Indian PM attended East Asian Summit in October 2024. key initiatives were taken in the summit.
The East Asia Summit (EAS) process was initiated in 2005 with 16 participating countries, namely the ASEAN Member States, Australia, China, India, Japan, New Zealand, and the Republic of Korea. The United States and the Russian Federation joined later on.
It refers to the Meeting of Heads of State/Governments of these countries and is convened annually.
The East Asia Summit (EAS) process was initiated in 2005 with 16 participating countries, namely the ASEAN Member States, Australia, China, India, Japan, New Zealand, and the Republic of Korea. The United States and the Russian Federation joined later on.
It refers to the Meeting of Heads of State/Governments of these countries and is convened annually.
The Direct tax to total tax revenue increased to 56.72% in FY24, the share of Indirect Tax came down to 43.28%. This increase in direct tax is highest in 14 years.
The higher share of direct taxes is considered progressive whereas increased share of indirect taxes impacts the poor more.
Also the income tax collections wrte higher than Corporate tax ( corporate tax for all existing companies was cut to 22% from 30% & 15% for newly incorporated domestic companies).
The increase in income tax collections is accompanied by increase in returns filed, income tax return filers & tax payers.
#IndianEconomy #GS
The higher share of direct taxes is considered progressive whereas increased share of indirect taxes impacts the poor more.
Also the income tax collections wrte higher than Corporate tax ( corporate tax for all existing companies was cut to 22% from 30% & 15% for newly incorporated domestic companies).
The increase in income tax collections is accompanied by increase in returns filed, income tax return filers & tax payers.
#IndianEconomy #GS
Paryatan Mitra and Paryatan Didi yojana launched on the ocassion of World Tourism day by Ministry of Tourism.
Current affairs question:
CommonWealth Games 2026 are scheduled in
CommonWealth Games 2026 are scheduled in
Anonymous Quiz
9%
Sydney
82%
Glasgow
0%
Delhi
9%
Birmingham
Which among the following game will remain part of CWG 2026 edition
Anonymous Quiz
15%
Shooting
46%
Weightlifting
23%
Wrestling
15%
Hockey
Prime Minister Narendra Modi cautioned people against “digital arrest” frauds on Sunday in the 115th edition of his Mann Ki Baat radio address.
DIGITAL ARREST:
In this cybercrime method is that fraudsters pose as law enforcement officials such as police, Enforcement Directorate, CBI, among others, and manipulate them into believing that they have committed some serious crime.
In certain cases, the victims are “digitally arrested”, and forced to stay visible over Skype or other video conferencing platforms to the criminals until their demands are met.
The cyber fraudsters deceive the victim into believing that he or she has been put under ‘digital arrest’ and will be prosecuted if they do not pay the scamsters a huge amount of money.
DIGITAL ARREST:
In this cybercrime method is that fraudsters pose as law enforcement officials such as police, Enforcement Directorate, CBI, among others, and manipulate them into believing that they have committed some serious crime.
In certain cases, the victims are “digitally arrested”, and forced to stay visible over Skype or other video conferencing platforms to the criminals until their demands are met.
The cyber fraudsters deceive the victim into believing that he or she has been put under ‘digital arrest’ and will be prosecuted if they do not pay the scamsters a huge amount of money.