Arun Jaitley Current Affairs - 2020

Finance Minister: Businesses with annual turnover of up to Rs 40 lakhs exempted from GST

On August 24, 2020, the Finance Minister Nirmala Sitaraman announced that the businesses with annual turnover of up to Rs 40 lakhs are exempted from GST. Earlier the limit was Rs 20 lakhs. Highlights The announcement was made through series of tweets on the occasion of first death anniversary of former Finance Minister Arun Jaitley. Read More…

National Institutes renamed after late Union Ministers Sushma, Arun Jaitley and Manohar Parrikar

The Government of India has been renaming the national institutes after late ministers. The leaders passed away in 2019 due to health issues. They were Manohar Parrikar, Arun Jaitley and Sushma Swaraj. Objective of renaming The renaming is being done in order to align the institutes on the lines of the vision of the late Read More…

Thawarchand Gehlot appointed as Leader of Rajya Sabha

Thawarchand Gehlot, Union Minister of Social Justice and Empowerment was recently appointed as Leader of Rajya Sabha (Council of States). The Leader of the Rajya Sabha is appointed by the party in power at Centre. This position was occupied by senior BJP leader and former Union Finance Minister, Arun Jaitley in previous Narendra Modi-led government Read More…

‘Benefits of the Aadhaar – where it stands today’

The Union Finance Minister Arun Jaitley has released a Facebook post titled ‘Benefits of the Aadhaar – where it stands today’ highlighting how the efficient use of the Aadhaar based identification has aided in improving the governance and in efficient delivery of services. How Aadhaar has aided in reducing leakages? The Finance Minister highlights the efficacy Read More…

Two years of insolvency and Bankruptcy Code (IBC)

The Union Finance Minister Arun Jaitley has written a Facebook post titled ‘Two years of insolvency and Bankruptcy Code (IBC)”. In the post, he explains how things have been changed after the IBC was passed by the Parliament. Once the IBC was passed by the government, the government took immediate steps to set up Insolvency Read More…