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Tag: Union Budget

Economy

Budget announces implementation of Nirvik Scheme

February 3, 2020February 3, 2020 - by Abdul

News:The Finance minister has announced the NIRVIK (Niryat Rin Vikas Yojana) scheme in the Budget 2020. Facts: About NIRVIK Scheme: Aim:To provide a) enhanced insurance cover b) reduced premium for …

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Economy

Budget 2020:Dividend Distribution Tax

February 3, 2020February 3, 2020 - by Abdul

News:Union Budget has proposed to abolish the dividend distribution tax(DDT) at the company’s level.The dividend income will now be added to the taxable income of the recipient and taxed at …

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Economy

Budget 2020:Investment Clearance Cell

February 3, 2020February 3, 2020 - by Abdul

News:The Finance Minister has proposed setting up of ‘Investment Clearance Cell’ for young entrepreneurs. Facts: About Investment Clearance Cell: The Investment Clearance cell will be a pan-India single-window clearance system …

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Economy

Budget 2020:Taxation and Governance

February 3, 2020February 3, 2020 - by Abdul

News:The Finance minister has announced the Vivad Se Vishwas scheme in Budget 2020-21 that would help in reducing litigation. Facts: About Vivaad se Vishwas Scheme: Vivaad se Vishwaas is an …

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Economy

Union Budget 2020-21

February 2, 2020February 3, 2020 - by Abdul

News:The General Budget 2020-21 has been presented by the Union Finance Minister in the Lok Sabha. Facts: About Budget: The word Budget has not been used in the Constitution of …

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Economy

Budget 2020:Macro-economic Framework Statement (MFS) 2020-21

February 2, 2020February 3, 2020 - by Abdul

News:In Budget 2020-21,Government of India has presented the Macro-economic Framework Statement(MFS) 2020-21. Facts: Key Highlights of the statement: The Macroeconomic Framework Statement(MFS) 2020-21 describes the return path of fiscal consolidation …

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Economy

Budget 2020: Govt unveils 16-point action plan to revive agricultural sector

February 2, 2020February 4, 2020 - by Abdul

News:Union Finance minister has proposed 16 action points focusing on doubling Farmers income, Horticulture sector, Food storage, Animal Husbandry and Blue economy. Facts: About 16 point Action Plan:The key highlight …

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Economy

Union Budget 2020:Education and Skill Development

February 2, 2020February 3, 2020 - by Abdul

News:The Budget 2020 was presented at the Parliament under three themes. One of the themes is Aspirational India.The Education and Skills is a subtheme under Aspirational India. Facts: Key takeaways …

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