Arun Jaitley: GK, General Studies and Current Affairs

Businesses, with an annual turnover of up to Rs 40 lakh are exempted from GST

The Finance Ministry of the Government of India has declared in a series of statements that Businesses with an annual turnover of up to Rs 40 lakh will enjoy GST exemption. Previously the threshold limit was Rs 20 lakh. Key highlights During the commemoration ceremony of the first death anniversary of former Finance Minister Arun ..

Mary Kom becomes First woman Sportsperson to win Padma Vibhushan

Six-time World Amateur Boxing Champion and Olympian bronze medallist (London 2012), MC Mary Kom was announced as one of the recipients of the prestigious ‘Padma Vibhushan’ award on the occasion of  Republic Day 2020. Mary Kom became the first women sportsperson to win the award. She is the first boxer in the world in both ..

Arun Jaitley head of newly constituted Group of Ministers (GoM) on stressed power assets

The Union government has constituted a Group of Ministers (GoM) headed by Finance Minister Arun Jaitley to examine the specific recommendations of High Level Empowered Committee (HLEC) constituted to address the issue of stressed power projects and forward their comments for consideration by the Union Cabinet. The panel, headed by Cabinet Secretary P K Sinha, ..

Injeti Srinivas heads committee on review of penal provisions of Company Act 2013

The committee, chaired by Corporate Affairs Secretary Injeti Srinivas, has recently submitted final report on review of penal provisions of Company Act 2013 to the Union Minister for Finance & Corporate Affairs, Arun Jaitley. The Committee recommended that the existing rigour of the law should continue for serious offences, covering six categories, whereas for lapses ..

Rajyavardhan Rathore takes charge as new Minister of Information and Broadcasting (I&B)

In a Cabinet reshuffle, Col Rajyavardhan Rathore has taken charge as the new Union Minister of Information and Broadcasting (I&B) on May 15, 2018. He replaced Smriti Irani. Mrs Irani will now only hold the portfolio of Minister of Textiles. A communique from the office of President Ram Nath Kovind said, Railway Minister Piyush Goyal ..