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Sunset clause on tax exemption It will  provide open and corporate tax exemption . While trimming the list of sector that are entitled to such benefits on research and development and capital expenditure it will help in phasing out corporate exemption and thus it will lower the corporate tax rate and on the other hand … Read more Daily current affair 10 October 2015

Gender equality  women will soon be inducted into the fighting arm of Indian Airforce, although Indian women serves in the Air Force, navy and army as support and technical stuff   World Bank president is Jim Yong Kim  International Monetary Fund Managing Director is Christiane lagarde   Transfer pricing  Transfer pricing is referred to as … Read more Daily current affair 9 October 2015

Sahitya Akademi Award winners returning their awards Against the recent killings of rationalist and writers mm Kalburgi ,Narendra Dabholkar and Govind pansare Sahitya Akademi winners have returned their awards. They have termed such attacks not only to be against the constitution of India which provide right to life under article 21 but even against the … Read more Daily current affair 7 October 2015

National war Memorial and National war Museum  at Princess Park near India Gate New Delhi. in the memory of all Indian soldiers who have made the supreme sacrifice for the country post independence. India Gate was built to Commentate the sacrifice of 13,300 soldiers who died in World War 1 and third Anglo Afghan war … Read more Daily current affair 8 October 2015

Indo German agreements During the visit of German chancellor Angela Merkel two sides find various such as:- Memorandum of understanding on security cooperation  joint declaration of intent on cooperation in field of disaster management  border protection  aviation security  cybercrime illegal migration and  counterfeit currency India Germany climate and renewable energy Alliance:- a comprehensive partnership to … Read more Daily current affair 6 October 2015

Problems with criminal justice system National crime record Bureau figures for 2014 states that almost 68 % of the inmates of India’s overflowing prison are under trial and 70 % of those converts are illiterate in 1987 The Law Commission recognised that the low operation ratio is  leading pendency in courts and had recommended that … Read more Daily current affair 5 October 2015

Financial intelligence unit Financial Intelligence Unit – India (FIU-IND) was set by the Government of India in 2004 as the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions. FIU-IND is also responsible for coordinating and strengthening efforts of national and international intelligence, investigation and enforcement agencies in … Read more Daily current affair 4 October 2015

Mapping of Ancient India scientific achievement Indian Council of historical research will map the countries scientific achievement starting from Vedic Era up to the 18th century . Indian Council of historical research will draft historians to study in ancient literature such as :- Vedas Puranas Dharmshastra artha shastra  Vedanga Jyotisha  Rasasastra Vastu Shastra  to trace … Read more Daily current affair 3 October 2015

Various rates of RBI Repo rate is the rate at which banks can borrow from RBI Yield on Government Bonds  is the rate at which the government can borrow from the market and is a benchmark for companies issuing bonds Base bank rate is the rate at which companies and individual get loan from the … Read more Daily current affair 2 October 2015 of the hindu and indian express