Daily Current Affairs  – 25 March 2023

In News Recently, The Goods and Services Tax (GST) Council, approved the creation of a national tribunal for the redressal of GST disputes. Need for the Tribunal In the absence of GST Appellate Tribunals, taxpayers are filing writ petitions to directly move the High Court this burdens the already overburdened High Courts and they may […]

In News Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT announced the approval for setting up the Electronics Manufacturing Cluster (EMC) at Dharwad which is expected to create over 18,000 jobs. About The project is being set up at Kotur-Balur Industrial Area in the Dharwad District of Karnataka under EMC […]

In News Recently, Cabinet has approved targeted subsidies to Pradhan Mantri Ujjwala Yojana Consumers. About It has approved a subsidy of Rs.200 per 14.2 kg cylinder for up to 12 refills per year.  The subsidy is credited directly to the bank accounts of the eligible beneficiaries. Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. […]

In News Recently, Supreme Court clarified that a person who “is or continues to be” even a “mere member” of a banned organisation is liable to be found criminally liable under the Unlawful Activities Prevention Act (UAPA) for acting against the sovereignty and integrity of India. Major Highlights of judgment  The judgment referred to Section […]

In News Recently, Odisha Government introduced an OBC law to include castes in the State list by notification. About The State government has proposed an amendment in Section 9 of the Odisha State Commission of Backward Classes Act 1993, by inserting, “notwithstanding anything contained in sub-section (1), the State government, may, by notification, include such […]

In News Recently, transgender women have been barred from competing in the female category by World Athletics (WA)(the international governing body for track and field) Major Points  WA has followed the path of FINA, the international swimming federation, which enforced a similar ban in June last year. The ban & research: Transgender women who have […]

In News Recently, the Union Government has amended the Finance bill 2023 to simplify the tax system.  Important Highlights Of The bill: The Union Government has scrapped the long-term capital gains treatment (with indexation benefits) for income from debt mutual funds and other schemes that invest up to 35% in equity shares of domestic companies. […]