Page-2 of Finance Minister of India Current Affairs, GK & News

Finance Minister launches EASE 3.0 initiative

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman recently unveiled the initiative of Public Sector Banks named ‘EASE 3.0’. The initiative aims to enhance Ease of banking in all customer experiences, using information technology. The EASE agenda was initially launched in 2018 by Public Sector Banks, for providing smart and effective banking to customers.

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Budget 2020: dispute resolution scheme for direct taxes

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 ..

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 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 tax devolution formula to the Central Government over its tenure. On Sunday, 23rd December 2019 ..

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