News: India has had a very high rate of tax litigation. Therefore, Government has recently announced that the overarching aim of direct tax policy reform is to move towards a simpler regime, without exemptions and low rates. What has been the status of tax litigation in the country? In 2014-15, about Rs 2.1 lakh… Continue reading A less taxing state
Tag: times of india
Regarding the budget: 4 Choices, No Free Lunch
News: The government has followed a capital expenditure strategy in the recent budget, but there are certain questions associated with the government’s strategy. Contents1 What is the dilemma the government is facing?2 How did the budget support growth while consolidating the deficit?3 The debate of income support versus capital expenditure tradeoff4 How does the budget… Continue reading Regarding the budget: 4 Choices, No Free Lunch
ISRO conducts breakthrough demonstration of hack-proof quantum communication
Contents1 What is the News?2 What is Quantum Communication?3 What is Quantum Entanglement?4 What is Quantum Superposition? What is the News? Scientists from Ahmedabad-based Space Applications Centre and Physical Research Laboratory have successfully demonstrated Quantum Entanglement. Must read: [Yojana January Summary] India as a Space Power – Explained, pointwise What is Quantum Communication? Quantum communication… Continue reading ISRO conducts breakthrough demonstration of hack-proof quantum communication
Artificial intelligence technologies have a climate cost
News: Recent budget has described AI as a sunrise technology that has the potential to assist sustainable development at scale and modernise the country. While a large amount of focus is on achieving economic prosperity and global competitiveness with AI, there is hardly any acknowledgement of the environmental cost associated with it. What is… Continue reading Artificial intelligence technologies have a climate cost
Show Me the Money – On Fugitive Economic Offenders
News: Recently, Supreme Court suggested halting criminal proceedings against economic fugitives, who are willing to repay the money they owe to lenders and others they defrauded. This article discusses that government should revisit its current stance on fugitive economic offenders. What is the case? The co-accused in the Sterling Biotech fraud case has claimed that… Continue reading Show Me the Money – On Fugitive Economic Offenders
Budget’s missed healthcare opportunity
News: Given the Covid pandemic it was expected that health would be the focus of the budget. But government’s focus is more on capital expenditure. Must read: Union Budget 2022-23: Highlights, tax proposals, concerns – Explained, pointwise Contents1 Why government focus on health is important?2 Why less allocation is a challenge for the health sector?3… Continue reading Budget’s missed healthcare opportunity
Push for promotion of drones through start-ups
What is the News? In the Union Budget 2022, the Finance Minister has announced several steps for the promotion of Drones. What are the steps announced by the Finance Minister for the promotion of Drones? Firstly, Startups will be promoted to facilitate ‘Drone Shakti’ through varied applications and for Drone-as-a-Service(DrAAS). Note: Drone Shakti is a… Continue reading Push for promotion of drones through start-ups
Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
What is the News? In Budget 2022, the Finance Minister has announced several initiatives for the Health Sector. But the Budget 2022-23 has not allocated much to the health sector as required despite the ongoing pandemic. What are the initiatives announced in the Health Sector in Budget 2022? Health Budget: The health sector saw a muted… Continue reading Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
Great On Growth, Not on Jobs
News: Recently Union Budget 2022-23 has been released. The article discusses the wise choices made in the budget along with challenges still existing to be resolved. What are the excellent strategies seen in the Budget 2022-23? One, the finance minister has avoided populist measure and focused on increasing public investment. Government capital expenditure is expected… Continue reading Great On Growth, Not on Jobs
Good News Before Budget
News: The 2022 budget session of the Parliament commenced today. This article discusses the need of sustaining export growth. Also, it emphasizes that budget 2022 should focus on the agriculture and health sector to ensure efficiency and inclusiveness in government expenditure. Performance of exports One, India’s goods exports are at a record high of $393… Continue reading Good News Before Budget
