Current Affairs

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GoI notifies rules for Vivad Se Vishwas Scheme

On March 19, 2020, Govenrment of India has notified rules to avail full benefit of direct tax dispute resolution under the Vivad Se Vishwas Scheme. Highlights Currently, there...

March 20, 2020

PM Modi addresses the Nation: Introduces “People’s Curfew”, Economic Response Task Force to fight Corona Virus

On March 19, 2020, Prime Minister Narendra Modi addressed the nation on combating Corona Virus. The PM introduced People’s Curfew during his speech. He also said that Economic...

March 19, 2020

Parliament passed Direct Tax Vivad Se Viswas Bill, 2020

On March 14, 2020, Parliament passed the Direct Tax Vivad Se Viswas Bill, 2020. The bill aims to reduce the number of litigation that are associated with direct...

March 14, 2020

Committee formed for the implementation of Kisan Rail Scheme

The Government of India recently formed a committee in order to make suggestions on Kisan Rail Scheme. The scheme was introduced by Finance Minister Nirmala Sitaraman in the...

March 12, 2020

Finance Minister introduces bill to amend Banking Regulation Act

On March 3, 2020, Finance Minister Nirmala Sitaraman introduced bill in Parliament to amend banking regulation law to regulate cooperative banks. It aims to prevent frauds as that...

March 4, 2020

GoI to increase reach of banking in the North-East Tea Garden areas

On February 27, 2020, the Finance Minister Nirmala Sitaraman announced that the banking in the North East Region is to be increased. Highlights The minister in a meeting...

February 28, 2020

EASE 3.0 launched by the Finance Minister to enhance Ease of Banking

On February 26, 2020, the Finance Minister Nirmala Sitaraman launched Enhanced Access and Service Excellence (EASE 3.0). It was launched along with the annual report of EASE 2.0...

February 27, 2020

DPIIT notifies 100% Foreign Direct Investment in Insurance Intermediaries

The Department for Promotion of Industry and Internal Trade (DPIIT) operating under Ministry of Commerce and Trade has amended the FDI (Foreign Direct Policy) to allow 100% foreign...

February 26, 2020

Cabinet approves changes in Vivad Se Vishwas bill, 2020

The Vivad se Vishwas Scheme was announced by Finance Minister Nirmala Sitaraman during the Budget 2020-21. On February 12, 2020, the Union Cabinet approved to make required changes...

February 13, 2020

The Direct Tax Vivad Se Vishwas bill introduced in Lok Sabha by the Finance Minister

The Finance Minister Nirmala Sitaraman proposed the scheme Vivad Se Vishwas Scheme in the Union Budget 2020. In order to implement the scheme, the minister introduced a bill...

February 6, 2020

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