Page-3 of Finance Ministry Current Affairs, GK & News
Union Finance Ministry has notified Sabka Vishwas-Legacy Dispute Resolution Scheme, 2019, a dispute resolution and amnesty scheme to reduce legacy service tax and central excise cases. It will become operational from September 1, 2019 four months till December 31, 2019. It can be availed by taxpayers for closing their pending disputes relating to legacy Service ..
Category: Government Schemes Current Affairs
The government has released the data of the Index of Eight Core Industries for June 2019. The monthly Index of Eight Core Industries (ICI) is a production volume index published to provide an advance estimate of the production performance by the industries considered core. The release of Index of Industrial Production (IIP) by the Central ..
The Finance Ministry has asked the public sector banks to gradually reduce the government’s equity to 52 per cent. Currently, some of the public sector banks have government’s holding beyond 75 per cent. Why the disinvestment? The decision to bring down the government’s equity to 52 per cent was taken due to the following reasons: ..
Government to release Rs 75 commemorative coin to mark 75th anniversary of Tricolour hoisting by Bose
Union Ministry of Finance has announced to release Rs 75 commemorative coin on occasion of 75th anniversary of hoisting of Tricolour for first time by Netaji Subhash Chandra Bose at Cellular Jail, Port Blair on December 30, 1943. Earlier on October 21, 2018, Prime Minister Narendra Modi had hoisted National Flag at Red Fort and ..
Union Finance Minister Arun Jaitley launched portal www.psbloansin59minutes.com to enable micro, small and medium enterprises (MSMEs) to get in-principle approval of loans within hour without need for branch visit. The web portal will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from Small Industries Development Bank of India ..