The Minister of Petroleum & Natural Gas and Steel, Shri Dharmendra Pradhan and Mr Igor Sechin, CEOand Chairman of Rosneft, held the bilateral meeting here today. Both leaders also witnessed the signing of the first-ever Term Contract between IOCL and Rosneft for importing 2 Million Metric Tonnes of Urals grade crude oil during the year 2020 to India.

Prime Minister Shri Narendra Modi, today inaugurated the 11th edition of DefExpo in Lucknow, Uttar Pradesh. India’s biennial military exhibition seeks to showcase the potential of the country as a   global defence manufacturing hub. DefExpo 2020 has become one of India’s largest defence exhibition platform as well as one of the Top DefExpo in the world.

In line with its ethos of encouraging dissemination of knowledge in respect of history, culture and artistic excellence and achievements, the National Museum, New Delhi is currently hosting and supporting an unique exhibition on the life and times of Guru Nanak Sahib.

The Finance Bill, 2020 proposed to remove Dividend Distribution Tax (DDT) at the level of Company/ Mutual Fund and proposed to tax the same in the hands of share/unit holder. It was also proposed to levy TDS at the rate of 10% on the dividend/ income paid by the Company/Mutual Fund to its share/unit holder if the amount of such dividend/ income exceeds five thousand rupees in a Financial Year.

1. The Department of Personnel and Training (DoPT) is the nodal Department for training of Government functionaries and is primarily responsible for formulating policies with regard to capacity building and strengthening the Human resources within the government.