Source: The post is based on the article “‘Super rich’ incomes’ share ebbing amid middle-class mobility: CBDT” published in “The Hindu” on 27th October 2023 Why in the News? Central Board of Direct Taxes(CBDT) has released data on India’s Tax base. What are the key highlights from the CBDT’s data? Source: The Hindu 1.Widening Tax… Continue reading ‘Super rich’ incomes’ share ebbing amid middle-class mobility: CBDT
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
Global Tax Evasion Report 2024
Source: The post is based on the article “Global Tax Evasion Report 2024” published in “EU” on 27th October 2023 Why in the News? The European Union Tax Observatory has released ‘Global Tax Evasion Report 2024’. What is the Global Tax Evasion Report 2024? Released by: European Union Tax Observatory Aim: To discuss tax evasion,… Continue reading Global Tax Evasion Report 2024
2020 Winner: Changemaker Social Transformation – Shanti Raghavan Developing a ‘purple economy’ for disability inclusion
Source: The post is based on the article “2020 Winner: Changemaker Social Transformation – Shanti Raghavan Developing a ‘purple economy’ for disability inclusion ” published in “Hindu Businessline” on 26th October 2023 Why in the News? Shanti Raghavan is the recipient of the Business Line Changemakers Award in 2020. She leads an organization called EnAble… Continue reading 2020 Winner: Changemaker Social Transformation – Shanti Raghavan Developing a ‘purple economy’ for disability inclusion
PM flags off RRTS: What is this mass transport system, how it can benefit NCR
Source: The post is based on the article “PM flags off RRTS: What is this mass transport system, how it can benefit NCR” published in “Indian Express” on 20th October 2023 Contents1 What is the News?2 What is the Regional Rapid Transit System (RRTS)?3 How is RRTS different from existing metro or railways systems?4 What… Continue reading PM flags off RRTS: What is this mass transport system, how it can benefit NCR
Why a Supreme Court order on telcos’ licence fee tax has the industry worried
Source: The post is based on the article “Why a Supreme Court order on telcos’ licence fee tax has the industry worried” published in “Indian Express” on 20th October 2023 Contents1 What is the News?2 How do telecom companies currently pay entry fee and variable annual license fee?3 How will this judgment impact telecom companies?4… Continue reading Why a Supreme Court order on telcos’ licence fee tax has the industry worried
Final estimates of production of major crops released for the year 2022-23
Source: The post is based on the article “Final estimates of production of major crops released for the year 2022-23” published in “PIB” on 19th October 2023 What is the News? The Department of Agriculture and Farmers Welfare has released the Final Estimates of production of major crops for the year 2022-23. What is the… Continue reading Final estimates of production of major crops released for the year 2022-23
Second advance estimate for the year 2022-23 released for area and production of horticultural crops
Source: The post is based on the article “Second advance estimate for the year 2022-23 released for area and production of horticultural crops” published in “PIB” on 19th October 2023 What is the News? The Ministry of Agriculture and Farmers Welfare has released the 2nd Advance Estimates of the area and production of various horticultural… Continue reading Second advance estimate for the year 2022-23 released for area and production of horticultural crops
Govt offers 8 blocks for production of hydrocarbons under OLAP bid
Source: The post is based on the article “Govt offers 8 blocks for production of hydrocarbons under OLAP bid” published in “Hindu Businessline” on 18th October 2023 What is the News? The Ministry of Petroleum & Natural Gas (MoPNG) has offered 8 blocks for exploration and production (E&P) of hydrocarbons under the Open Acreage Licensing… Continue reading Govt offers 8 blocks for production of hydrocarbons under OLAP bid
Kerala CM flags-in first ever ship into Vizhinjam port
Source: The post is based on the article “Kerala CM flags-in first ever ship into Vizhinjam port” published in “Indian Express” on 18th October 2023 Contents1 What is the News?2 Why does India need a Transshipment Port?3 What are the benefits of Transshipment Port?4 What is Vizhinjam Port? What is the News? Kerala Chief Minister… Continue reading Kerala CM flags-in first ever ship into Vizhinjam port
Anti-money laundering: Sebi releases fresh set of guidelines
Source: The post is based on the article “Anti-money laundering: Sebi releases fresh set of guidelines” published in “Livemint” on 17th October 2023 What is the News? The Securities Exchange Board of India (SEBI) has released a set of amendments to strengthen anti-money laundering(AML) standards and combat finance terrorism(CFT). These guidelines are based on rules… Continue reading Anti-money laundering: Sebi releases fresh set of guidelines
