Retrospective Tax Law Of 2012: The Government of India took the first step towards doing away with the contentious retrospective tax law of 2012, which was used to raise large tax demands on foreign investors such as Vodafone and Cairn Energy, and blamed for vitiating India’s investment climate. Union Finance and Corporate Affairs Minister introduced […]
Turmoil in Tunisia
Tunisia: After ten years of democracy and multiple leaders struggling to keep up with it, Tunisia faces its biggest turmoil as President Kais Saied suspended Prime Minister Hichem Mechichi and Parliament over a week ago. The President stated that the move was taken amidst the economic trouble the country has been facing for years and […]
Daily Current Affairs for UPSC IAS: 6th August 2021
Today Current Affairs: 6th August 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Swinhoe’s Softshell Turtle
Swinhoe’s Softshell Turtle: In recent years, a lot of efforts have been put by the conservationists to save the world’s most endangered turtle, Swinhoe’s softshell turtle from the brink of extinction. The animal is also known as the Hoan Kiem turtle or Yangtze giant softshell turtle. In Vietnam, these animals have great cultural significance as […]
New Framework For Payment Systems Operators
New Framework For Payment Systems Operators: The Reserve Bank of India (RBI) has issued a framework for payment and settlement related activities by payment system operators. This framework is issued under provisions of Payment and Settlement Systems Act, 2007. The Payment and Settlement Systems Act, 2007 provides for the regulation and supervision of payment systems […]
Fast Track Special Court
Fast Track Special Court: The Union Cabinet has approved the continuation of 1023 Fast Track Special Court (FTSCs) including 389 exclusive POCSO Courts as a Centrally Sponsored Scheme (CSS) from 01.04.2021 to 31.03.2023 with an outlay of Rs. 1572.86 crore (Rs.971.70 crore as Central Share and Rs.601.16 crore as State share). Central Share is to […]
International Solar Alliance :Germany Became The 5th Country To Sign
International Solar Alliance :Germany Became The 5th Country To Sign: Germany became the 5th country to sign International Solar Alliance Framework Agreement after amendments to it entered into force on 8th January 2021, opening its Membership to all Member States of the United Nations. Membership to the ISA was earlier limited to 121 countries, which […]
Airports Economic Regulatory Authority Of India (Amendment) Bill, 2021
Airports Economic Regulatory Authority Of India (Amendment) Bill, 2021: With the passage in Rajya Sabha, Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 got approval of both houses of Parliament. Earlier, on July 29, the Bill was passed in the Lok Sabha. It seeks to amend the Airports Economic Regulatory Authority of India Act, […]
Samagra Shiksha Scheme
Samagra Shiksha Scheme: The Cabinet Committee on Economic Affairs has approved continuation of the revised Samagra Shiksha Scheme for a period of five years i.e., from 2021-22 to 2025-26 with a total financial outlay of Rs.2,94,283.04 crore which includes Central share of Rs.1,85,398.32 crore. The Centre plans to pay students their Right to Education (RTE) […]
UAPA and PSA Data : Jammu and Kashmir
Unlawful Activities (Prevention) Act: Since 2019, the Jammu and Kashmir (J&K) administration has booked over 2,300 people in more than 1,200 cases under the Unlawful Activities (Prevention) Act, and 954 people under the Public Safety Act (PSA). Of these, 46 per cent of those booked under UAPA and about 30 percent of those detained under […]
