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Archive: July, 2019

Posts in July, 2019

Estimated savings/benefits of Rs. 59,599 crore upto March, 2019 under ‘PAHAL’ scheme 

July 5, 2019 486 Views 0 comment Print

Estimated savings/benefits of Rs. 59,599 crore upto March, 2019 under ‘PAHAL’ scheme There have been estimated savings/benefits of Rs. 59,599 crore for the Government upto March, 2019 under the ‘PAHAL’ scheme of the Ministry of Petroleum and Natural Gas. The statement of fiscal policy, as required under the Fiscal Responsibility and Budget Management Act, 2003, […]

No scrutiny of Start-ups related to valuations of share premiums 

July 5, 2019 2298 Views 0 comment Print

Start-ups and their investors filing requisite declarations not to be subjected to any scrutiny regarding valuations of share premiums  E-verification mechanism proposed for establishing identity of the investor and source of his funds TV programme proposed exclusively for Start-ups within the DD bouquet of channels Government to launch scheme inviting global companies to set up […]

GST Return and Registration processes further simplified

July 5, 2019 1206 Views 0 comment Print

GST processes further simplified; businesses with less than Rs. 5 crore annual turnover to file quarterly GST returns; threshold for goods supplier to be enhanced from Rs. 20 lakhs to Rs. 40 lakhs  Sabka Vishwas Legacy Dispute Resolution Scheme to resolve litigations involving more than Rs. 3.75 Lakh Crore of pre-GST regime Customs duty exemption […]

Stand-Up India Scheme extended till 2025 

July 5, 2019 915 Views 0 comment Print

Stand-Up India Scheme extended till 2025  Government proposes streamlining multiple labour laws into a set of four Labour Codes New-age skills like AI, Big Data, VR, Robotics and Internet of Things to be promoted The Stand Up India Scheme has been extended upto the year 2025. This was stated by the Union Minister of Finance and Corporate […]

Govt to encourage & facilitate role of women in India’s growth story 

July 5, 2019 357 Views 0 comment Print

Government to encourage and facilitate role of women in India’s growth story  Women Self Help Group interest subvention programme to be extended to all districts Every verified women SHG member with a Jan Dhan Bank Account to get an overdraft of Rs.5,000 One woman in every SHG will be eligible for a loan up to […]

Union Budget Proposes Strengthening MSMEs to Boost Make in India 

July 5, 2019 417 Views 0 comment Print

Union Budget Proposes Strengthening MSMEs to Boost Make in India  Rs. 350 Crore Allocated Under Interest Subvention Scheme Pension Benefit to 3 Crore Retail Traders, Small Shopkeepers with Annual Turnover Less Than Rs.1.5 Crore Under Pradhan Mantri Karam Yogi Maandhan Scheme 100 New Clusters to be set up Under Sfurti this Year, Benefitting 50,000 Artisans […]

Steps to be taken to meet public shareholding norms of 25% for all listed PSUs 

July 5, 2019 606 Views 0 comment Print

All necessary steps to be taken to meet public shareholding norms of 25% for all listed PSUs  Government to start raising a part of its Gross Borrowing Programme in External Markets New coins of One, Two, Five, Ten & Twenty Rupees easily identifiable to visually impaired to be made available for public use shortly For […]

Massive programme of Railway station modernization to be launched

July 5, 2019 474 Views 0 comment Print

Union Budget proposes PPP to unleash faster development and completion of tracks, rolling stock manufacturing and delivery of passenger freight services  Special Purpose Vehicle (SPV) proposed to invest in Suburban Railways Government will complete the dedicated freight corridor project by 2022: Union Budget Massive programme of Railway station modernization to be launched this year Metro-railway […]

Ease of living promotes women led development

July 5, 2019 417 Views 0 comment Print

Two mega initiatives of Ujjwala Yojana and Saubhagya Yojana- have transformed the lives of women in every rural family and dramatically improved their ease of living. This was stated by the Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget 2019-20 in  Parliament today. Household access to clean cooking […]

Union Budget 2019-20: Pathway to 5 Trillion Dollar Economy 

July 5, 2019 582 Views 0 comment Print

UNION BUDGET 2019-20: Pathway to 5 Trillion Dollar Economy  The maiden budget presented by Finance Minister Shrimati Nirmala Sitharaman has struck key chords with the Indian populace and chartered ambitious initiatives and plans for New India’s promising future. This budget was drawn keeping in mind the needs of the upcoming generations and not the upcoming […]

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