DAILY NEWS ANALYSIS
14 October, 2019
3 Min Read
GS-IIII: A tax policy that could work.
Indian government desperate to raise more tax revenues. It missed its tax targets last fiscal year, (poor goods and services tax (GST) collections). Its declared budgetary target for the current year requires tax receipts to increase by around 25%, when the first quarter increase was only 6%.
MNCs Tax Evasion:
Base erosion and profit shifting (BEPS):
The OECD G20 Base Erosion and Profit Shifting Project (or BEPS Project):
Conclusion:
A government that is currently ineffective in battling both economic slowdown and declining tax revenues cannot afford to neglect this crucial opportunity.
Source: THE HINDU
SELF HELP GROUP The government is working on increasing the annual income of each woman in the Self Help Group to Rs one lakh by 2024. About SHGs They are an informal group of people who choose to come together to find a way to improve their living standards and conditions. It is a self-governed, peer-controlled information group
48th G7 SUMMIT IN GERMANY The summit was held in BAVARIAN ALPS Germany from June 26th to 28th 2022. PT POINTER G7 48TH Summit was held under the presidency of Germany at BAVARIAN ALPS. Member Countries: US, Canada, France, UK, Germany, Italy, and Japan. BAVARIAN ALPS: It is a collectiv
MISLEADING ADVERTISEMENTS AND ROLE OF ENDORSERS IN ADVERTISING Although a monetary penalty is provided for any misleading advertisement, but there are grey areas that need to be addressed. INDIAN ADS THAT WERE FOUND TO BE MISLEADING Arihant Mattress- Corona-Resistant The Arihant mattress released an advertisement in a Gu
Lancet Study On Road Safety and India’s Road Safety Measures The Lancet study highlights the urgency of implementing a safe system approach that can effectively address road injury death by 2030 and the number of lives that can be saved through intervention in road safety risk factors. The report uses mortality data from the Global Burd
PARTNERS IN THE BLUE PACIFIC US, Australia, New Zealand, Japan, and the United Kingdom have launched the new initiative known as ‘Partners in the Blue Pacific’ for effective and efficient cooperation with the small island nation of the region. It aims to enhance cooperation in the area of the climate crisis, connectivity, transpor
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