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Economy

Payments above Rs 5,000 to Suppliers, Contractors etc by Govt Depts to be made through e-Payment only

Payments above Rs 5,000 to Suppliers, Contractors…

New Delhi, Dec 5 (KNN) The Ministry of Finance has today made it mandatory for the government departments to make any payment above Rs 5000 to suppliers,…

CBDT again urges Jan Dhan account holders not to consent to any kind of misuse of their accounts

CBDT again urges Jan Dhan account holders…

New Delhi, Dec 5 (KNN) The Central Board of Direct Taxes (CBDT) has once again urged the Jan Dhan account holders not to consent to any kind of misuse of…

BSE SME comes with additional guidelines for migration from SME platform to BSE Main Board

BSE SME comes with additional guidelines for…

Mumbai, Dec 3 (KNN) The SME exchange of BSE has come out with additional guidelines for migration from BSE SME Platform to the Main Board of BSE.

BSE,…

Gujarat Govt to set up vertical GIDC estates for meeting infra needs of MSME units: Rupani

Gujarat Govt to set up vertical GIDC…

Vadodara, Dec 2 (KNN) Gujarat Chief Minister Vijay Rupani has said that the government has decided to set up vertical GIDC (Gujarat Industrial Development…

Credit deployment to MSME sector falls in October, 2016

Credit deployment to MSME sector falls in…

Mumbai, Dec 1 (KNN) The credit deployment to industry including the micro, small and medium enterprises (MSME) sector has fallen by 4.6 per cent during…

Committee of Chief Ministers to examine and implement measures to implement digital payment systems

Committee of Chief Ministers to examine and…

New Delhi, Dec 1 (KNN) NITI Aayog has constituted a Committee of Chief Ministers representing different political parties to examine and promote the use…

Mudra loan now available for dairy industry, fisheries, silk industry and more

Mudra loan now available for dairy industry,…

New Delhi, Nov 30 (KNN) The MUDRA loan under Pradhan Mantri Mudra Yojana will now also be available for dairy industry, fisheries, poultry farms, honey…

RBI temporarily puts cap of Rs 10,000 per month for withdrawal from Jan Dhan accounts

RBI temporarily puts cap of Rs 10,000…

New Delhi, Nov 30 (KNN) In order to check misuse of farmers and rural Jan Dhan Accounts, RBI has temporarily put a limit of Rs 10,000 a month on withdrawal.

RBI relaxes cash withdrawal limits to encourage deposits; small traders, shopkeepers to benefit

RBI relaxes cash withdrawal limits to encourage…

Mumbai, Nov 29 (KNN) In a move that will encourage MSMEs such as shopkeepers to deposit cash in legal tender which they can fully withdraw, the Reserve…

Govt introduces new bill in Parliament; 30% tax, 10% penalty, 33% surcharge on income undisclosed

Govt introduces new bill in Parliament; 30%…

New Delhi, Nov 28 (KNN) The government today introduced a new bill to amend Income Tax Act in Lok Sabha. In order to curb black money in the country, Finance…