Finance minister has announced several measures to provide some relief to Micro,Small and Medium Enterprises(MSMEs) sector. Finance Minister has announced that all pending Goods and Services tax(GST) dues for the MSME sector shall be cleared within 30 days.In the future,all such dues would be cleared within 60 days of application. Further,the banks will issue improved… Continue reading Sitharaman gives MSME sector a breather
Author: ForumIAS
Escape from angel tax delights start-ups
Finance minister has announced that angel tax will not be applicable on startups that are registered with the Department for Promotion of Industry and Internal Trade(DPIIT). The move is likely to give a long-demanded angel tax relief to start-ups and exempt them from scrutiny. The government has also decided to set up a dedicated cell… Continue reading Escape from angel tax delights start-ups
Terror funding watchdog FATF Asia-Pacific Group ‘blacklists’ Pakistan
Asia Pacific group(APG) has placed Pakistan on its Blacklist for its failure in meeting the required global standards and combating terrorism and money laundering. Pakistan was non-compliant in 32 of the 40 Compliance Parameters on Money Laundering & Terror Financing and was low in 10 of the 11 Effectiveness Parameters. In June 2018,Financial Action Task… Continue reading Terror funding watchdog FATF Asia-Pacific Group ‘blacklists’ Pakistan
SEBI announces reward of Rs 1 crore to insider trading informants
Securities and Exchange Board of India(SEBI) has approved a detailed set of rules for the new ‘Informant Mechanism’ under its Prohibition of Insider Trading Regulations. However,these rules would only be available to individuals and corporates.But professionals like auditors will not be able to use this route as they are duty-bound to report any wrongdoing. Insider… Continue reading SEBI announces reward of Rs 1 crore to insider trading informants
Daily Quiz #20 UPSC Prelims Marathon – August 24, 2019
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Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 23, 2019
Q.1) “Auto-industries in India are facing negative growth from a long time” Discuss various reasons for it and give some solutions. Answers Q.2) “Linking Aadhaar to social media is an infringement on privacy of individual and can be damaging to democracy.” Comment. Answers Q.3) Critically analyse various provisions of Unlawful Activities (Prevention) Amendment Act, 2019.… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 23, 2019
Must Read News Articles-August 23rd 2019
GS – 2 Macron: No space for third party mediation in Kashmir France would support any policy that would give region the stability Trump Suggest India should fight Islamic states in Afghanistan U.S. President Donald Trump named India as one of the countries that ought to be fighting the Islamic State (IS) in Afghanistan. EPFO… Continue reading Must Read News Articles-August 23rd 2019
9 PM Current Affairs Brief – August 23, 2019
Sabka Vishwas – Legacy Dispute Resolution Scheme In Budget 2019-20,Government had announced the Sabka Vishwas legacy Dispute Resolution Scheme,2019.The Scheme has now been notified and will be operationalized from 1st September 2019. The objective of the scheme is to free the large number of small taxpayers of their pending disputes with the tax administration. The… Continue reading 9 PM Current Affairs Brief – August 23, 2019
Mains Marathon Daily Current Affairs Questions and Answer Writing – August 24th, 2019
Q.1) “No first use policy of India is based upon the idea of minimum deterrence and non-proliferation of nuclear weapons.” In light of this discuss the need of revisit to India’s No first use policy. The Hindu Q.2) “Russia’s far-east region is economically and strategically important for India to counter China in the region.” Comment.… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – August 24th, 2019
10 PM Current Affairs Quiz #19 August 23, 2019
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