The Union Finance Minister Nirmala Sitharaman announced a dispute resolution scheme for direct taxes in the recent Union Budget 2020-21. Under the proposed scheme, the taxpayers whose tax demands are locked in any dispute in any of the forums can pay their due taxes by March 31, 2020. By paying it before the deadline, the ..
Dispute resolution: GK, Current Affairs, Questions, Trivia and News
The first-ever International Day for Victims of Acts of Violence based on Religion or Belief is observed on 22nd of August 2019 to honour the victims and survivors of heinous acts who often remain forgotten. This is a great opportunity to raise awareness about religious intolerance, and violence and discrimination against anyone based on their ..
The World Trade Organisation (WTO) has announced setting up of dispute settlement panel to review India’s sugar subsidy as requested by Brazil, Australia and Guatemala. What are the Objections against India? The countries allege that: India has massively increased the level of domestic support under its support regime for sugarcane and sugar. India has almost doubled ..
Australia’s parliament has passed a legislation to imprison executives of social media if their platforms shows real violence such as the New Zealand mosque shootings. Restrictive laws about online communication in the democratic world could lead to unpredictable results like media censorship and decreased investment in Australia. The law has made it a crime for ..
The Union Cabinet approved the Arbitration and Conciliation (Amendment) Bill 2018 to be put before the Parliament in order to amend the 1996 Act. It is a part of the efforts of the Government to encourage institutional arbitration for settlement of disputes and make India a centre of robust Alternative Dispute Resolution (ADR) mechanism. The ..