While reviewing the performance of CPSEs, Smt. Sitharaman said that CAPEX by CPSEs is a critical driver of economic growth and needs to be scaled up for the FYs 2020-21 & 2021-22.
GoI has received Rs. 7,08,300 crores up to October 2020 comprising Rs. 5,75,697 crores Tax Revenue, Rs. 1,16,206 crores of Non-Tax Revenue and Rs. 16,397 crores of Non-Debt Capital Receipts.
Auction for Sale (Re-issue) of ‘4.48% GS 2023’, Auction for Sale (Re-Issue) of ‘GoI Floating Rate Bond 2033’, Auction for Sale (Re-issue) of ‘6.22% GS 2035’, and of ‘6.67% GS 2050’.
Finance Minister Smt. Nirmala Sitharaman says the momentum of reforms continues during the pandemic and will continue; the economy is facing a reset exercise.
The Ministry has laid out the detailed actions to be undertaken by eligible entities to comply with the decision of the Union Government which had permitted 26% FDI under the Government approval route.
RBI has declared that the provisions of Sections 45-IA, 45-IB, and 45-IC of the Reserve Bank of India Act, 1934 (2 of 1934) shall not apply to a non-banking financial company
The International Financial Services Centres Authority has released the International Financial Services Centres Authority (Procedure for Authority Meetings) Regulations, 2020.
The Chairman and Members of the 15th Finance Commission on 16.11.20 presented a copy of the Commission's report for the period 2021-22 to 2025-26, to the Prime Minister Shri Narendra Modi.
RBI discontinues 17 returns/reports under the Foreign Exchange Management Act, 1999
A meeting of the International Financial Services Centres Authority was held on 11th Nov 2020. The IFSC Authority, after detailed deliberations, approved the International Financial Services Centres Authority (Banking) Regulations, 2020.
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