BENGALURU: The Indian government had Rs 66,793 crore ($9.73 billion) outstanding loans with the central bank under ways and means advances in the week ended July 5, according to the Reserve Bank of India's (RBI) weekly statistical supplement released on Friday.
MSME minister Nitin Gadkari, has written to all industry associations and registered MSMEs, urging them to plant as many trees as they can before the end of the monsoon season, said an official release on Thursday.
The government is examining the issue of foreign portfolio investors (FPIs) coming under the purview of increased surcharge on high-income earners, CBDT (Central Board of Direct Taxes) chairman, P.C. Mody said at an ASSOCHAM event held in New Delhi.
Government does course correction on FY20 tax estimates, but target still ambitious - 13th July 2019
Union Budget 2019 has done a course correction on direct taxes and GST estimates for FY20 after the interim budget missed the FY19 tax estimates by a wide margin.
With Canada’s apparel market forecast to be worth almost $29.66 billion by 2020, a 20 per cent increase from 2016, representatives from more than 20 countries will convene in Toronto next month from August 19-21, at the Apparel Textile Sourcing Canada (ATSC) 2019 show to present international trade opportunities to the booming Canadian apparel sector.
In a written reply to the Lok Sabha, Union Minister for MSME, Nitin Gadkari, presented data revealing that under the Prime Minister’s Employment Generation Programme (PMEGP), 5.87 lakh micro enterprise jobs were created in 2018-19.