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Daily Answer Writing

The new Direct Tax Vivad se Vishwas Bill, 2020 could fetch the exchequer a major part of direct taxes under dispute and free up courts and tribunals crippled by prolonged litigation. Explain (250 words)

India has been ranked 40th out of 53 countries in the International IP Index released by Global Innovation Policy Centre (GIPC) of the US Chambers of Commerce. In the light of this statement, mention the efforts made by the government to improve India’s Intellectual Property regime. (250 words)