Union Finance Ministry Current Affairs, GK & News

Fin Min to issue appreciation certificates to GST payers

Union Finance Ministry has decided to issue certificates of appreciation to over 54,000 GST payers. Why certificates will be issued? Certification of appreciation will be issued for timely filing of returns and cash payment of tax and to mark fourth anniversary of historic tax reform Goods and Services Tax. About 66 crore GST returns have ..

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First Installment of Highest Ever Rs 60,750 Crore Grant to RLBs Released

For the Financial Year (FY) 2020-21, the Fifteenth Finance Commission had earlier submitted its report for the Rural Local Bodies (RLB), the recommendations in the report were accepted by the Government. Based on it, the highest ever grants in a single year was allocated to the RLBs for the FY 2020-21 of Rs 60,750 Crore. ..

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Centre fixes price for Sovereign Gold Bonds at Rs.3,443 per gram

Government of India has fixed the price at Rs.3,443 per gram for the new series of Sovereign Gold Bonds (SGBs) opening July 8. Key Highlights Union Finance Ministry recently announced that Centre in consultation with Reserve Bank of India (RBI) has decided to allow a discount of Rs.50 per gram from issue price to those ..

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Union Government launches e-Sahyog Pilot Project to facilitate Taxpayers

Union Finance Ministry has launched an e-Sahyog pilot project of Income-Tax Department to facilitate taxpayers to reduce their need to physically appear before tax authorities. It was launched by Union Finance Minister Arun Jaitley at a function in New Delhi in line with Union Government flagship Digital India initiative. Key facts about e-Sahyog project Aims ..

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