Source: The post is based on the article “Centre softens angel tax rules” published in “The Hindu” on 27th September 2023. What is the News? The Finance Ministry has notified final rules outlining valuation methods for non-resident and resident investors under the new angel tax mechanism in the Finance Act 2023. What is Angel Tax?… Continue reading Centre softens angel tax rules
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.
IICA-UNICEF conduct workshop on Business Responsibility & Sustainability Reporting (BRSR)
Source: The post is based on the article “IICA-UNICEF conducts workshop on Business Responsibility & Sustainability Reporting (BRSR)” published in “PIB” on 27th September 2023. What is the News? The Indian Institute of Corporate Affairs (IICA) through its School of Business Environment (SoBE), in collaboration with UNICEF, organized a one-day workshop on Business Responsibility &… Continue reading IICA-UNICEF conduct workshop on Business Responsibility & Sustainability Reporting (BRSR)
Government extends support under Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) till 30th June 2024
Source: The post is based on the article “Government extends support under Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) till 30th June 2024” published in “PIB” on 27th September 2023. What is the News? Government of India has extended support under the Scheme for Remission of Duties and Taxes on Exported… Continue reading Government extends support under Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) till 30th June 2024
Aadhaar unreliable in ‘hot, humid’ India: Moody’s
Source: The post is based on the article “Aadhaar unreliable in ‘hot, humid’ India: Moody’s” published in The Hindu on 25th September 2023 What is the News? Global rating major Moody’s Investors Service has released a report titled “Decentralized Finance and Digital Assets”. What are the key findings of the report? Source: The Hindu Moody… Continue reading Aadhaar unreliable in ‘hot, humid’ India: Moody’s
Revolutionizing Indian Agriculture: MoA&FW Unveils Game-Changing Initiatives for Farmers
Source: The post is based on the article “Revolutionizing Indian Agriculture: MoA&FW Unveils Game-Changing Initiatives for Farmers” published in PIB on 19th September 2023 What is the News? The Union Finance Minister and Union Agriculture Minister have launched several initiatives focused on agri-credit and crop insurance. What are the initiatives launched by the government? Kisan… Continue reading Revolutionizing Indian Agriculture: MoA&FW Unveils Game-Changing Initiatives for Farmers
National Workshop on e-NAM 2.0 and Agri Marketing Reforms
Source: The post is based on the article “National Workshop on e-NAM 2.0 and Agri Marketing Reforms” published in PIB on 19th September 2023 What is the News? The Ministry of Agriculture has organized a day-long workshop on “e-NAM 2.0 and agriculture marketing reforms”. What is e-NAM? National Agriculture Market (e-NAM) is a pan-India electronic… Continue reading National Workshop on e-NAM 2.0 and Agri Marketing Reforms
India’s goods trade deficit hits a 10-month high
Source: The post is based on the article “India’s goods trade deficit hits a 10-month high” published in The Hindu on 16th September 2023 What is the News? India’s foreign trade has hit a fresh trough in August with the goods trade deficit hitting a 10-month high. India’s Foreign Trade Challenges in August,2023: Goods exports… Continue reading India’s goods trade deficit hits a 10-month high
Transport Minister mentions tax on diesel vehicles: Why is diesel under pressure?
Source: The post is based on the article “Transport Minister mentions tax on diesel vehicles: Why is diesel under pressure?” published in Indian Express on 12th September 2023 Contents1 What is the News?2 How much percentage of India’s transport vehicles use diesel?3 Why have carmakers started to move away from diesel?4 What is the reason… Continue reading Transport Minister mentions tax on diesel vehicles: Why is diesel under pressure?
IICA and UNICEF jointly organize workshop on Business Responsibility and Sustainability Reporting(BRSR)
Source: The post is based on the article “IICA and UNICEF jointly organize workshop on Business Responsibility and Sustainability Reporting(BRSR)” published in PIB on 12th September 2023 Contents1 What is the News?2 What is the Business Responsibility and Sustainability Reporting (BRSR) framework?3 What are the strengths of BRSR Framework?4 What are the weaknesses of BRSR… Continue reading IICA and UNICEF jointly organize workshop on Business Responsibility and Sustainability Reporting(BRSR)
Rice sowing area surpasses 400 lakh hectares marks
Source: The post is based on the article “Rice sowing area surpasses 400 lakh hectares marks” published in PIB on 12th September 2023 What is the News? The Department of Agriculture and Farmers’ Welfare has released the progress of area coverage under kharif crops. What are the key takeaways from the data on Kharif Crops?… Continue reading Rice sowing area surpasses 400 lakh hectares marks
