The Goods and Services Tax (GST) Council, in its 46th meeting, decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1.
State Bank of India will acquire up to 9.95 per cent stake in India International Clearing Corporation (IFSC) Ltd subject to a maximum investment of Rs 34.03 crore.
Ministry of Textiles has extended the timeline for submission of applications under the PLI Scheme for Textiles till February 14, 2022. Earlier this deadline was 31st January 2022. Total financial outlay- Rs 10,683 crore.
Defence Research Development Organization has selected Paras Defence & Space Technologies Ltd as one of the companies for handing over the technology of border surveillance systems developed by Instruments Research & Development Establishment (IRDE) and DRDO.
EXAMIANS