Finance Minister Current Affairs, GK & News
42 Crore Citizens received Financial Aid of Rs 65,454 Crore under PMGKP
As per the data provided by the Union Finance Ministry on 20th June 2020, through Pradhan Mantri Garib Kalyan Package (PMGKP), a total of 42 crore citizens across the country have received financial aid of Rs 65,454 crore to date. The amount was distributed in the 3 forms, :(i) Through Direct Benefit Transfer (DBT) to ..
Month: Current Affairs - June, 2020
Category: Economy & Banking Current Affairs
Topics: Finance Minister • Jan-dhan account • PM-Kisan • Pradhan Mantri Garib Kalyan Package • Pradhan Mantri Ujjwala Yojana
INR-USD Futures and Options Contracts launched by Finance Minister
On May 9, 2020, the Union Finance Minister Smt Nirmala Sitaraman launched the INR-USD Futures and Options contracts in the BSE and NSE platforms. They were launched at the GIFT International Financial Service Centre (IFSC) in Gandhinagar, Gujarat through video conference. Significance The contracts have been launched to increase economic activity and employment in the ..
Month: Current Affairs - May, 2020
Category: Economy & Banking Current Affairs
Topics: Bombay Stock Exchange • Finance Minister • Gift City • IFSC • National stock exchange • nirmala sitaraman • Stock Market • Stock Trading
Task force on National Infrastructure Pipeline submits its report
On April 29, 2020, the task force on National Infrastructure Pipeline has submitted its final report to Finance Minister Nirmala Sitaraman. The report has been prepared for the year 2019-25. Highlights The summary of the report prepared by the task force on National Infrastructure Pipeline had already been released in December 2019. The Finance Minister ..
Month: Current Affairs - April, 2020
Category: India Nation & States Current Affairs
Topics: Finance Minister • Funds • infrastructure • National Infrastructure Pipeline • nirmala sitaraman • Task Force • Union Budget
Finance Minister on COVID-19: Tax Filings extended, ATM, bank charges waived off, Business Rules Eased and much more
On March 24, 2020, the Finance Minister Nirmala Sitaraman announced several key measures in the view of Corona Virus Pandemic. The minister also announced that the Economic Task Force is to announce Economic Relief Package to contain the spread of the disease. Financial Measures No charges on withdrawal of cash in bank ATMs. Also, the ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs
Topics: ATM Charges • Benami Transactions • Corona virus • COVID-19 • Finance Minister • Income Tax Act • nirmala sitaraman • Vivad Se Vishwas
Finance Bill, 2020 passed in Lok Sabha
On March 23, 2020, Finance Minister Nirmala Sitaraman introduced the Finance Bill, 2020. The bill was introduced and passed in Lok Sabha without any discussion. Key Features of the Bill The bill provides the financial proposals of the fiscal year 2020-21. With the bill being passes, the proposals made under the Union Budget 2020-21 has ..
Month: Current Affairs - March, 2020
Category: Legal & Constitution Current Affairs
Topics: Bills and Acts • CLAT • Dividend • Finance Bill 2020 • Finance Minister • Income Tax • Lok Sabha • nirmala sitaraman • NRI • union budget 2020-21