Sovereign Right To Taxation: While scrapping the retrospective levy is believed to provide clarity to investors by removing a major source of ambiguity on taxation laws, the Government of India has stressed the need to establish its “sovereign right to taxation”. In India, the Constitution gives the government the right to levy taxes on individuals […]
Poly Network
Poly Network: Hackers pulled off the biggest ever cryptocurrency heist, stealing $613 million in digital coins from token-swapping platform Poly Network, only to return $260 million worth of tokens less than 24 hours later Poly Network is a decentralized finance (DeFi) platform that facilitates peer-to-peer transactions with a focus on allowing users to transfer or […]
Daily Current Affairs for UPSC IAS: 13th August 2021
Today Current Affairs: 13th August 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Consumer Dispute Redressal Panels
Consumer Dispute Redressal Panels: The Supreme Court has given the Centre and the States eight weeks to fill the vacancies in the consumer disputes redressal commissions. The Court has also asked the Centre to conduct a comprehensive “legislative impact study” on the Consumer Protection Act, 2019. The laws have been made for the benefit of […]
Termination Of A Session Of Parliament
Termination Of A Session Of Parliament: The Lok Sabha was adjourned Sine Die two days ahead of its scheduled date of August 13, as the Opposition protested over the Pegasus snooping controversy, farm laws and other issues. Important Parliament Terminology: Zero Hour — time allotted to individuals members to raise important issues — was most […]
FEMBoSA
FEMBoSA: Chief Election Commissioner of India and current Chairman, FEMBoSA Shri Sushil Chandra inaugurated the 11th Annual meeting of the Forum of the Election Management Bodies of SouthAsia (FEMBoSA) for the year 2021. The meeting in Virtual mode was hosted by the Election Commission of Bhutan. Sushil Chandra, CEC, as the outgoing Chair of FEMBoSA, […]
National Commission For Indian System Of Medicine (Amendment) Bill, 2021
National Commission For Indian System Of Medicine (Amendment) Bill, 2021: Parliament has passed the National Commission for Indian System of Medicine (Amendment) Bill, 2021, with the Rajya Sabah approving it. The Lok Sabha had passed it earlier. The National Commission for Indian System of Medicine (Amendment) Bill, 2021 proposes to amend the National Commission for […]
GSLV-F10/EOS-03
GSLV-F10/EOS-03: The Indian Space Research Organisation’s second mission of the year — to place an earth observation satellite by a GSLV rocket — faced a setback as it could not be accomplished fully due to performance anomaly in the cryogenic stage of the rocket. The GSLV-F10/EOS-03 rocket successfully lifted off from the second launch pad […]
Rana Punja Bhil
Rana Punja Bhil: A dispute has erupted in Rajasthan over the hoisting of a flag on the statue of Rana Punja Bhil, a historical figure considered as a hero by the tribal Bhil community. After the Amagarh fort dispute, this is the second issue in Rajasthan within a month. About Rana Punja Bhil: He was […]
Kaziranga National Park
Kaziranga Has Become The First In The Country To Use Satellite Phones: Kaziranga has become the first in the country to use satellite phones, which are generally used by the law-enforcing agencies. The satellite phones will give an edge to the forest personnel over the poachers and also during emergencies like floods. The public is […]
