​ In its  Meeting held on 18th January, 2018, the GST Council had recommended reduction of GST rate on services by way of admission to Amusement Parks including theme parks, water parks, joy rides, merry-go-rounds, go-carting and ballet from 28% to 18%. These services hitherto attracted GST @ 28%. Requests were received from several quarters that amusement parks promote social wellness and beget fun ...

National security, economic prosperity, innovation and social well-being are critically dependent upon the availability, integrity and confidentiality of a range of Information and Communications Technologies (ICT). Nearly every aspect of citizen’s daily life has been considerably transformed by the information revolution, and modern life depends upon the timely, adequate and confidential performance of cyberspace.In the last DIO meet (VIVID 2017), ...

In its Meeting held on 18th January, 2018, the GST Council has recommended that for the purpose of GST exemption, the threshold price limit of Admission Ticket for circus, dance,theatrical performances including drama or dance, award functions, pageants, concerts, musical performances, and recognized sporting events may be increased from Rs. 250 per person to Rs.500 per person. The Council has further recommended that ...

Three new tools for States and Union Territories for ranking of startups in the country was launched by Union Minister of Commerce and Industry at a function today in New Delhi. The tools are: the State and Union Territory Startup Ranking Framework, the Compendium of Good Practices for Promoting Startups in India and the Startup India Kit. These will act ...

Minister of State for Planning (IC) and Chemicals & Fertilizers, Shri Rao Inderjit Singh, in a written reply to a question on status of Urea Imports and steps taken by Government to increases fertilizer production in the country, in Lok Sabha today, informed that the import of urea is made on Government account to bridge the gap between estimated indigenous ...

The Cabinet has accorded approval to the investment proposal for the umbrella highway sector programme Bharatmala Pariyojana (BMP) Phase I on 24.10.2017 for development/upgradation of 34,800 km of National Highways (NHs) with an outlay of Rs.5,35,000 crore for over a five year period i.e. from 2017-18 to 2021-22. In addition, 48,877 kms of projects under other ongoing schemes like NH(O), ...

In order to promote affordable housing, the government has made several efforts to create enabling environment and eco-system.Towards such an end, the Government has granted infrastructure status to affordable housing which will enable these projects to avail the associated benefits such as lower borrowing rates, tax concessionsand increased flow of foreign and private capital. The announcements were also made pertaining to the affordable ...

 “The National Adaptation Fund for Climate Change (NAFCC) is a Central Sector Scheme which was set up in the year 2015-16. The overall aim of NAFCC is to support concrete adaptation activities which mitigate the adverse effects of climate change. The activities under this scheme are implemented in a project mode. The projects related to adaptation in sectors such as ...

The Government of India has announced the Sale (re-issue) of (i) “Government of India Floating Rate Bonds 2024” for a notified amount of Rs.3000 crore (nominal) through price based auction, and (ii)“7.17 per cent Government Stock, 2028” for a notified amount of Rs.8,000 crore (nominal) through price based auction. Subject to the limit of Rs.11,000 crore,being total notified amount,GoI will have the option to retain additional subscription ...

Commerce and Industries Minister Mr Suresh Prabhu set off a series of nation-wide consultations with the industry on the proposed new Industrial Policy. The first consultation was held at Guwahati on February 02. The event, organized by Department of Industrial Policy and Promotion (DIPP) in partnership with Federation of Chamber of Commerce and Industry (FICCI), was attended by more than ...