G-20 Current Affairs, GK & News

Annual International G-20 Conference- Highlights

13th Annual International G-20 conference was held on October 6, 2021. India was represented by Finance Minister (FM) Nirmala Sitharaman. Highlights During the conference, FM noted that, India is working for identifying the vacuum areas in international policy coordination, in the backdrop of assuming the G20 presidency in 2023. India is also working for strengthening the effectiveness ..

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G-20 Debt Service Suspension Initiative: Key Facts

On October 1, 2020, the officials of the International Monetary Fund (IMF) called for the extension of G20 Debt Service Suspension initiative till the end of 2021. What is Debt Service Suspension Initiative? The DSSI means that for a limited period of time, the debt service payment from poorest countries are suspended upon the request ..

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Extraordinary G20 Trade and Investment Ministerial Meet

On March 31, 2020, the “Extraordinary G20 Trade and Investment Ministerial Virtual Meet” was held through video conferencing. The Union Commerce Minister Piyush Goyal represented India at the meet. Highlights India had called for easy movement of health professionals and enhanced access to affordable medicines across national borders. Amidst the threat of COVID-19, India is ..

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Budget 2020: Governance

In order to achieve minimum government and maximum governance, the Budget 2020-21 has allocated funds for the following Tax Payer Charter introduced The Budget allocated funds to institutionalize a Tax Payer Charter. This is to ensure fairness and avoid harassments in the quest of collecting taxes from the citizens. Only three countries in the world ..

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Cabinet approves Double Taxation Avoidance Agreement between India-Chile

Union Cabinet has approved the signing of Double Taxation Avoidance Agreement (DTAA) and Protocol between Republic of India and Republic of Chile. This will help in elimination of double taxation as well as prevention of fiscal evasion and avoidance with respect to taxes on income. Major impact of DTAA Agreement and Protocol It will facilitate ..

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