RBI releases bi-monthly policy
News:The Reserve Bank of India released its bi-monthly monetary policy committee(MPC) report. Facts: Key Highlights from the report: Repo Rate:It is the rate at which the RBI lends money to …
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District Export Plan (DEP)
News: The Ministry of Commerce and Industry through the Directorate General of Foreign Trade (DGFT) has initiated a process to prepare and implement a District Export Plan (DEP). Facts: District …
Read MoreFinance Minister introduces Direct Tax Vivad Se Vishwas Bill in Lok Sabha
News: Finance Minister introduced Direct Tax Vivad Se Vishwas Bill, 2020, in the Lok Sabha Facts: Direct Tax Vivad Se Vishwas Bill, 2020 Aim: Settle pending cases on direct taxes …
Read MoreInternational Intellectual Property Index
News:The U.S Chamber of Commerce’s Global Innovation Policy Center (GIPC) has released the International Intellectual Property Index 2020. Facts: About the index: The index maps the Intellectual Property(IP) ecosystem in …
Read MoreCabinet Clears Amendments To Ensure Greater RBI Control Over Cooperative Banks
News:The Union Cabinet has approved amendments to the Banking Regulation Act to give the Reserve Bank of India greater control over cooperative banks. Facts: Key provisions of the amendments: Cooperative …
Read MorePurified Terephthalic Acid (PTA)
News: Finance Minister, in her budget speech has said that the government was abolishing an anti-dumping duty that was levied on imports of Purified Terephthalic Acid (PTA) Facts: About Purified …
Read More15th Finance Commission report
News:The Finance Minister has tabled the interim report of the 15th Finance Commission recommendations. Facts: About 15th Finance Commission: The 15th Finance Commission was constituted by the President of India …
Read MoreBudget announces implementation of Nirvik Scheme
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 …
Read MoreBudget 2020:Dividend Distribution Tax
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 …
Read MoreBudget 2020:Investment Clearance Cell
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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