budget 2020-21: GK, Current Affairs, Questions, Trivia and News

Budget 2020: dispute resolution scheme for direct taxes

February 6, 2020

The Union Finance Minister Nirmala Sitharaman announced a dispute resolution scheme for direct taxes in the recent Union Budget 2020-21. Under the proposed scheme, the taxpayers whose tax demands are locked in any dispute in any of the forums can pay their due taxes by March 31, 2020. By paying it before the deadline, the ..

Union Budget 2020-21: disinvestment target set at ₹ 1.2 Lakh Crores

February 3, 2020

In the Union Budget 2020-21, the Government has set its disinvestment target at ₹ 1.2 Lakh Crores for the fiscal year 2020-21. The government also expects ₹90,000 crore revenue from disinvestment of government stake in public sector banks and financial institutions, including the LIC and IDBI bank. This is in addition to the 1.2 Lakh Crore ..