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SC removes ban on cryptocurrency
The Supreme Court has struck down a ban on the trading of virtual currencies (VC) in India, which was in place after the Reserve Bank of India’s order from April 2018.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/23022-sc-removes-ban-on-cryptocurrency.html
#SC #IAMAI #RBI #VCs #Bitcoin #cryptocurrency

Direct Tax Vivaad Se Vishwas Bill approved
A bill to provide an opportunity for taxpayers to settle their tax disputes by paying just due taxes with complete waiver of interest and penalty by March 31 was approved by the Lok Sabha on 4 March 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/23021-direct-tax-vivaad-se-vishwas-bill-approved.html
#VishwasBill #DTVSVB #NirmalaSitharaman #ITAT #LokSabha

Intelligence cell for MSMEs
A parliamentary panel on 3 March 2020 recommended setting up of market intelligence cell for MSMEs, and made a case for a cut in tax rates for proprietary as well as partnership firms from 30 per cent to 22 per cent on the lines of reduction in corporate tax.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/23020-intelligence-cell-for-msmes.html
#Intelligence #MSMEs #GST #KVIC #RajyaSabha

Merger of PSB is on course
Finance Minister Nirmala Sitharaman on 4 March 2020 said the exercise of consolidation of 10 public sector banks (PSBs) into four is on course and the merger will come into effect from April 1, 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/23019-merger-of-psb-is-on-course.html
#PSBs #NirmalaSitharaman #VijayaBank #SBI #Merger

Chambal sanctuary declared eco-sensitive zone
National Chambal sanctuary has been declared as an eco-sensitive zone by the central government. The decision to declare the area as an eco-sensitive zone will prohibit the construction of hotels or resorts within an area of zero to two kilometres from the sanctuary.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/23018-chambal-sanctuary-declared-eco-sensitive-zone.html
#Chambal #NCS #MadhyaPradesh #TourismMasterPlan

Amendments in the Companies Act
The Union Cabinet on 4 March 2020 approved amendments to the Companies Act, to decriminalise various offences. Cabinet has approved 72 changes to 65 sections of the Companies Act, Finance and Corporate Affairs Minister Nirmala Sitharaman said.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/23017-amendments-in-the-companies-act.html
#Amendments #CompaniesAct #NirmalaSitharaman #CSR