After the recommendation by the three-member committee, the Centre has decided to continue with the existing annual income limit of Rs 8 lakh for the identification of the economically weaker sections (EWS).
Central Vigilance Commission and Ministry of Finance have extended the scope of the existing ABBFF to cover all fraud cases involving an amount of Rs.3 Crore and above in Public Sector Bank and Public Sector Financial institutions.
Prime Minister of India Shri Narendra Modi hosted the first India-Central Asia Summit through a virtual platform. The central Asian region has five recognized countries.
The GST Council decided to defer the increase in the rate for textiles to 12% from 5%. It has referred the matter to a panel of Ministers, to review Rate Rationalisation.