Browse By

Category Archives: Government News

No Thumbnail

Is government going to withdraw chequebook facility?

No Proposal Under Consideration to Withdraw Bank Chequebook Facility In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It

No Thumbnail

LPG subsidy for Airtel Bank customers

Non credit of LPG subsidy amounts in bank accounts of consumers – Clarification It has come to the notice of the Oil Marketing Companies (OMCs) and the Ministry of Petroleum & Natural Gas that a large number of LPG consumers have complained about non-credit of

No Thumbnail

IBBI invites public comments on (i) Draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Individuals and Firms) Rules, 2017

IBBI invites public comments on (i) Draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Individuals and Firms) Rules, 2017, and (ii) Draft Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Individuals and Firms) Regulations, 2017 by 31st October,

No Thumbnail

Basic Custom Duty Reduced on Petrol and diesel

The Government of India has decided to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with effect from 4th October, 2017. This decision has been taken by the Government in order to cushion the