Minimum Alternate Tax: The Income Tax Appellate Tribunal (ITAT) recently observed that the assessee was entitled to claim credit for Minimum Alternate Tax (MAT) under the Vivad se Vishwas (VSV) Scheme. Minimum Alternate Tax (MAT) is a provision in the Income Tax Act of India. It primarily applies to companies and is designed to ensure […]
INS Tushil
INS Tushil: INS Tushil is the first Krivak-III frigate to be acquired under Project 11356M. India in October, 2016 signed an Inter-Governmental Agreement (IGA) with Russia to purchase/construct four additional Admiral Grigorovich-class (Project 11356M) frigates through a partnership between Russian and Indian shipyards. Russia will supply two of the frigates (INS Tushil and INS Tamala), […]
Citizenship (Amendment) Act, 2019
Citizenship (Amendment) Act, 2019: Ministry of Home Affairs (MHA) recently notified the Citizenship Amendment Rules, 2024. Citizenship (Amendment) Act, 2019: The Citizenship Amendment Act (CAA) amends the Citizenship Act of 1955 to provide a path to Indian citizenship for Hindus, Sikhs, Christians, Buddhists, Jains, and Parsis who migrated from neighbouring Muslim-majority countries such as Pakistan, […]
Banking Current Affairs : 13th Mar 2024
Today’s Current Affairs: 13th Mar 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc VMC, Civic body of Gujarat, issues Asia’s 1st Certified Green Municipal BondIndia’s Gujarat state civic body issues : Asia’s first certified green municipal bondVadodara Municipal Corporation (VMC), a civic body of Gujarat, has raised Rs 100 crore […]
Banking Current Affairs : 12th Mar 2024
Today’s Current Affairs: 12th Mar 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc Neengal Nalama Scheme: The Tamil Nadu government has launched the ‘Neengal Nalama’ (Are you fine?) scheme, a beneficiary outreach program aimed at reviewing the implementation of flagship schemes and addressing the grievances of the public All-Women Maritime […]
Daily Current Affairs for UPSC IAS: 12th Mar 2024
Today’s Current Affairs: 12th Mar 2024 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
ChipIN Centre
ChipIN Centre: The ChipIN Centre, a hub for chip designers in India, received a boost from leading semiconductor industry players, aiming to empower the semiconductor design community in the country. The centre offers state-of-the-art Electronic Design Automation (EDA) tools to students at various academic levels. These initiatives aim to realize India’s vision of becoming a […]
Measles And Rubella Champion Award
Measles And Rubella Champion Award: India has been honoured with the prestigious Measles and Rubella Champion Award by The Measles and Rubella Partnership at the American Red Cross Headquarters in Washington D.C., USA. The partnership, comprising various organizations dedicated to reducing global measles deaths and preventing rubella illness, applauds India’s commitment to public health and […]
Mahatari Vandana Yojana
Mahatari Vandana Yojana: The Prime Minister recently launched the Mahatari Vandana Yojana in Chhattisgarh. The scheme aims to ensure the economic empowerment of women, provide them with financial security, promote gender equality, and strengthen their decisive role within families. All married women above the age of 21 as of 1st January 2024, including widows, divorced, […]
Second Thomas Shoal : Submerged Reef
Second Thomas Shoal: Submerged Reef A recent incident in the Second Thomas Shoal area, renewed global interest in the flashpoint between the Philippines and China. Second Thomas Shoal is a submerged reef located in the Spratly Islands in South China Sea. It is low-tide elevation located within the exclusive economic zone of the Philippines. The […]
