In the fiscal year (2020-21) that ended on March 31, 2021, the corporate tax and income tax collected were Rs 9.45 lakh crores. About the Tax Collections The...
On May 27, 2020, the Union Finance Minister Nirmala Sitaraman launched instant Aadhaar based E-KYC. Highlights The facility will be available for PAN applicants that possess valid Aadhaar...
The President Ram Nath Kovind recently announced that he is to donate 30% of his salary to aid the GoI in the fight against COVID-19. The Rashtrapti Bhavan...
The Union Ministry of Human Resource and Development recently announced various amendments to Prime Minister Research Fellowship Scheme. Highlights Under the scheme, a dedicated division called “Research and...
The Government of India is to implement a new Agro MSME policy. The policy is to focus entrepreneurship in rural, tribal, forest and agricultural areas. Highlights The Union...
On April 29, 2020, the task force on National Infrastructure Pipeline has submitted its final report to Finance Minister Nirmala Sitaraman. The report has been prepared for the...
The US Government recently allocated 100 billion USD to fight Corona Virus. Following the US, UK had announced 400 billion USD to be allocated for Corona Virus. Ranked...
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...
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...
Ministry of Food Processing and Ministry of Women and Child Development jointly inaugurated the National Organic Food Festival in New Delhi. The festival aimed at strengthening organic food...
