Ministry of Finance Current Affairs, GK & News
RoDTEP Scheme: India notifies Duty Rebate Rates
Centre government notified the rates and guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP) export incentive scheme. Key Points This scheme for zero rating of exports will help in boosting India’s exports and competitiveness across the global markets. Rates under RoDTEP scheme for different sectors have been set as 0.5 per cent, ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Central Board of Indirect Taxes and Customs • Ministry of Finance • Remission of Duties or Taxes on Export Product (RoDTEP) • RoDTEP scheme • UPSC
FinMin Joint Secretary Rashmi R Das appointed to UN Tax Committee
Rasmi Ranjan Das, a Joint secretary of the Finance Ministry has been appointed to the UN tax committee as a member for the term period 2021 to 2025. Rasmi Ranjan Das is Joint Secretary – (FT&TR-I), Central Board of Direct Taxes, Department of Revenue, Ministry of Finance. About the UN tax committee Formally known ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Topics: Ministry of Finance • Rasmi Ranjan Das • UN Committee of Experts on International Cooperation in Tax Matters • UN Secretary General Antonio Guterres • UN tax committee
Cabinet approves PMGKY 4.0
Union government has approved PMGKY 4.0 to allocate additional food grain for another period of five months from July 2021 to November 2021. Key Points Pradhan Mantri Garib Kalyan Yojana Phase IV will be launched from July 2021 to November 2021. Under it, free of cost food grains will be given at 5 kg per ..
Month: Current Affairs - June, 2021
Category: Government Schemes Current Affairs
Topics: COVID-19 • Ministry of Finance • PMGKY 4.0 • Pradhan Mantri Garib Kalyan Yojana • Pradhan Mantri Garib Kalyan Yojana Phase IV
T Rabi Sankar named RBI deputy governor
The Government of India recently appointed T Rabi Shankar as the fourth Deputy Governor. About T Rabi Shankar T Rabi Shankar is in charge of fintech, payment system, risk management and information technology at the Apex Bank. He has succeeded B P Kanungo. Rabi Shankar has an M Phil in Economics degree. He was appointed ..
Month: Current Affairs - May, 2021
Category: Awards, Persons & Places in News • Economy & Banking Current Affairs
Topics: deputy governor • Governor of RBI • Ministry of Finance • Monetary Policy Committee (MPC) • RBI • Reserve Bank of India
Scheme of Financial Assistance to States for Capex
The Ministry of Finance recently announced that it is to provide Rs 15,000 crores to the states for their Capital Expenditure for 2021-22. This is being provided as interest free fifty-year loan to spend on capital projects. Fresh guidelines have been announced in this regard called the “Scheme of Financial Assistance to States for Capital ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Capital Expenditure • Disinvestment • Ministry of Finance • National Infrastructure Pipeline (NIP) • North East • scheme for special assistance to states for capital expenditure • Scheme of Financial Assistance to States