Central Government (Finance)

Government commits Rs. 7,385 crore (US$ 904.73 million) under Fund of Funds for Startups (FFS).

Government contributes Rs. 7,385 crore under the Fund of Funds for Startup India Investment for 88 Alternative Investment Funds.

Digital and Ecological Transition

PNRR | SIMEST (Gruppo CDP) apre alle medie imprese il finanziamento “Transizione Digitale ed Ecologica”. Sale a €1mln l’importo massimo. Dal

India Goes on a Spending Spree to Boost Growth, Stokes Concern over Fiscal Deficit

In Short: Finance minister unveils higher spending on infrastructure Allocates higher subsidies ahead of state elections Indian economy...

India's Budget Likely to Spur Spending to Support Economic Growth

In its annual budget on Tuesday, India is expected to increase spending on infrastructure, health care, and social programmes of an...

Lower inflation beneficial for financial stability, says RBI study

A Reserve Bank of India (RBI) study on May 24 emphasised that lower inflation is beneficial for the financial stability in the economy...

Fast Track Mechanism Initiated To Facilitate Issues Faced By Italian Investors In India

A Fast Track System has been established in India with the key objectives of identifying and solving problems faced by Italian Companies...

RBI's Relaxation on Realisation and Repatriation of Export Proceeds

The Government of India, as well as the Reserve Bank, has been receiving representations from Exporters Trade bodies to extend the period...

SIDBI financial assistance via COVID-19 Startup Assistance Scheme (‘CSAS’)

COVID-19 pandemic has impacted the entire economy and the startup ecosystem is no exception. SIDBI recognizes the operational and...

Clarification of Stipend to apprentices and Reimbursements to Establishments during COVID-19

As per reference of the Apprentices Act, 1961 amended up to 2014 and Apprenticeship Rules, 1992 amended up to 2019. The rule states that...

PwC India Indirect Tax - CBIC notifications to implement relief measures for COVID-19

Recently, the Central Board of Indirect Taxes and Customs (CBIC), issued notifications and circulars giving effect to the relief measures...