Current Affairs

GK MCQs Section

Taxation

Sin Tax in India

Sin tax is a levy on products or activities deemed harmful to society. This includes items like tobacco,...

📅 December 26, 2024

Insurance Amendment Bill

A parliamentary committee has endorsed reforms in the insurance sector, aiming to enhance the industry’s efficiency and competitiveness....

📅 December 7, 2024

PAN 2.0 Project Approved by Union Cabinet

The Union Cabinet has recently approved an upgrade to the Permanent Account Number (PAN) system. This upgrade introduces...

📅 November 26, 2024

Tamil Nadu’s SGST Collections Surge in 2024

Tamil Nadu has reported important growth in its State Goods and Services Tax (SGST) collections for the fiscal...

📅 November 25, 2024

Andhra Pradesh Government Abolishes Garbage Tax

The Andhra Pradesh government has recently ceased the collection of garbage tax. This decision follows the introduction of...

📅 November 23, 2024

Supreme Court Rules on Telecom Tax Credits

The Supreme Court of India recently made a landmark ruling, which allows telecom companies to claim tax credits...

📅 November 22, 2024

Income Tax Campaign for Foreign Assets Awareness

The Income Tax Department has initiated a new campaign that targets taxpayers with high-value foreign income or assets,...

📅 November 20, 2024

Parliament passes Taxation and Other Laws (Relaxation and Amendment of Certain provisions) bill

On September 23, 2020, Parliament passed the Taxation and other laws (Relaxation and Amendment of certain provisions) bill,...

📅 September 23, 2020

Aadhaar authentication for new GST registration activated

Aadhaar authentication has been activated by the Government for the registration of new goods and services tax, which...

📅 August 24, 2020

UK to charge 2% tax on digital services

United Kingdom recently announced that it would start charging a 2% tax on digital services from 1st April...

📅 March 18, 2020

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