Current Affairs - October - 2018

How trade, investment and infrastructure relations between India and Japan are mutually beneficial to each other?

October 31, 2018

The trade, investment and infrastructure relations form the foundation of the strategic relationship. Trade Primary exports of India to Japan have been petroleum products, chemicals, elements, compounds, non-metallic mineral ware, fish & fish preparations, metalliferous ores and scrap, clothing and accessories, iron and steel products, textile yarn, fabrics and machinery. The exports of Japan to

Tax reforms Needed to Increase Tax Mobilization

October 31, 2018

Under-reporting and tax evasion are one of the major hurdles in resource mobilisation. This needs to be addressed by plugging the loopholes in the tax laws. Tax reforms Individual tax mobilisation The law does not require filing of returns if the income is below the taxable threshold of Rs 2.5 lakh. Professionals who can manipulate their

Reference News

How under-reporting (of income) is a major concern for mobilization of resources despite growing tax collection?

October 31, 2018

The Central Board of Direct Taxes has released the latest data on income tax collections. Key findings from the CBDT report The number of tax returns filed has increased to 6.85 crore in FY 2017-18. This is an 80% growth since FY 2013-14. The number of taxpayers reporting income greater than Rs1 crore has reached

Reference News

Why it is said that a great game is unfolding in Middle East in recent years in the backdrop of Turkey-Saudi Rivalry?

October 31, 2018

The assassination of journalist Jamal Khashoggi in the Saudi consulate in Turkey and its exposure by Turkey has brought into limelight the Turkish-Saudi rivalry that was largely hidden from public view. Great game of Middle East Turkey had an uneasy relationship with Riyadh for several years. Turkey fears that Saudis intend to dominate the Arab world

Reference News

Why most Indian cities are failing to tackle Air Pollution?

October 30, 2018

The Indian cities which are the nucleus of economic development are choking due to the worsening air quality. This deteriorating quality of air has led to Supreme Court to refer Delhi as Gas Chamber. But the menace of air pollution is not just limited to Delhi. Almost all the urban centres are facing this daunting

Reference News