Page-28 of Current Affairs - August, 2015
Central Board of Direct Taxes (CBDT) signed first Advance Pricing Agreements (APAs) with ‘Rollback’ provision.
In order to bring certainty in tax liability and avoid disputes in taxation with the multinationals operating in India, the Central Board of Direct Taxes (CBDT) for the first time has entered into an Advance Pricing Agreements (APAs) with ‘Rollback’ ..
Month: Current Affairs - August, 2015
Egypt launches Suez Canal expansion
Egypt has launched a major expansion of the Suez Canal. It was inaugurated by Egyptian President Abdel Fattah al-Sisi in a lavish ceremony held at port city of Ismailiya ( located on west bank of canal). Suez Canal expansion project ..
Month: Current Affairs - August, 2015
IS seizes central Syrian town of Qaryatain
The radical militants of Sunni Islamist militant group Islamic State (IS) have seized Qaryatain, a key town in central Syria. It was seized following heavy clashes with Syrian forces. It is IS’s biggest advance after it had captured the historic ..
Month: Current Affairs - August, 2015
RBI allows banks to merge, shift or close branches in urban areas
Reserve Bank of India (RBI) has taken decision to allow banks to merge, shift or close branches in urban areas on their own discretion. In this regard, RBI has issued a notification that mention detailed provisions of above decisions. This ..
Month: Current Affairs - August, 2015
Lok Sabha passes Negotiable Instruments (Amendment) Bill, 2015
Lok Sabha has passed Negotiable Instruments (Amendment) Bill 2015 by a voice vote. The bill seeks to amend The Negotiable Instruments Act, 1881 in order to make cheque-bounce filing of cases more convenient for check payees (person who receives the ..
Month: Current Affairs - August, 2015
Colonel Harwant Singh (Retd), World War-II hero passes away
Retired Colonel Harwant Singh, a World War-II veteran and hero passed away in Patiala, Punjab. He was 95. He was commissioned in 2nd battalion of the Sikh Regiment of then British Army in September 1941. During the World War (WW)-II ..
Month: Current Affairs - August, 2015
ISRO to launch 9 nano/micro US satellites during 2015-16
During the 2015-16 time frame, Indian Space Research Organisation (ISRO) will be launching 9 nano/ micro satellites of United States (US). This will be the first time in ISRO’s history it will launch US satellites. In this regard the commercial ..
Month: Current Affairs - August, 2015
Zhanna Nemtsova awarded with Solidarity Prize 2015 of Poland
Russian journalist and social activist Zhanna Nemtsova was awarded with Poland’s Solidarity Prize 2015. She was bestowed with this award for championing (promotion and protection) democracy and human rights. Zhanna is the daughter of slain Russian statesman and liberal politician ..