Enter your keyword

Blog

UNION BUDGET 2019- HIGHLIGHTS

UNION BUDGET 2019- HIGHLIGHTS

UNION BUDGET 2019- HIGHLIGHTS Tax 1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of GST to states by Central Govt. 4. Custom duty has abolished from 36 Capital Goods 5. Recommendations to GST council for reducing GST rates for home buyers […]

US & China Trade War

US & China Trade War

The consistent undermining of multilateralism by the U.S. must be countered This week has seen rounds of tit-for-tat tariffs between the U.S. and China, set off by U.S. President Donald Trump levying import duties of 25% and 10% on American steel and aluminium imports, respectively, in early March. Mr. Trump, who has repeatedly used the U.S. […]

SOLAR MISSION 2022

SOLAR MISSION 2022

SOLAR MISSION 2022 Bengaluru’s aerial mission to produce a three dimensional map of rooftop solar power potential using Light Detection and Ranging (LIDAR) data can give this key source of power a big boost. Similar mapping exercises have been carried out in several countries over the past few years to assess how much of a […]

BUDGET 2018- Highlights

BUDGET 2018- Highlights

BUDGET 2018- Highlights: 1. Increase the custom duty on mobiles from 15% to 20% and on some other mobile parts to 15%, and some parts of TVs to 15%. 2. Increase the health and education cess to 4% 3. Tax long-term capital gains exceeding Rs 1 lakh in listed stock at 10%. 4. Rs 50,000 […]

India- 5th Largest Economy

India- 5th Largest Economy

 India is set to emerge as the world’s fifth largest economy by overtaking Britain and France, a report by a global forecaster showed on Tuesday.And, India will emerge as the world’s third largest economy by 2027, the report by the Centre for Economics and Business Research (Cebr) said. “The World Economic League Table shows that despite temporary setbacks from […]

BITCOINS: All about Digital Currency

BITCOINS: All about Digital Currency

How do people use bitcoins? It is an electronic or digital currency that works on a peer-to-peer basis. This means that it is decentralised and has no central authority controlling it. Like currency notes, it can be sent from one person to another, but without a central bank or the government attempting to track it. […]

Solar & Hydro Projects -India

Solar & Hydro Projects -India

The Cabinet has approved the doubling of solar park capacity to 40,000 MW, which will entail an additional 50 solar parks to be set up at a cost to the government of ₹8,100 crore, Minister of New and Renewable Energy Piyush Goyal said on Wednesday.Mr. Goyal added that while most of the additional 50 solar […]

BUDGET 2017

BUDGET 2017

  Budget 2017 – Current Affairs Magic Finance minister Arun Jaitley presented the Union Budget 2017-18 in the Lok Sabha today. Here are the highlights of the Union Budget: 1. India stands out as a bright spot amid world economic gloom . 2. Our focus will be on energising youth to reap benefits of growth and […]

Watal committee – Digital Payments

Watal committee – Digital Payments

The government’s cashless payment push needs to be urgently backed with legislative steps to protect customers and their data, allow open access payment systems and let the payments regulatory board function independently of the Reserve Bank of India’s central banking functions, the committee on digital payments led by former Finance Secretary Ratan Watal said. Stating […]