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What is Sheltering of Taxes?

This newscard is an excerpt from an original article published in TH. We can expect a statement based question comparing Tax Shelters and Tax Heavens. What is a Tax Shelter? A tax shelter is a financial vehicle that an individual can use to help them lower their tax obligation and, thus, keep more of their… Continue reading What is Sheltering of Taxes?

What is Ketogenic Diet?

Ketogenic or Keto Diet is popularly followed as a weight loss diet across the world. Try this PYQ: Q.Regular intake of fresh fruits and vegetables is recommended in the diet since they are a good source of antioxidants. How do antioxidants help a person maintain health and promote longevity? (CSP 2014) (a) They activate the… Continue reading What is Ketogenic Diet?

[pib] Coalition of Epidemic Preparedness for Innovation (CEPI)

Translational Health Science And Technology Institute (THSTI), an autonomous institute of the Department of Biotechnology, has now been recognized by Coalition of Epidemic Preparedness for Innovation (CEPI) as one of the Global Network of Laboratories for centralized assessment of COVID 19 Vaccines. Note: CEPI is neither a WHO subsidiary nor a UN body . Coalition… Continue reading [pib] Coalition of Epidemic Preparedness for Innovation (CEPI)

Need for streamlining the Insolvency and Bankruptcy Code

The article analyses the impact of Insolvency and Bankruptcy Code (IBC) on the insolvency resolution and on Indian economy. Measures that will improve investment 1)  IBC: transforming insolvency resolution IBC replaced inefficient bankruptcy law regime and has transformed insolvency resolution in India. The IBC has focused on time-bound resolution, rather than liquidation. IBC acts as… Continue reading Need for streamlining the Insolvency and Bankruptcy Code

Conference on Disarmament (CD)

India has supported the holding of negotiations on a Comprehensive Nuclear Weapons Convention at the Conference on Disarmament (CD). It reiterated its commitment to the disarmament of nuclear weapons in a step-by-step non-discriminatory process. List out various factors which are preventing the nuclear disarmaments amongst the nations. About the Conference on Disarmament (CD) The CD… Continue reading Conference on Disarmament (CD)

ATAL: World’s Longest Highway Tunnel

PM Modi has inaugurated the Atal Tunnel at Rohtang at an altitude of above 3,000 metres in Himachal Pradesh. Refer this link to read more about Himalayan passes and rivers https://www.civilsdaily.com/the-northern-and-northeastern-mountains-part-1/ Atal Tunnel The 9.02 km-long-tunnel, built by the Border Roads Organisation (BRO), is the world’s longest highway tunnel and connects Manali to Lahaul-Spiti valley.… Continue reading ATAL: World’s Longest Highway Tunnel

Species in news: Madhuca Diplostemon

A tree species, long believed extinct, has been rediscovered after a gap of more than 180 years from a sacred grove in Kollam district. Try this PYQ: Q.Consider the following statements: Biodiversity hotspots are located only in tropical regions. India has four biodiversity hotspots i.e., Eastern Himalayas, Western Himalayas, Western Ghats and Andaman and the… Continue reading Species in news: Madhuca Diplostemon

JAL JEEVAN MISSION (PIB)

What is Jal Jeevan Mission ? The Union Minister of Jal Shakti launched a special mission mode campaign to provide potable piped water supply in all schools and anganwadi centres across the nation within 100 days. About Jal Jeevan Mission This mission was envisaged by the Prime Minister on 29th September, 2020 while releasing the… Continue reading JAL JEEVAN MISSION (PIB)

Swachh Bharat Puraskar (PIB)

What are Swachh Bharat Puruskar ? he Swachh Bharat (2020) Awards were conferred to the best performing States/UTs, districts, blocks, GPs and others in various categories marking six years of the Swachh Bharat Mission (SBM) launch. The awards were given by Department of Drinking Water and Sanitation (DDWS). Top Awards were conferred upon Gujarat, Uttar… Continue reading Swachh Bharat Puraskar (PIB)

CBD Oil

Context- Earlier this week, late actor Irrfan Khan’s wife Sutapa Sikdar made an appeal to legalise CBD oil in India for its potential to treat cancer. Her appeal followed the criticism of actor Rhea Chakrabaorty after it was reported that she had administered CBD oil, used as a pain reliever for some, to Sushant Singh… Continue reading CBD Oil

Ambedkar Social Innovation and Incubation Mission (PIB)

Union Social Justice Minister launched the Ambedkar Social Innovation and Incubation Mission(ASIIM) under Venture Capital Fund for SCs, with a view to promoting innovation and enterprise among SC students studying in higher educational institutions. What is ASIIM ? Under Ambedkar Social Innovation Incubation Mission initiative, one thousand SC youth will be identified in the next… Continue reading Ambedkar Social Innovation and Incubation Mission (PIB)

Sawantwadi Toy (PIB)

Context- Online Release of Picture Postcard on Sawantwadi Toy by India Post. What are Sawantwadi toys ? Sawantwadi toys refers to hand made works of art made of wood in Sawantwadi a town in Sindhudurg district of Maharashtra. Most of these toys are made in the village of Kolgaon in Sawantwadi taluka. These toys are… Continue reading Sawantwadi Toy (PIB)

What are defence offsets ?

What are defence offsets ? In simplest terms, the offset is an obligation by an international player to boost India’s domestic defence industry if India is buying defence equipment from it. Since defence contracts are costly, the government wants part of that money either to benefit the Indian industry, or to allow the country to… Continue reading What are defence offsets ?

Lessons to learn from Vodafone ruling

Context  An Investor-State Dispute Settlement (ISDS) tribunal has ruled that India’s imposition of tax liability amounting to ₹22,000 crore on Vodafone is in breach of India-Netherlands bilateral investment treaty obligations. Background of the case This case arose after the Indian Parliament in 2012 amended the Income Tax Act. As per the amendment, income deemed to be… Continue reading Lessons to learn from Vodafone ruling

Maharashtra modifies Forest Rights Act

Maharashtra government has issued a notification modifying the Forest Rights Act (FRA), 2006 that will enable tribals and other traditional forest dwelling families to build houses in the neighbourhood forest areas. Try this question for mains: Q.Forest dwellers are integral to the very survival and sustainability of the forest ecosystem. Analyse. Historical Background 1878: The Forest… Continue reading Maharashtra modifies Forest Rights Act

Obesity in India

Adults in urban India consume much more fat than those in rural areas, found the latest survey by the Indian Council of Medical Research and National Institute of Nutrition. Do you know? Over-nutrition is also a form of malnutrition. ‘What India Eats’ Survey Adults in India’s urban centres consumed 51.6 grammes fat per day per head… Continue reading Obesity in India

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