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India International Bullion Exchange (IIBX)

India International Bullion Exchange (IIBX): The Prime Minister has laid the foundation stone of the headquarters building of the International Financial Services Centers Authority (IFSCA) in GIFT City, Gandhinagar. The building has been conceptualized as an iconic structure, reflective of the growing prominence and stature of GIFT-IFSC as a leading International Financial Centre. He also […]

RBI’s Digital Payments Index (RBI-DPI)

RBI’s Digital Payments Index (RBI-DPI): Recent data (March 2021-22) from the Index demonstrated significant growth, indicating rapid adoption and deepening of digital payments across the country. About RBI-DPI: Launched in January 2021, it captures the extent of digitisation of payments across the country (with 2018 as a base year- score set as 100) and is […]

Fresh Milk And Pasteurised Milk Exempted From Goods And Service Tax (GST)

Fresh Milk And Pasteurised Milk Exempted From Goods And Service Tax (GST): The Government of India clarified that fresh milk and pasteurised milk are fully exempted from Goods and Service Tax (GST). Further, milk products like curd, lassi, butter milk and paneer are also exempted from GST if sold in forms other than those pre-packaged […]