Tag Archives: Indian Govt Press release

India’s Share in Global Trade

India’s Share in Global Trade   India’s performance in World trade based on the WTO database which provides the data calendar year-wise is given as follows:  India’s Trade Performance: Percentage Share in World Trade Years India’s Share in World Merchandise Exports India’s Share in World Commercial Services Exports India’s Share in World Merchandise Plus Services… Read More »

Import Clearance Certificate for food products into India

Import Clearance Certificate   Import of products like drugs/pharma, food, plant & plant products, livestock & livestock products are governed by their respective legislations and Rules there under. Clearance systems of all these categories of products are in place at ports of entry. The Customs Single Window Interface for Facilitating Trade (SWIFT) enables importers/exporters to… Read More »

ICAI and ICSI allowed to act as Insolvency professional agencies

FM: Present Government has taken a new initiative by setting-up a modern insolvency mechanism based on the best practices in the world; Hope that it will deliver the desired results; Hands-over the Certificates of Registration to these two Insolvency Professional Agency (IPA) companies. The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said… Read More »

Permitted payments with onlly old Rs 500 till 15.12.2016 + New additions

After due consideration of all relevant aspects, the Central Government takes various decisions relating to certain operational aspects of the Scheme relating to cancellation of legal tender character of old Rs. 500 and Rs. 1000 notes; No over the counter exchange of old Rs. 500 and Rs. 1000 notes after midnight of 24.11.2016;.Certain other exemptions… Read More »