e-RUPI is basically a digital voucher which a beneficiary gets on his phone in the form of an SMS or QR code. It is a pre-paid voucher, which he/she can go and redeem it at any centre that accepts it.
The Institute of Company Secretaries of India has released the Admit Card for CS Foundation Exam which is to be held through Remote Proctored Mode on 13th and 14th August 2021.
The Ministry of MSME does not establish micro, small and medium enterprises in the country. The promotion and development of enterprises is a State subject. However, the Central Government supplements the efforts of the State/UT Governments.
On 1st July 2020, after the adoption of a new definition of MSMEs, a new registration portal ‘Udyam Registration’ has been launched by M/o MSME and so far 41,37,443 classified MSMEs are registered on the portal.
Grants for Urban Local Bodies have been released as per the recommendations of the 15th Finance Commission. They are aimed at improving basic civic services including fulfilling location specific felt needs.
RBI had issued certain guidelines to enforce credit discipline amongst the borrowers as well as to facilitate better monitoring by the lenders. Now, the RBI has specified guidelines for implementation of the circular on Opening of Current A/c by Banks.
Certain elements are fraudulently using the name/logo of RBI, and seeking charges/commission/tax from the public, in transactions related to buying and selling of old banknotes and coins. It is clarified that RBI does not deal in such matters.
The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 was passed by the Lok Sabha on 28th July 2021 and by the Rajya Sabha on 3rd August 2021.
The government has decided to resume the blocking of EWB generation facility on the EWB portal, for all the taxpayers in terms of Rule 138 E (a) and (b) of the CGST Rules, 2017, from 15th August onwards.
CBIC has launched the Indian Customs Compliance Information Portal (CIP) for providing free access to information on all Customs procedures and regulatory compliance for nearly 12,000 Customs Tariff Items.
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