Page-2 of Union budget of India Current Affairs, GK & News

Budget 2019 : New Rs 20 coin

A new coin of Rs 20 denomination is to be launched in the Indian market. The details of the new Rs 20 coin are as follows- The new Rs 20 coin will have a 12-edged polygon (dodecagon) shape. It will be made of copper, zinc and nickel. The dimensions of the new coin will be ..


Ministry of Finance starts ‘Know Your Budget’ on Twitter to educate general public about budgetary process

The Union Ministry of Finance has started ‘Know Your Budget’ fortnight series on its Twitter handle to educate general public about the budgetary process. The series would explain the importance of Union Budget and its making, and would continue for about a fortnight. In the first series of tweets, the Ministry explained the terms – ..


World Bank approves 6000 cr for Atal Bhujal Yojana (ABHY) of Government of India

The World Bank has approved Rs.6000 crore for Atal Bhujal Yojana (ABHY), a Central Sector Scheme of the Ministry of Water Resources, River Development and Ganga Rejuvenation. The scheme is to be implemented over a period of five years from 2018-19 to 2022-23, with World Bank assistance. The ABHY has been formulated by the Ministry ..



Budget on February 1 to help Kick-Start Projects earlier

The central government expects that its proposal to present the union budget on February 1 will kick start developmental projects from April 1 itself. The government has said that its decision to present the budget early would not get impacted by the recent demonetisation carried out by the government. The Budget for 2017-18 would be ..


E-file returns compulsory if income exceeds Rs 10 Lakhs

People with income of Rs 10 Lakhs per annum will have to file their tax returns electronically beginning 2011-12 Financial year. The CBDT (Central Board of Direct Taxes) has issued a notification making e-filing compulsory for assessment year 2012-13 onwards for an individual or a Hindu undivided family if his or its total income exceeds ..



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