Page-8 of Ministry of Finance Current Affairs, GK & News

National Time Release Study

For the first time the Ministry of Finance conducting national Time Release Study (TRS) as part of its strategic commitment for improving global trade. Time Release Study TRS is an internationally recognized tool advocated by World Customs Organization to measure the efficiency and effectiveness of international trade flows. The initiative on the ground is lead ..

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Debt Management and Monetary Policy in India

The discourse on the need to separate debt management and monetary policy is doing rounds for quite a time. The view was even endorsed by the committee on capital account convertibility in 1996 because of the possible conflict of interest between monetary policy and debt management. Why the issue went to backburner? When Bimal Jalan ..

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Rajiv Kumar appointed as new Finance Secretary of India

Rajiv Kumar, a 1984 batch Indian Administrative Service officer of Jharkhand cadre, has been appointed the new Finance Secretary. He succeeded Subhash Chandra Garg, who is currently the power secretary. The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi approved the designation of Kumar as the new Finance Secretary. The finance secretary ..

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159th Income Tax Day (ITD-2019)

The Central Board of Direct Taxes (CBDT) has celebrated the 159th Income Tax Day i.e. Aaykar Diwas on 24th July 2019. The week preceding the Aaykar Diwas 2019 has been marked by various activities undertaken by the regional offices of the department across the country. The event will include release of departmental publications, e-journal, publicity ..

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The Bharatmala Project

The Indian Government had launched the Bharatmala Project to connect various parts of India which would maintain the flow of traffic of people and goods between places. What is Bharatmala? It is an umbrella scheme which covers the highways sector and there are plans to construct several new roads in the country. It will focus ..

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