TDS On Virtual Digital Assets: The Government of India clarified that the TDS on virtual digital assets (VDA) continues to be 1%. The clarification from the Income Tax comes at a time when some media reports mentioned that the TDS rate for virtual digital assets has been dropped to 0.1% from 1% as announced earlier […]
Tag: 15th Jun 2022
Schedule Of Election For The 16th Presidential Election
Schedule Of Election For The 16th Presidential Election: Election Commission of India has announced the schedule of election for the 16th Presidential Election. The term of office of Shri Ram Nath Kovind, President of India, is ending on 24th July, 2022. As per Article 62 of the Constitution of India, an election to fill the […]
Guidelines For Prevention Of Misleading Advertisements And Endorsements For Misleading Advertisements, 2022
Guidelines For Prevention Of Misleading Advertisements And Endorsements For Misleading Advertisements, 2022: The Central Consumer Protection authority (CCPA) under the Department of Consumer Affairs has notified ‘Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022’. The guidelines seek to ensure that consumers are not being fooled with unsubstantiated claims, exaggerated promises, misinformation […]
Network Planning Group (NPG)
Network Planning Group (NPG): The Network Planning Group (NPG) held its 20th meeting on June 2022 at Udyog Bhawan, New Delhi. It was chaired by the Special Secretary, Logistics Division, Department for Promotion of Industry and Internal Trade (DPIIT) and saw active participation from member ministries/departments including MoRTH, MoCA, MoR, MoPSW, MoP, DoT and Niti […]
SIPRI Yearbook 2022
SIPRI Yearbook 2022: The Stockholm International Peace Research Institute (SIPRI) launched the findings of SIPRI Yearbook 2022, which assesses the current state of armaments, disarmament and international security. The nine nuclear-armed states—the United States, Russia, the United Kingdom, France, China, India, Pakistan, Israel and the Democratic People’s Republic of Korea (North Korea)—continue to modernize their […]
National e-Governance Service Delivery Assessment 2021
National e-Governance Service Delivery Assessment 2021: Ministry of Personnel, Public Grievances and Pensions releases the second edition of the National e-Governance Service Delivery Assessment 2021, NeSDA 2021. J&K tops among UTs in e-Governance services delivery, saves around Rs 200 crore annually that was incurred in carriage of physical files during the Annual Durbar move between […]
Maya Technique Of Maize Fortification
Maya Technique Of Maize Fortification: A study has thrown light on how Maya people fortified their maize with the chemical process known as ‘nixtamalisation’ and also built indoor toilets in pits they dug into the limestone bedrock of the Yucatan peninsula in Mesoamerica. The Maya are an indigenous people of Mexico and Central America who […]
38th India-Indonesia Coordinated Patrol
38th India-Indonesia Coordinated Patrol: The 38th India-Indonesia Coordinated Patrol (IND-INDO CORPAT) is being conducted in the Andaman Sea and Straits of Malacca. The two Navies have been carrying out CORPAT along their International Maritime Boundary Line (IMBL) since 2002. It highlights the mutual trust, synergy and cooperation between the two friendly Navies. India and Indonesia […]
Regulations Review Authority
Regulations Review Authority: The Regulations Review Authority of the Reserve Bank of India (RBI) has recommended withdrawal of 714 regulatory instructions which have either become obsolete or redundant. This is part of the RRA 2.0 recommendations on issues such as, Ease of compliance, Reduction of regulatory burden Rationalization of reporting mechanism, Streamlining instructions and communication. […]
Web 5.0
Web 5.0: Former Twitter CEO Jack Dorsey recently announced his vision for a new decentralized web platform that is being called Web 5.0. The aim is to return “ownership of data and identity to individuals”. Web 1.0 is the “read-only Web,” Web 2.0 is the “participative social Web,” and Web 3.0 is the “read, write, […]