Current Affairs

GK MCQs Section

Topic: Taxation in India

K M Prasad appointed as new Principal Chief Commissioner of Income-tax (PCCIT) of National e-assessment centre

The National e-Assessment Centre (NeAC) has been set up by the  Central Board of Direct Taxes (CBDT) in the national capital as part of the government’s ambitious plan...

September 24, 2019

Recommendations of Task Force on Simplification of Direct Tax

The task force on simplification of direct tax legislation headed by Central Board of Direct Taxation (CBDT) member Akhilesh Ranjan has recommended major changes in personal income tax...

August 31, 2019

Government of India notifies Sabka Vishwas – Legacy Dispute Resolution Scheme 2019

The Government of India (GoI) has recently notified the Sabka Vishwas – Legacy Dispute Resolution Scheme 2019 to reduce legacy service tax and central excise cases in the...

August 24, 2019

Rajiv Gauba appointed as new Cabinet Secretary

Rajiv Gauba, a 1982 batch IAS officer of Jharkhand cadre, has been appointed as the new Cabinet Secretary for two years. His tenure will be effective from August...

August 22, 2019

Akhilesh Ranjan task force on Direct Tax Code submits Report to Finance Ministry

The task force, headed by CBDT member Akhilesh Ranjan, constituted by the Union government for drafting the new Direct Tax Code (DTC) has recently submitted its report to...

August 20, 2019

GST Council to reduce GST Rate on Electrical Vehicles from 12% to 5%

In a bid to promote electric mobility, the GST Council has decided to reduce GST Rate on Electrical Vehicles from 12% to 5% and on charger or charging...

July 27, 2019

159th Income Tax Day (ITD-2019)

The Central Board of Direct Taxes (CBDT) has celebrated the 159th Income Tax Day i.e. Aaykar Diwas on 24th July 2019. The week preceding the Aaykar Diwas 2019...

July 24, 2019

Shefali Juneja appointed as India’s representative in council of International Civil Aviation Organisation

Shefali Juneja, a 1992 batch officer of Indian Revenue Service (Income Tax cadre), has been appointed to the post of Representative of India in the council of International...

June 20, 2019

Union Ministry of Finance launches Project Sparrow for online writing of Annual Performance Appraisal Report

The Union Ministry of Finance has launched Project Sparrow for online writing of Annual Performance Appraisal Report (APAR) in SPARROW (Smart Performance Appraisal Report Recording Online Window) for...

May 20, 2019

IGNOU launches an awareness programme on GST in collaboration with BSE

The Indira Gandhi National Open University (IGNOU) has launched an awareness programme on Goods and Services Tax (GST) in collaboration with Bombay Stock Exchange (BSE) Institute Limited to...

April 30, 2019

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