MUDRA is an initiative that meets the financing needs of non-corporate small business units of the country. Supporting small entrepreneurs/artisans/skilled workers by providing them credit without the need for a guarantor or collateral, MUDRA offers citizens a medium through which they can turn their aspirations into reality.
September 5 is observed as Teachers’ Day in honour of Dr. Sarvepalli Radhakrishnan (1888-1975), the second President of India, who was born on that day. But how did it get instituted? Dr. Radhakrishnans 75thbirthday on September 5, 1962 came within weeks of his being elevated to the President’s post.
Ever thought of a life without access to basic banking services? For a certain section of people, it is difficult to imagine a life without these facilities. But, Census 2011 presented a different picture when the purview is expanded. Out of 24.66 Crore households, only 14.48 Crore households were availing banking services. In rural areas, only 54.4 percent of households had access to banking services.
In the words of Prime Minister Narendra Modi, ‘Reform is merely a stage; transformation of the nation is the destination’. With a vision to bring the entire country under a financial framework, the government is surging ahead on the path of reforms to transform India. Financial inclusion broadens the resource base of the financial system by developing a culture of savings among rural population.
Financial Inclusion is the way the Governments strive to take the common man along by bringing them into the formal channel of economy thereby ensuring that even the person standing in the last is not left out from the benefits of the economic growth and is added in the mainstream economy thereby encouraging the poor person to save
The Government took a decisive step towards simplifying and amalgamating the vast mass of labour laws when it presented before the nation The Code on Wages, 2017, a Bill which combines features and provisions of four existing labour laws pertaining to wages.
Evolution of technology has been the foundation stone of progress and has over the centuries changed the way societies function. Technological inventions have revolutionized each sector of the society by reducing human labour, brining efficiency and increasing productivity. Be it introduction of information communication technologies in education
The Goods and Services Tax (GST) tax was introduced on 1st of July 2017. The last date for payment of GST for the month of July 2017 was 25th August 2017. Payment of GST is complete only when amount of tax payable is debited from electronic cash / credit ledger.
Promulgated by the President in the Sixty-eighth Year of the Republic of India. An Ordinance to amend the Goods and Services Tax (Compensation to States) Act, 2017. WHEREAS Parliament is not in session and the President is satisfied that the circumstances exist which render it necessary for him to take immediate action;
In case the registered person intends to amend any details furnished in FORM GSTR-3B, it maybe done in the FORM GSTR-1 or FORM GSTR-2, as the case may be. For example, while preparing and furnishing the details in FORM GSTR-1, if the outward supplies have been under reported or excess reported in FORM GSTR-3B, the same maybe correctly reported in the FORM GSTR-1.
