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Union Budget 2021-2022- Summary

The 2021-22 Union Budget was presented amid the COVID-19 pandemic on February 1, 2021. Since the 2020 budget, the Indian economy have reduced from 2.24 lakh crore nominal...

February 2, 2021

Budget 2021: No change in Income Tax Slabs

The Union Finance Minister, Nirmala Sitharaman, have proposed no change in the Income Tax Slabs in the Union Budget 2021. The income tax structure has been kept as...

February 1, 2021

Budget 2021: Rs 3.05 trillion Electricity Distribution Reform Programme announced

The Finance minister of India, Nirmala Sitharaman, announced a Rupees 3.05 trillion electricity distribution reform programme while presenting the Union Budget 2021. Highlights The electricity distribution programme will...

February 1, 2021

Budget 2021: Voluntary Vehicle Scrappage Policy proposed

The Finance minister of India, Nirmala Sitharaman, have proposed for the “Voluntary Vehicle Scrappage Policy”. This proposal was made during the presentation of the Union Budget for Financial Year 2022....

February 1, 2021

23rd Meeting of Financial Stability and Development Council

The Union Finance Minister Smt Nirmala Sitharaman recently chaired the 23rd meeting of the Financial Stability and Development Council. At the meet, the minister reviewed the financial stability...

December 16, 2020

Finance Minister announces Economic Stimulus Package 4.0

On November 12, 2020, the Finance Minister Smt Nirmala Sitaraman announced the Economic Stimulus Package 4.0. Key Highlights Production Linked Incentive Scheme for 10 sectors. Rs 1.46 trillion...

November 12, 2020

Rs 14,690 Crore disbursed under Emergency Credit Line Guarantee Scheme

On June 12, 2020, the Ministry of Finance announced that the public sector banks have so far disbursed Rs 14,690 crores for the MSMEs under the Emergency Credit...

June 13, 2020

GST Council meet

On June 12, 2020, the Finance Minister Nirmala Sitaraman chaired the 40th GST Council Meet. Highlights The minister at the meet announced that no late fee will be...

June 12, 2020

India to set up Coal Exchange

India is to set up Coal Exchange trading platform soon. According to the proposal to set up the India Coal Exchange platform, the entire coal mined in the...

June 9, 2020

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...

June 6, 2020

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