Page-7 of nirmala sitaraman

Vivad Se Vishwas Scheme: Rs 888.09 crores saved by NMDC under the scheme

On April 1, 2020, the National Mineral Development Corporation operating under the Government of India announced that it has saved Rs 888.09 crores by adopting Vivad Se Vishwas Scheme. Highlights The Vivad Se Vishwas scheme was announced by the Finance ..

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Finance Minister on COVID-19: Tax Filings extended, ATM, bank charges waived off, Business Rules Eased and much more

On March 24, 2020, the Finance Minister Nirmala Sitaraman announced several key measures in the view of Corona Virus Pandemic. The minister also announced that the Economic Task Force is to announce Economic Relief Package to contain the spread of ..

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Finance Bill, 2020 passed in Lok Sabha

On March 23, 2020, Finance Minister Nirmala Sitaraman introduced the Finance Bill, 2020. The bill was introduced and passed in Lok Sabha without any discussion. Key Features of the Bill The bill provides the financial proposals of the fiscal year ..

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Incentive Scheme for Large Scale Electronics Manufacturing approved by Cabinet

On March 21, 2020, the Union Cabinet under PM Modi approved the Production Incentive Scheme for large scale manufacturing of Electronics. The main aim of the incentivisation is to increase investments in mobile manufacturing. Benefits The scheme aims to create ..

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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 are more than 400,000 cases that are eligible to avail the scheme. ..

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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 Task Force is to be implemented under the Finance Minister. Highlights PM ..

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