Gktoday 2015 pdf tax

Mar 10, 2016 in the foreign trade policy 2015 20, the government says promises to reduce transaction costs of the status holders. It functions under the department of revenue of the ministry of finance. Jun 29, 2017 the call for the contribution to the tax fund was also made at the addis ababa action agenda, which was adopted at the third international conference on financing for development in 2015. The original formulation, in 2015, mentioned two possible forms of the jam trinity. First thing is that the government can feel relieved. Pdf hpas has fully solved prelim paper 20102018 shunya. The gadgil formula is named after dhananjay ramchandra gadgil, a social scientist and the. We will bring out more analysis in the next few days to make your road smoother. Mar 26, 2020 graph and download economic data for federal government. Sep 02, 2015 union government has accepted justice ap shah committee report on the minimum alternative tax mat on foreign institutional investors fiis. Initially the indirect tax regime was too complicated and there was an ubiquitous problem of tax on tax.

This section is a repository of more than six thousand multiple choice questions. We, the heads of state and government and high representatives, gathered in addis ababa from. Hello friends, we have compiled the gk today monthly current affairs in pdf from jan 2016 till month, you can download gk today current affairs in one click from the link given below. Gktoday general knowledge today gk, general studies. We covered all important news in current affairs 2015 made it pdf capsule, current affairs 2015 2014 for competitive exam. Central water commission, ministry of jal shakti, department of. The government has increased the taxfree gratuity income limit to rs 20 lakh. A global framework for financing development post 2015 1.

In 2003, the kelkar task force on indirect tax had suggested a comprehensive goods and services tax gst subsuming central, state taxes, and interstate taxation based on vat principle. The bill seeks to deal with the menace of black money and to replace the income tax it act, 1961 for the taxation of foreign income. Time to mock tests upsc online ias preparation pdf. Make in india to integrate the ftp with make in india, the government has reduced export obligation for capital goods purchased from indian suppliers under the epcg export promotion of capital goods scheme. Apr 27, 2020 the 14th finance commission of india is constituted under the chairmanship of the former rbi governor mr.

Central board of direct taxes current affairs today gktoday. The paris agreement entered into force on november 4, 2016, and has been signed by 197 countries and ratified by 187. Defined as the highest total tax and contribution rate among the 15% of economies with the lowest total tax and contribution rate in the doing business sample for all years included in the analysis up to and including doing business 2015. This input tax credit should first be utilized for payment of igst and balance is to be used first for payment of cgst and remaining for sgst. Income tax exemption limit on gratuity doubled to rs 20 lakh. Income tax department of government of india is a leader in good governance. Each of the following pdf ebooks comprise compilations of gktoday s current affairs and mcqs, fact based, suitable for ssc, banking, clat, railways, state pcs exams. Reddy for the period of april 1, 2015, to march 31, 2020. June, 2018 onward, we release one document every fortnight. Goods and service tax a detailed explanation with examples. Lok sabha on 11 may 2015 passed undisclosed foreign income and assets imposition of tax bill, 2015 by a voice vote. Pradhan mantri jeevan jyoti bima yojana pmjjby pradhan mantri suraksha bima yojana pmsby and atal pension yojana. How to get gktoday monthly current affairs pdfs without. In other words, even if information furnished under this scheme is collaterally used by the income tax department tor any purpose.

Angel tax is a 30% tax that is levied on the funding received by startups from an external investor. Gktoday s general knowledge quiz section comprises of questions on gk, general awareness in subjects such as indian history, polity, economy, geography, environment etc. Gst eliminates the cascading effect of taxes because it is taxed at every point of business and the input credit is available in the value chain. Note on gadgil formula for distribution of central assistance for state plans pdf. Prelims 2015 test series prelims 2016 test series prelims 2017 test series prelims 2018 test. Gfr 2017 general financial rules 2017 download print. Total tax revenue formed 11% f the total gdp during 200717. In the foreign trade policy 201520, the government says promises to reduce transaction costs of the status holders. This is so far the biggest tax reform in the country. First indirect tax reform occurred in india when the modified value added tax modvat was introduced for selected commodities in 1986 to replace the central excise duty. By accepting the recommendations, government will not impose levy on fiis prior to 1st april 2015 i. Cabinet approves proposal for amendment to the micro, small and medium enterprises development act, 2006 to change the criteria of classification and to withdraw the msmed amendment bill, 2015 pending in lok sabha the union cabinet chaired by the prime minister shri narendra modi has approved change in the basis of classifying micro, small. Gk today current affairs for tons of free books for competitive. You can read, post questions related to current affairs and static gk.

Gk today 2016 complete materials new pdf free upsc materials. However, this 30% tax is levied when startups receive angel funding at a valuation higher than its fair market value. The president approves the reissues of the land ordinance bill for the third time. The income tax department also referred to as it department or itd is a government agency undertaking direct tax collection of the government of india. Paris agreement, international treaty, named for the city of paris, in which it was adopted in december 2015, which aimed to reduce the emission of gases that contribute to global warming. India is experiencing worlds 5th deadliest heat wave for this year. May 12, 2015 hence, tax buoyancy shows the association between economys performance and the governments happiness tax revenue. This pdf booklet contains 2010, 2011, 2012, 20, 2014, 2015, 2017, 2018 hpas fully solved prelims general studies paper along with explanation in english medium.

For a quick analysis of ias pre 2016ias prelims 2016 paper analysis, click on the link below. These investors shall be granted 50% exemption in land tax. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Tax exemption limit for treating selected diseases for senior citizens increased.

The global forum on transparency and exchange of information for tax purposes was founded in 2000 and restructured in september 2009. A proposal to introduce a national level goods and services tax gst by april 1, 2010 was first mooted in the budget speech for the financial year 200607. The total tax revenue as a percentage of gdp has increased from 6. Knowledge questions and answers 2014 for ssc cgl, ssc tax assistant, ssc. Current affairs may 2015 current affairs today, main points. More central tax more integrated tax more union territory tax. The union finance minister, shri arun jaitely presenting the union budget 201516, said that a large proportion of indias population is without insurance of any kind health, accidental or life worryingly, as our young population ages, it is.

In the absence of these changes, the rcap assessment would have generated a relatively less positive result. The gadgil formulabased grants after niti ayog 2015edit. Home page of central board of indirect taxes and customs. This concept reveals some interesting aspects as well as some interesting questions. Jalanshmonthly newsletter of cwc january2020 issue. Hope this exercise of the ias prelims question paper analysis was useful for you. Prior to the liberalization of economy, indias tax regime was marred with numerous problems. Latest current affairs and news current affairs today. Main responsibility of it department is to enforce various direct. Indian economy gktoday material download pdf 5 mb xaam. Jan 21, 2018 hello friends, we have compiled the gk today monthly current affairs in pdf from jan 2016 till month, you can download gk today current affairs in one click from the link given below. The call for the contribution to the tax fund was also made at the addis ababa action agenda, which was adopted at the third international conference on financing for development in 2015.

Global forum on transparency and exchange of information. General knowledge in hindi 2015 16 samanya gyan gk q and a in in hindi 2015, general knowledge questions and answers in hindi 2015, general general knowledge in hindi 2015 pdf, general knowledge quiz in hindi if any articles or images that appear on the site are in violation of law. An easy guide for prelims and revision techniques by irs ias preparation tips for. Upsc civil services preliminary exam 2016 general studies paper 1. Income tax department is headed by the apex body central board of direct taxes cbdt. Pradhan mantri jeevan jyoti bima yojana govts scheme. May 17, 2015 indian economy gktoday material download pdf 5 mb may 17, 2015 august 9, 2015 xaam org. General knowledge current affairs today current affairs 2015.

A global framework for financing development post2015 1. Cabinet approves proposal for amendment to the msme. We, the heads of state and government and high representatives, gathered in addis ababa from to 16 july 2015, affirm our. Union government has accepted justice ap shah committee report on the minimum alternative tax mat on foreign institutional investors fiis. Categorywise pdf compilations datewise fortnightly pdf compilations. These investors shall be granted 50% exemption in land tax, electricity duty and mandi cess for 7 years and 50% exemption in stamp duty. The forum works under the auspices of the oecd and g20. Upsc civil services preliminary exam 2015 general studies paper 1. The additional regulatory initiatives undertaken by rbi improved the level of compliance with the the basel minimum standards. It consists of oecd member countries as well as other jurisdictions that have agreed to implement tax related transparency and information exchange. India has become the first country to respond to this call. Tax receipts on corporate income fctax from 1929 to 2019 about receipts, tax, federal, corporate, government, income, gdp, and usa.

What is tax buoyancy, how it works for the government. Today we are providing banking awareness handwritten notes in pdf format. In a series of sharing useful study material for upcoming banking exams. Rcap assessment work from approximately 44 improvements, which became effective on 1 april 2015. This move will benefit the public as well as private sector employees. Download adda 247 ebooks free adda 247 all pdf books download adda 247 polity pdf adda 247 history pdf adda 247 geography pdf. All revenues received by the government by way of direct taxes and indirect taxes, money borrowed and receipts from loans given by the government flow into. Hence, tax buoyancy shows the association between economys performance and the governments happiness tax revenue. This pdf will provides you insight into current schemes events that are important for competitive exams. Later, on august 2015 a comprehensive guidance note was released for providing guidance to financial institutions, sectoral regulators as well as income tax. May 12, 2015 by ibps exam adda editorial board 2 comments gktoday summarizes the daily dose of current affairs around the world helping you to prepare for ibpspo and sbi exams. May 24, 2016 current affairs may 2015 current affairs today, main points. Aug 09, 2019 pradhan mantri jeevan jyoti bima yojana pmjjby pradhan mantri suraksha bima yojana pmsby and atal pension yojana. The union finance minister, shri arun jaitely presenting the union budget 201516, said that a large proportion of indias population is without insurance of any kind health, accidental or life worryingly, as our young population ages, it is also going to be pensionless.

Goods and services tax is a comprehensive indirect tax which is to be levied on the manufacture, sale and consumption of goods and services in india. Copyright quiz questions and answers general knowledge 20 pdf. Upsc repeats questions in ias prelims from previous year papers 18 repeated in 2018 ias prelims. This input tax credit should first be utilized for payment of cgst and sgst, respectively, and balance is to be used for payment of igst. Fine could be 2 lakhs for not cooperating with tax queries. It was gradually extended to all commodities through central value added tax cenvat. Ease of doing business score and ease of doing business. Copyright quiz questions and answers general knowledge. It was the 21st yearly session of the conference of the parties cop to the 1992 united nations framework convention on climate change unfccc and the 11th session of the meeting of the parties cmp to the 1997 kyoto protocol. A very well known model of good governance, sevottam, is being implemented by income tax department. The 2015 united nations climate change conference, cop 21 or cmp 11 was held in paris, france, from 30 november to 12 december 2015. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. In terms of direct taxes, there was a high degree of progressiveness in 1960s and 1970s that led to adverse effect on tax collection efficiency. J tax informants reward scheme, 2018, on the basis of substantially same facts,heshallhave tofurnishthe sameseparately inaccordance with the two schemes.

Crisp news summaries and articles on current events about tax for ibps, banking, upsc. By accepting the recommendations, government will not impose levy on fiis prior to. Stay tune in ac lot more study pdf coming soon for sbi,ibps,rbi,lic,niacl, ssc etc. Download last 1 year general awareness pdf online for bank exams, ssc exams, upsc exams, railway. Upsc prelims 2016 paper analysis gs paper 1 answer key.

The move is set to benefit around 36 lakh subscribers, including approximately 18 lakh central government employees covered under nps. Document image 1 image 2 image 3 image 4 image 5 image. November 19, 2015 the term revenue receipt is made up of two words revenue and receipts. Assessing the revenues from different central taxes is the primary. Here is todays important banking news to keep you updated and help you prepare for ibps and other bank exams. Nov 23, 2015 goods and services tax is a comprehensive indirect tax which is to be levied on the manufacture, sale and consumption of goods and services in india. The entire withdrawal will now be exempt from income tax as the tax exemption limit for lump sum withdrawal on exit has been enhanced to 60 percent. New rules on nontax revenues, user charges, ereceipts portal have been added in addition to the manner in which autonomous bodies are run. All government schemes very important for exam by gk today.