Topic: Union Finance Minister
GST Council Meeting-Highlights
47th GST Council Meeting was held in Chandigarh. In a two-day meeting GST Council recommended rate changes on certain items. These changes will be made effective from July...
GoI facilitates filling of NIL GST Return through SMS
The Government of India has allowed taxpayers to fill their NIL GST monthly reurn form through SMS. This will improve ease of GST compliance to more than 22...
RBI Board recommends aligning of accounting year with fiscal year from 2020-21
The current accounting year of the Reserve Bank of India (RBI) is July-June. Recently, the Central Board of Directors of the RBI recommended to align the accounting year of...
Prime Minister invites citizens to share ideas and suggestions for Union Budget
The Prime Minister of India, Narendra Modi on Wednesday, January 8, 2020, has asked all citizens of the country to share their ideas and suggestions for the Union...
Rs. 5,908 crore Additional Central Assistance to 7 States
The Centre has approved the release of funds amounting to Rs.5908 crores to 7 states. The High-Level Committee today was chaired by the Union Home Minister Amit Shah...
Finance minister: MDR charges not applicable for RuPay and UPI from 2020
On December 28, 2019, Finance Minister Nirmala Sitaraman announced that Merchant Discount Rate (MDR) will not be applicable on bank transactions made through RuPay and UPI platforms. Highlights...
UK returns ‘stolen’ 12th century Buddha statue 57 years later
Union Finance Minister Nirmala Sitharaman handed over antique 12th century Bronze Idol of Buddha that was stolen from Archaeological Survey of India’s (ASI) Nalanda site museum in 1961...
PM announces Jal Jeevan Mission Scheme for households
Prime Minister Narendra Modi announced that the government will launch a Jal Jeevan Mission to bring piped water to households. The announcement was made dueing his 6th Independence...
High Level Committee recommends CSR expenditure to be made tax deductible
High Level Committee (HLC) on Corporate Social Responsibility (CSR) constituted by Ministry of Corporate Affairs recommended making CSR expenditure tax deductible and to make compliance violations as a...
Uttarakhand holds 1st Himalayan conclave
Conclave of Himalayan States was held on at Mussoorie in Uttarakhand to discuss priorities of Indian Himalayan Region (IHR) in 15th Finance Commission (XV FC). The conclave was...
