Economy & Banking Current Affairs

Iran-Iraq Bilateral Trade to be increased to $20 Billion

Iran and Iraq are interesting in increasing the bilateral trade value between them to $20 billion in the near future. The two countries are also going to implement all the earlier agreements in this regard, ..

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FIU and IT Department Join Hands to Check Suspicious Cash Transactions

The Income Tax Department has been allowed to share the PAN Card details of an individual entity with the Financial Intelligence Unit so that the FIU can investigate the possible sources of any large cash ..

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CBDT and CBIC Sign MoU for Exchange of Data

A memorandum of understanding has been signed between the Central Board of Direct Taxes and the Central Board of Indirect Taxes and Customs in order to ensure the smooth exchange of data between the two ..

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MoU Signed Between CBDT and MSME Ministry for Data-Sharing

The Central Board of Direct Taxes (CBDT) and the Ministry of Micro, Small and Medium Enterprises have signed a memorandum of understanding regarding sharing of data by the CBDT with the MSME Ministry. This has ..

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Food Exports from India up 27% since March

According to the data published by the Trade Promotion Council of India (TPCI), the food exports from India has observed 27% growth during the lockdown and the unlock period, since March, because of the high ..

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