Page-4 of Central government Current Affairs, GK & News

Rs 3.26 Lakh Crore Central GST Collection in First 8 Months of the Fiscal

Minister of State for Finance, Anurag Singh Thakur in a written reply to the Lok Sabha on Monday, November 25 informed that the central Goods and Service Tax (GST) collections till October 2019 for the financial year 2019-20 stood at Rs 3,26,490 crore, which is around half the target of central government for the current ..

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Constituting Foreigners Tribunals

The Ministry of Home Affairs (MHA) has amended the Foreigners (Tribunals) Order, 1964 empowering district magistrates in all States and Union Territories to set up tribunals to decide whether a person staying illegally in India is a foreigner or not. The power to constitute tribunal was earlier vested with the central government. Foreigner Tribunal The ..

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RBI sets the limits for Ways and Means Advances (WMA)

The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 (April 2019 to September 2019) at Rs 75000 crore. What is Ways and Means Advances (WMA)? Ways and Means Advances is the temporary ..

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Centre asks states to step-up spending under District Mineral Fund

The Central government has asked the states to step-up the spending under District Mineral Fund as just 24 per cent of the Rs 23,606-crore mopped up under the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) was actually spent. The central government has also issued directions to ensure that there is no fund diversion or leakage. Pradhan ..

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Amazon-Witzig bid to acquire Birla's retail store chain gets CCI node

The Competition Commission of India has approved the deal wherein Samara Capital-backed Witzig Advisory Services and Amazon will acquire Aditya Birla Retail Ltd, which operates a supermarket store chain ‘more’. As per the deal, 99.99 per cent of the equity share capital of Aditya Birla Retail would be acquired by Witzig and 49 per cent ..

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