Category: Factly: IR

What is the News? India and US have agreed on a “transitional approach” to digital service tax imposed by the Indian Government. Background In 2016, India had introduced a 6% equalisation levy for digital advertising services. Later, in April 2020, it widened the scope to impose a 2% tax on non-resident e-commerce players. However, the… Continue reading Digital tax for US companies to stay until OECD pact comes into force

What is the News? According to reports, China has constructed a second village along the disputed border in Arunachal Pradesh. However, the Indian Army has said that the location of this enclave was north of the Line of Actual Control(LAC) in Chinese-held territory. Moreover, this strategy of construction of villages shows China’s salami-slicing tactics to… Continue reading Second Chinese village along Arunachal border: Satellite images

What is the news? Recently, on the 8th Istanbul summit, the Council of Turkic States has been elevated to “Organisation of Turkic States”. About the formation of the Organisation of Turkic States In 1992, the then Turkish President convened the first Turkish summit with some central Asian states. In 2009, the annual summit with the… Continue reading What the rise of pan-Turkism means for India

What is the News? Indian Naval Ship (INS) Karmuk, an indigenously built Missile Corvette, is participating in the 3rd edition of Exercise SITMEX. About Exercise SITMEX Exercise SITMEX is a trilateral annual maritime exercise between India, Singapore and Thailand. Aim: To enhance mutual interoperability and imbibing best practices between the Indian, Singapore and Thailand Navy.… Continue reading INDIAN NAVY PARTICIPATES IN INDIA, SINGAPORE AND THAILAND TRILATERAL MARITIME EXERCISE ‘SITMEX’