News:Recently,the Central Board of Direct Taxes(CBDT) has notified rules for furnishing Country-by-Country Report(CbC) specifying information pertaining to all large multinational enterprises(MNEs). Facts: About Country-by-Country Report: The BEPS Action 13 report provides the multinational enterprises(MNEs) to report annually and for each tax jurisdiction in which they do business the information set out therein.This report is called… Continue reading Country-by-Country Reports
Category: Daily Factly articles
Small Farmers Agribusiness Consortium(SFAC)
News:Recently,the Small Farmers Agribusiness Consortium(SFAC) has signed an MoU with the Agricultural and Processed Food Products Export Development Authority(APEDA) to bring in better synergy in the agricultural activities. Facts: About SFAC: Small Farmers Agribusiness Consortium(SFAC) is an Autonomous Society promoted by the Ministry of Agriculture,Government of India.It was registered under Societies Registration Act,1860 in 1994.… Continue reading Small Farmers Agribusiness Consortium(SFAC)
Navroz Festival
News:The Prime Minister has greeted the nation on the occasion of Navroz Festival which falls on March 21. Facts: About Navroz: Navroz is a Persian New Year festival celebrated by Parsis, followers of Zoroastrianism and various other communities. In India,the Navroz festival is celebrated twice a year.The first according to the Iranian calendar and the… Continue reading Navroz Festival
SC rules in favour of permanent commission for women officers in Navy
News:The Supreme Court (SC) has ruled in favour of permanent commission to female officers in the Indian Navy. Facts: SC Judgement: Ruled that women naval officers cannot be denied the right to equal opportunity and dignity entitled to under the Constitution on specious grounds such as physiology, motherhood and physical attributes. Directed the Centre to… Continue reading SC rules in favour of permanent commission for women officers in Navy
Lok Sabha passes Aircraft (Amendment) bill, 2020
News: Lok Sabha has passed the Aircraft (Amendment) Bill, 2020 Facts: About Aircraft (Amendment) Bill, 2020 It seeks to amend the Aircraft Act, 1934 which regulates the manufacture, possession, use, operation, sale, import and export of civil aircrafts, and licensing of aerodromes. Key Features: It provides statutory status to 3 bodies under ministry of civil… Continue reading Lok Sabha passes Aircraft (Amendment) bill, 2020
National Commission for Homoeopathy Medicine Bill 2019
News: Rajya Sabha has passed National Commission for Homoeopathy Medicine Bill 2019 Facts: About National Commission for Homoeopathy Medicine Bill 2019 It seeks to repeal the Homoeopathy Central Council Act, 1973 Objectives: To ensure availability of adequate and high quality homoeopathic medical professionals, To ensure adoption of the latest medical research by homoeopathic medical professionals, … Continue reading National Commission for Homoeopathy Medicine Bill 2019
National Commission for Indian System of Medicine Bill 2019
News: Rajya Sabha has passed the National Commission for Indian System of Medicine Bill 2019 Facts: About National Commission for Indian System of Medicine Bill 2019 It seeks to repeal the Indian Medicine Central Council Act, 1970 Objectives: To ensure availability of adequate and high quality medical professionals of Indian System of Medicine, To ensure… Continue reading National Commission for Indian System of Medicine Bill 2019
Indo-U.S. Science & Technology Forum(IUSSTF)
News:Indo-U.S. Science & Technology Forum(IUSSTF) has created long-term Science and Technology(S&T) linkages between India & US. Facts: About IUSSTF: The Indo-U.S Science and Technology Forum(IUSSTF) was established under an agreement between the Governments of India and the United States of America in March 2000. It is an autonomous bilateral organization jointly funded by both the… Continue reading Indo-U.S. Science & Technology Forum(IUSSTF)
India-Israel sign agreement for Negev Light Machine Guns(LMG)
News:India has signed an agreement with Israel for procurement of Negev light machine guns(LMG). Facts: About Negev Light Machine Guns(LMG): Negev is a light machine gun(LMG) with powerful target acquisition.It was adopted by the Israeli Defence Forces in 1997. It has semi-automatic mode to provide accurate, controlled fire in close quarter battle. Other Defence Deals… Continue reading India-Israel sign agreement for Negev Light Machine Guns(LMG)
Windrush scandal
News:The UK Government has apologised for the Windrush Scandal which involved Windrush generation being wrongly detained or deported for being illegal immigrants. Facts: About Windrush Generation: The Windrush generation refers to the immigrants who came to the UK between 1948 and 1971 from Caribbean countries. The immigrants came at the invitation of the British government… Continue reading Windrush scandal
