Ministry of Finance Union Finance Minister says Every Possible Measure shall be taken to smoothen the GST Custom duty structure to be overhauled, over 400 old exemptions to be reviewed Customs duty hiked proposed on some mobile parts, auto parts and cotton Phased manufacturing plan for Solar Cells / Panels to be notified AIDC Cess […]
Continue ReadingMinistry of Finance Decriminalisation of the Limited Liability Partnership (LLP) Act, 2008 proposed Revision in ‘Small Companies’ definition Proposed Easing of Rules in ‘One Person Companies’ for Start-Ups, Innovators Strengthening of NCLT Framework for faster Debt Resolution Proposed Launch of New MCA21 version 3.0 Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman proposed […]
Continue ReadingMinistry of Finance One Nation One Ration Card under implementation by 32 states and UTs reaching 69 Crore Beneficiaries: Finance Minister Portal to collect relevant information on Unorganized Labour Workforce Four Labour Codes to be implemented for extending social security benefits to gig and platform workers Single Registration and Licencing to reduce compliance burden on […]
Continue ReadingMinistry of Finance Finance Minister proposes 9 measures for Agriculture and Allied Sectors, Farmers’ Welfare and Rural India as part of inclusive development for aspirational India SWAMITVA scheme to extend to all States/UTs Agricultural Credit Target enhanced to Rs 16.5 Lakh Crore in fy22 33% increase Rural Infrastructure Development Fund Micro Irrigation fund doubled Operation […]
Continue ReadingMinistry of Finance Pandemic’s Impact on Economy: Weak Revenue Flow Combined with High Expenditure on Essential Relief Revised estimates (RE) 2020-21 for expenditure AT 34.50 lakh crore as against budgetary estimates (BE) 2020-21 of 30.42 lakh crore Fiscal deficit pegged at 9.5% of GDP in re 2020-21 BE 2021-22 for expenditure at 34.83 lakh crore, […]
Continue ReadingMinistry of Finance Wellbeing along With Health forms One of The 6 Crucial Pillars of Aatma Nirbhar Bharat Water, sanitation and clean air integral components of health & Wellbeing Jal Jeevan Mission (Urban) announced with an outlay of Rs. 2,87,000 Crore Rs. 1,41,678 Crore allocated to urban Swachh Bharat mission 2.0 Rs. 2,217 Crore to […]
Continue ReadingFinance Commission The Report of the Fifteenth Finance Commission The Fifteenth Finance Commission (XVFC)’s ToR was unique and wide ranging in many ways. The Commission was asked to recommend performance incentives for States in many areas like power sector, adoption of DBT, solid waste management etc. Another unique ToR was to recommend funding mechanism for […]
Continue ReadingVice President’s Secretariat Vice President calls for a model of development that preserves special identity of tribals Vice President emphasizes the need to promote and popularize tribal products to improve their sources of income Culture of Adivasis is their identity – Vice President Shri Naidu wants TRIFED to tap into the demand for organic food […]
Continue ReadingPresident’s Secretariat Rashtrapati Bhavan to Re-Open for Public viewing from this Saturday i.e. February 6 Visit to Rashtrapati Bhavan, which was closed due to COVID-19 since March 13, 2020, will re-open from this Saturday i.e. February 6, 2021 for the public. It will be open on Saturdays and Sundays (except on government holidays). Visitors can book […]
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