FIU and IT Department Join Hands to Check Suspicious Cash Transactions

The Income Tax Department has been allowed to share the PAN Card details of an individual entity with the Financial Intelligence Unit so that the FIU can investigate the possible sources of any large cash transaction. It will help in the detection of such suspicious transactions at banks. This has been allowed by the Central ..

Month: Current Affairs - July, 2020

Category: Economy & Banking Current Affairs

Topics: Central Board of Direct Taxes • CTR • Financial Intelligence Unit • Income Tax Department • PMLA • Suspicious Cash Transactions

Odisha Extends Retirement Age of Medical Officers

The Government of Odisha has decided to extend the retirement age of the medical officers employed under the Odisha Medical and Health Services Cadre and Allopathic Insurance Medical Officers under Labour and Employees’ State Insurance Department. The same has been increased to 65 years from the existing age of 62 years. This comes in the ..

Month: Current Affairs - July, 2020

Category: States Current Affairs

Topics: COVID-19 • Extension in Age • Medical Officers • Odisha • Odisha Government

COVID 19 Reinfection Instances More Likely: Report

As per the study published in the New England Journal of Medicine, recovering from COVID 19 may not offer long-lasting protection against future reinfections from the same disease, especially for those with mild symptoms. Doubts have also been placed on the significance of herd immunity and the durability of COVID 19 vaccines. Details of the ..

Month: Current Affairs - July, 2020

Category: Science & Technology Current Affairs

Topics: COVID-19 • Mild Symptoms • New England Journal of Medicine • Reinfection

$250 Million Loan Extended by AIIB to Pakistan for COVID 19

The Asian Infrastructure Investment Bank (AIIB) has extended the loan of $250 million to Pakistan in order to enable it to deal with the prevailing situation due to the COVID 19 pandemic. This program is going to be co-financed by the World Bank and will contribute to the program of the Pakistan Government to strengthen ..

Month: Current Affairs - July, 2020

Category: International Current Affairs

Topics: AIIB • Asian Infrastructure Investment Bank • COVID 19 pandemic • Pakistan • World Bank

National Dope Testing Laboratory Suspension Extended by WADA

The World Anti-Doping Agency (WADA) has taken the decision to extend the suspension of accreditation of the National Dope Testing Laboratory (NDTL) in New Delhi for a period of another six months. The first six-month ban on the national doping laboratory had been imposed in August 2019, on account of non-compliance with the International Standard ..

Month: Current Affairs - July, 2020

Category: Sports Current Affairs

Topics: ILAC • International Organization for Standardization • ISO • National Dope Testing Laboratory • NDTL • Wada • World anti dopping agency