Current Affairs

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Page-67 of Economy & Banking Current Affairs

PACS to function as CSC

The Government of India is to increase the number of PACS (Primary Agricultural Credit Societies) to two lakhs in the next five years. Also, GoI will create multi-purpose...

February 3, 2023

Doctrine of Necessity Principle

The post of Chairman of the Competition Commission of India has been vacant since the retirement of Mr.Ashok Kumar Gupta in October 2022. Also, currently, there are only...

February 3, 2023

What is Angel Tax?

The Section 56 (2) (vii b) in the Income Tax Act is referred to as Angel tax. These taxes are imposed on startups. Say a startup SSS sells...

February 3, 2023

Reserve Bank of India-Digital Payments Index

The RBI constructed the Digital Payments Index to learn about digital payments in the country. The index is calculated based on five parameters namely Payment Enablers, Consumer centricity,...

February 3, 2023

PAN to be used as common identifier

PAN is a Permanent Account Number issued by the Income Tax Department of India. It is a ten-digit alphanumeric number. During the Union Budget 2023, Finance Minister Smt...

February 2, 2023

Income Tax Slab Revamp

During the Union Budget presentation, Finance Minister Smt Nirmala Sitaraman announced that people earning up to Rs 7 lakhs need not pay taxes. Tax surcharges of the taxpayers...

February 2, 2023

Advisory to air ‘National Interest Content’

The Government of India recently issued advisory guidelines to the private satellite TV channels in the country. According to the guidelines, private TV channels shall broadcast programs of...

February 2, 2023

Amendments in enhance business at GIFT City

The GIFT city, Gujarat International Finance Tech City is under construction. It is the first greenfield smart city in India. Today, the city is one of the major...

February 2, 2023

Pradhan Mantri Kaushal Vikas Yojana 4.0

The Pradhan Mantri Kaushal Vikas Yojana runs under Skill Development Ministry and is implemented by the National Skill Development Corporation. The main objective of the program is to...

February 1, 2023

PM PVTG Development Mission

Article 336 of the constitution allows GoI to make special arrangements for certain communities. Using this provision, the Government created the category of ST. However, some of the...

February 1, 2023

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