Page-2 of Union Budget

Economic Survey 2022-23: Highlights

January 31, 2023

Economic Survey is presented a day before the Budget session. Finance Ministry prepares the survey. The survey says that in 2024, India’s GDP will be in the range of 6% to 6.8%. Public digital platforms played a major role in ..

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Budget Session of Parliament

January 31, 2023

The President of India Smt Draupadi Murmu initiated the Budget Session of 2023 in the Parliament House. Murmu addressed a joint session of the parliament. The Finance Ministry will present its Economic survey ahead of the Union Budget. Every year, ..

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What are Sovereign Green Bonds?

February 2, 2022

During the Union Budget presentation, the Finance Minister Nirmala Sitaraman announced the issuance of “Green bonds”. These bonds are to be issued to mobilise green infrastructure resources. What are green bonds? Green bonds are debt instruments. The money collected by ..

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Union Budget 2022-23-Highlights

February 1, 2022

On February 1, 2022, the Union Finance Minister Nirmala Sitaraman presented the Union budget 2022-23. The budget focuses on macro economic growth, energy transition, promoting digital economy, climate action, tech enabled development, crowding in private investment. Here are the highlights ..

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Net Tax Collection exceeds revised estimates in FY21

April 9, 2021

In the fiscal year (2020-21) that ended on March 31, 2021, the corporate tax and income tax collected were Rs 9.45 lakh crores. About the Tax Collections The tax collections in the fiscal year 2021 exceeded the revised target by ..

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Finance Minister launched instant Aadhaar based E-KYC

May 29, 2020

On May 27, 2020, the Union Finance Minister Nirmala Sitaraman launched instant Aadhaar based E-KYC. Highlights The facility will be available for PAN applicants that possess valid Aadhaar number. They should also have a mobile number registered with Aadhaar. The ..

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COVID-19: President Ram Nath Kovind to donate 30% of his salary for a year

May 16, 2020

The President Ram Nath Kovind recently announced that he is to donate 30% of his salary to aid the GoI in the fight against COVID-19. The Rashtrapti Bhavan will also follow set of restrictions under the instruction of the President ..

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Amendments to Prime Minister Research Fellowship Scheme (PMRF)

May 9, 2020

The Union Ministry of Human Resource and Development recently announced various amendments to Prime Minister Research Fellowship Scheme. Highlights Under the scheme, a dedicated division called “Research and Innovation Division” was created to boost research. The division is to be ..

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