

Over 1,10,019 loans extended since launch of Stand up India scheme since its inception

09 March 2021 at 17:04

Over 1,10,019 loans have been extended since the launch of 'Stand up India' scheme as on 31.01.2021 since its inception and beneficiaries can get a loan of Rs. 10 lakh to Rs. 1 crore to start or increase their business.

Posted in Community & General | 978 Views

Sub-Committee of Insolvency Law Committee recommended IBC pre-pack framework

09 March 2021 at 05:36

The Government constituted a sub-committee of ILC vide order dated 24th June, 2020 under the chairmanship of Dr. M. S. Sahoo, Chairperson, IBBI to make recommendation on PPIRP.

Posted in Community & General | 1635 Views

IBBI gives approval to 317 companies resolution plans

09 March 2021 at 05:32

As per information provided by Insolvency and Bankruptcy Board of India (IBBI), the Regulator, as on 31.12.2020, in 317 cases resolution plans have been approved and 1126 cases have been ordered for liquidation.

Posted in Community & General | 1656 Views

Major policy initiatives taken for better services to workers by ESIC

08 March 2021 at 22:15

ESIC during its 183rd Meeting has taken several significant decisions to improve its delivery of medical services and other benefits to workers. ESIC beneficiaries can now avail OPD consultation from empanelled hospitals.

Posted in Community & General | 1734 Views

Resolution of Tax disputes amounting to Rs. 98,328 crore till 1st March 2021

08 March 2021 at 19:44

Declarations have been filed by taxpayers for resolution of Tax disputes amounting to Rs. 98,328 crore till 1st March 2021. Payment of Rs. 53,346 crore have been made by taxpayers under the scheme till 1st March 2021.

Posted in Community & General | 1425 Views