Page-8 of Ministry of Finance
PSBs disbursed Rs 4.91 lakh crore under the Customer Outreach Initiative in October and November 2019
In September 2019, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the launched the Customer Outreach Initiative by the Public Sector Banks (PSBs) of India. The initiative aimed towards providing support to the needs of the economy ..
Soma Roy Burman appointed new Controller General of Accounts
Government has appointed Soma Roy Burman, as 24th Controller General of Accounts (CGA) of India with effect from 1 December 2019. With this appointment she has now become 7th woman to hold this position. About Soma Roy Burman She is ..
Month: Current Affairs - December, 2019
Appointments made on 1st December 2019
1) Soma Roy Burman has been appointed as the New Controller General of Accounts(CGA). Soma Roy Burman, from 1986 batch of Indian Civil Accounts Services (ICAS) officer became the 24th CGA and the 7th women CGA of India. The Controller ..
GST Revenue Collection Report for November 2019
According to a report published by the Ministry of Finance, Gross Goods and Services Tax(GST) revenue collected in November was Rs 1,03,492 crore out of which Central GST (CGST) is around Rs 19,592 crore, State GST (SGST) of Rs 27,144 ..
Committee on Companies Act, 2013 submits its report to Finance Ministry
Ministry of Finance and Corporate Affairs constituted the Company Law Committee in September 2019. The Committee submitted its report to the Finance Minister on November 18, 2019. Objective of the Committee The Committee was constituted to decriminalize the Companies Act, ..
Month: Current Affairs - November, 2019
Finance Minister: Rs 25,000 crore Fund for stuck Housing Projects
On November 7, 2019, Government of India announced the establishment of Rs 25,000 crore fund for home buyers whose money is stuck in stalled projects. According to the Ministry of Finance, there are over 1600 such projects comprising of 4.58 ..