Page-3 of Nirmala Sitharaman
Finance Minister Nirmala Sitharaman attends 3rd G20 Finance Minister and Central Bank Governors Meeting
The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, participated in the 3rd G20 Finance Ministers and Central Bank Governors meeting under the Presidency of Saudi Arabia, through video conferencing, in order to deliberate on issues pertaining to the ..
Month: Current Affairs - July, 2020
Cooperative Banks brought under RBI
On June 24, 2020, the Union Cabinet chaired by PM Modi approved to bring cooperative banks under the Reserve Bank of India. This is to be done through an ordinance. Highlights There are about 1,482 crores of urban cooperative banks. ..
Month: Current Affairs - June, 2020
Uttar Pradesh: FRBM Ordinance, 2020
On June 22, 2020, the Uttar Pradesh Government announced that it will bring in an ordinance, “UP Fiscal Responsibility and Budget Management”, FRBM Ordinance, 2020. This is the second amendment being made to the act by the state government under ..
Month: Current Affairs - June, 2020
Finance Minister announces relief measures amid lockdown
Union Finance Minister Nirmala Sitharaman recently announced various relief measures amid lock-down of the country due to coronavirus scare. As per the measures, the deadline for filing belated income tax return (ITR) for the financial year 2018-19 and for filing ..
ICAS celebrates 44th Civil Accounts Day
The Indian Civil Accounts Service (ICAS) is celebrating March 1 every year as the “Civil Accounts Day”. Recently, the 44th Civil Accounts Day function was hosted in New Delhi and was attended by the Union Minister Nirmala Sitharaman. The Finance Minister ..
Prime Minister invites citizens to share ideas and suggestions for Union Budget
The Prime Minister of India, Narendra Modi on Wednesday, January 8, 2020, has asked all citizens of the country to share their ideas and suggestions for the Union Budget 2019-20 that is scheduled to be presented by the Finance Minister ..
Month: Current Affairs - January, 2020
Rs. 5,908 crore Additional Central Assistance to 7 States
The Centre has approved the release of funds amounting to Rs.5908 crores to 7 states. The High-Level Committee today was chaired by the Union Home Minister Amit Shah in New Delhi. Uttar Pradesh, Himachal Pradesh, Assam, Madhya Pradesh, Maharastra, and ..
Month: Current Affairs - January, 2020
Finance Minister launches ‘eBkray’ auction platform for assets attached by banks
Union Finance Minister Nirmala Sitharaman has launched eBkray or eBक्रय, an common e-auction platform to enable online auction of attached assets transparently and cleanly for the improved realization of value by banks. The e-auction platform is now linked on Indian ..
Month: Current Affairs - December, 2019
Finance Commission suggests GST Council for Three Slabs
The fifteenth Finance Commission headed by Retired IAS officer Nand Kishore Singh is about to commence its tenure of 5 years from 1st April 2020- 31st March 2025. The commission constituted on 27th November 2017 will recommend fiscal matters and ..
In a first, GST Council fixes 28% uniform tax rate for lottery
In a first, the Goods and Services Tax (GST) Council meeting resorted to voting to decide on an issue, as all the earlier decisions by GST Council had been taken through consensus. The controversial issue of GST rate for lotteries ..