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Logistics has become the centerpiece of India’s policy: Piyush Goyal

TBB BUREAU NEW DELHI, APR 4, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said that logistics has become the centerpiece of India’s policy making in its journey towards becoming a developed nation and a leader in international trade. He also said that express delivery of services has transformed through innovative ...

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GST mop-up in March at Rs 1.60 lakh cr

TBB BUREAU NEW DELHI, APR 1, 2023 The gross GST revenue collected in the month of March 2023 grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate of revenue mop-up for full 2022-23 fiscal to 22 per cent. Gross GST revenue collected in March 2023 is Rs 1,60,122 crore, of which ...

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India’s overall exports cross an all time high of US$ 750 billion: Piyush Goyal

TBB BUREAU NEW DELHI, MAR 28, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Tuesday announced that India’s overall exports, that includes services and merchandise exports, have crossed US$ 750 billion today. This is an all time high and this achievement of 750 billion comes in the 75th year of ...

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Last date for linking of PAN-Aadhaar extended till June 30

TBB BUREAU NEW DELHI, MAR 28, 2023 In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended till  June 30, 2023. Under the provisions of the Income-tax Act, 1961(the ‘Act’) every person who has been allotted a PAN as on 1st July, 2017 and is eligible to obtain Aadhaar Number, ...

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Centre sanctions Rs. 800 cr under FAME Scheme Phase II for 7432 public fast charging stations

TBB BUREAU NEW DELHI, MAR 28, 2023 The Union Minister of Heavy Industries, Dr. Mahendra Nath Pandey, on Tuesday announced the sanction of Rs. 800 crore under FAME India Scheme Phase II to the PSU Oil Marketing Companies (OMC) – Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) – for setting up 7432 public fast charging stations across ...

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Noted industrialist Kumar Mangalam Birla receives Padma Bhushan Award

TBB BUREAUNEW DELHI, MAR 22, 2023 Noted Industrialist Kumar Mangalam Birla received the prestigious Padma Bhushan Award from President of India Droupadi Murmu, at Rashtrapati Bhavan this evening. Birla has been conferred the Padma Bhushan for his contribution to Trade & Industry.On receiving the Award, Birla said “The spirit of nation-building and trusteeship has guided my family across generations. And ...

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Startups should opt for Indian banks as their preferred banking partners: MoS Rajeev Chandrasekhar

TBB BUREAU NEW DELHI, MAR 16, 2023 Emphasising that Indian banking system is resilient and strong, Union Minister of State for Electronics & IT and Skill Development & Entrepreneurship, Rajeev Chandrasekhar on Thursday said startups should therefore, opt for Indian banks as their preferred banking partners.  “Today what is attractive about the banking system is not their appetite to take ...

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PM congratulates RBI Guv Das for ‘Governor of the year’ award

TBB BUREAU NEW DELHI, MAR 16, 2023 Prime Minister Narendra Modi has congratulated Reserve Bank of India (RBI) Governor Shaktikanta Das on his being conferred with the ‘Governor of the year’ award in the Central Banking Awards 2023. Sharing news of CNBC TV18, the Prime Minister tweeted;  “It is a matter of immense pride for our country that the @RBI ...

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India’s digital economy has to a broad-based, high growth one: MoS Rajeev Chandrasekhar

TBB BUREAU NEW DELHI, MAR 16, 2023 “With the launch of the Digital India Programme in 2015, a single dimensional, digital economy that we inherited in 2014 has become a broad-based, high growth digital economy having multiple asynchronous components that are all growing rapidly and creating innovation in their wake,” said Union Minister of State for Skill Development & Entrepreneurship ...

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