Capital Gains: In an almost 10-fold increase in tax collections from stock markets, the government is expecting to collect Rs 60,000-80,000 crore this financial year as a tax on capital gains in the stock markets as against Rs 6,000-8,000 crore in the previous fiscal. Under the Income Tax Act, gains from the sale of […]
Month: February 2022
Community Innovator Fellowship (CIF)
Community Innovator Fellowship (CIF): Atal Innovation Mission (AIM), NITI Aayog in collaboration with UNDP, India launched the Community Innovator Fellowship (CIF) marking the “International Day of Women & Girls in Science”. This is going to be a one-year-long intensive fellowship program which has been designed for an aspiring community innovator irrespective of their socio-economic […]
Uniform Civil Code In News
Uniform Civil Code: Amid the row over wearing hijab in schools and colleges, Union Minister and BJP leader Giriraj Singh has said the Uniform Civil Code is the “need of the hour” and it should be discussed both in Parliament and in society. The Hijab row started in December end when a few students […]
Mekedatu Issue: Updates
Mekedatu Issue: Tamil Nadu has rejected the idea for an exclusive discussion by the Cauvery Water Management Authority (CWMA) on the Mekedatu Balancing Reservoir-cum-Drinking Water Project proposed by Karnataka. Tamil Nadu reiterated its position that there should be no discussion on the subject, which was sub judice. Tamil Nadu has protested against Karnataka’s move […]
Committee on Chardham Project
Char Dham: Veteran environmentalist Ravi Chopra has resigned as chairman of the Supreme Court’s High Powered Committee (HPC) on the Char Dham project, saying that his “belief that the HPC could protect this fragile (Himalayan) ecology has been shattered”. In his resignation letter to the secretary general of the Supreme Court on January 27, […]
Russia Exclusion From SWIFT?
Society For Worldwide Interbank Financial Telecommunication (SWIFT): As tensions exacerbate between Washington and Moscow over Ukraine, political commentators say that the United States could, as a last resort, exclude Russia from the Society for Worldwide Interbank Financial Telecommunication (SWIFT). If a country is excluded from the most participatory financial facilitating platform, its foreign funding […]
Justice Munishwar Nath Bhandari: Madras High Court
Collegium System For The Appointment Of Judges: The Supreme Court Collegium has recommended appointing Justice Munishwar Nath Bhandari as Chief Justice of Madras High Court. It is the system of appointment and transfer of judges that has evolved through judgments of the Supreme Court (SC), and not by an Act of Parliament or by […]
National Single Window System
National Single Window System: Jammu & Kashmir became the first Union Territory to be onboard the National Single Window System (NSWS). This marks a major leap in Ease of Doing Business (EoDB) in the Union Territory. NSWS is linked with India Industrial Land Bank (IILB) which hosts 45 industrial parks of J&K. This will […]
PM-POSHAN Scheme
PM-POSHAN Scheme: The central government requested state governments/union territory administrations to explore the possibility of introducing millets under the PM POSHAN Scheme preferably in the districts where eating millets is a culturally accepted food habit. NITI Aayog has also been advocating the need to introduce millets in the mid-day meal programme (now PM POSHAN […]
Daily Current Affairs for UPSC IAS: 12th February 2022
Today Current Affairs: 12th February 2022 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
