Page-3 of Topic: Ministry of Finance
What are Off-Budget Borrowings?
The Government of India is all set to present the Union Budget 2021 on February 1, 2021. This year, the focus of the budget will be on off-budget...
What is Economic Survey?
The economic survey for 2020-2021 will be tabled in the parliament on January 29, 2021 days before the presentation of Union Budget on February 1, 2021. Key Facts...
Businesses, with an annual turnover of up to Rs 40 lakh are exempted from GST
The Finance Ministry of the Government of India has declared in a series of statements that Businesses with an annual turnover of up to Rs 40 lakh will...
Banks sanction loans worth over Rs 1.5 lakh crore under ECLGS for MSME
The finance ministry declared, Public and Private Sector Banks have disbursed loans over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME...
GoI: No New Schemes for a year
On June 5, 2020, the Government of India announced that no new schemes will be approved till March 31, 2021. Till then, the schemes under Pradhan Mantri Garib...
Status Paper on Government Debt released
On May 22, 2020, the Ministry of Finance released Status Paper on Government Debt 2018-19. According to the report, the overall debt of centres and states declined by...
Finance Ministry begins Annual Exercise
On May 12, 2020, the Ministry of Finance announced that the government departments and ministries will review guarantees issued against loans issued by various government entities. Highlights The...International Monetary and Financial Committee
The Union Minister of Finance and Corporate Affairs attended the plenary meeting of IMFC through video-conferencing in light of the COVID-19 crisis. About IMFC The International Monetary and...
Union Cabinet approves RoDTEP
The Union Cabinet approved the Remission of Duties or Taxes on Export Products (RoDTEP). It is a scheme for exporters to reimburse taxes and duties paid, like value...
Ajay Bhushan Pandey appointed as the new Finance Secretary of India
The Appointments Committee of the Cabinet has approved the appointment of the current Revenue Secretary Ajay Bhushan Pandey as the new Finance Secretary of India. Ajay Bhushan Pandey... Debasish Panda appointed as Finance Secretary
Debasish Panda, who is currently serving as the Special secretary in the Department of financial services, Union Finance Ministry has been appointed as the new Finance secretary of...
