Union Finance Minister Current Affairs - 2019

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PM announces Jal Jeevan Mission Scheme for households

Prime Minister Narendra Modi announced that the government will launch a Jal Jeevan Mission to bring piped water to households. The announcement was made dueing his 6th Independence Day (August 15) address from Red Fort. About Jal Jeevan Mission Concerned Authority: Under Department of Drinking Water and Sanitation. Need: Half of country’s households do not Read More…

Month:  Categories: Government Schemes & Projects

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High Level Committee recommends CSR expenditure to be made tax deductible

High Level Committee (HLC) on Corporate Social Responsibility (CSR) constituted by Ministry of Corporate Affairs recommended making CSR expenditure tax deductible and to make compliance violations as a civil offence that attracts penalties. Corporate Affairs Secretary Injeti Srinivas presented the Report of the High Level Committee on CSR to Union Finance Minister Nirmala Sitharaman. High Read More…

Month:  Categories: Business, Economy & Banking

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Uttarakhand holds 1st Himalayan conclave

Conclave of Himalayan States was held on at Mussoorie in Uttarakhand to discuss priorities of Indian Himalayan Region (IHR) in 15th Finance Commission (XV FC). The conclave was initiated by government of Uttarakhand with Integrated Mountain Initiative (IMI) as its knowledge partner. The chief guest of conclave was Union Finance Minister Nirmala Sitharaman. Key Highlights Read More…

Month:  Categories: Environment & Biodiversity

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24 July: CBDT celebrates Aaykar Diwas

On 24 July 2019, Central Board of Direct Taxes (CBDT) and all field offices observed and celebrated 159th Income Tax Day also known as Aaykar Diwas. About Aaykar Diwas 2019 Background: It was on 24 July in 1860 that Income Tax (IT) was introduced for 1st time in India by Sir James Wilson to compensate Read More…

Month:  Categories: Events & Observances

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Wilful Defaulters in Nationalised Banks up by 60% in 5 years: Govt

As per a written reply given by Union Finance Minister Smt. Nirmala Sitharaman in Lok Sabha, the number of wilful defaulters in nationalised banks has increased by more than 60% to 8,582 in five years to March 2019. Key Highlights The Finance Minister provided the written reply in Lok Sabha to a question asked that Read More…

Month:  Categories: Business, Economy & Banking

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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…

Month:  Categories: Persons in News

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New Visually Impaired Friendly Coin Series

Prime Minister Narendra Modi has unveiled the new series of visually impaired friendly coins of various denominations. About the Coins The coins are of denomination Rs. 1, Rs. 2, Rs. 5, Rs. 10 and Rs.20. Rs 20 coin, the first-ever coin offering in Rs 20 denomination, has been created in the shape of a 12-edged polygon with a design of grains to denote farm Read More…

Month:  Categories: Business, Economy & BankingUPSC

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