Current Affairs

GK MCQs Section

International taxation

Govt scraps Import Duty on open cell LED TV panel

The Ministry of Finance has withdrawn the import duties on open cell LED panels used in the production...

📅 September 19, 2019

Steel Import Monitoring System Launched

The Ministry of Commerce and Industries has launched a steel import monitoring system (SIMS) to provide advance information about steel...

📅 September 17, 2019

India notifies a tax data pact with Marshall Islands

India has notified a Tax Information Exchange Agreement (TIEA) with the Marshall Islands, which enables a bilateral sharing...

📅 June 7, 2019

Income Tax department alters method to tax MNCs and Digital Firms in India

The income tax department has changed the method to tax multinational companies and digital firms with permanent establishment...

📅 April 22, 2019

China: Trade talk with US improving

China and US have been on trade are for the last one year. This affected many countries globally...

📅 April 12, 2019

Usha Thorat head of RBI task force on offshore rupee markets

The Reserve Bank of India (RBI) has recently constituted an 8-member task force headed by its former deputy...

📅 March 4, 2019

France introduces GAFA Tax on Global Internet, Technology Firm

France has recently introduced a new “GAFA tax” – named after the large internet and technology companies viz....

📅 January 3, 2019

India and China sign protocol to Double Taxation Avoidance Agreement to prevent tax evasion

India and China have signed protocol to amend Double Taxation Avoidance Agreement (DTAA) for the avoidance of double...

📅 November 27, 2018

Border Haats

Border haats are specially designed marketplaces along the international borders. Currently, four border haats are operational along the...

📅 May 21, 2018

Agricultural income (Taxation Provisions)

Section 2 (1A) of the Income Tax Act defines agricultural income as rent/revenue from land, income derived from...

📅 April 13, 2018

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