Daily Current Affairs 12 Dec. 2015 (Daily Gk Updates )

DAILY CURRENT AFFAIRS: 12 DEC 2015

(Daily News India)

Shared By: WWW.DailyGk.IN

1. INDIA AND JAPAN SIGNED PROTOCOL TO AMEND DOUBLE TAXATION AVOIDANCE PACT

i. The Government of India and the Government of Japan inked a protocol for amending the present convention for the avoidance of double taxation.

ii. This pact will help in preventing the fiscal evasion with respect to taxes on income.

iii. It will also help in sharing the information received from Japan in respect of a resident of India can be shared with other law enforcement agencies.

iv. India and Japan will also provide assistance to each other in the collection of revenue claims.

2. SALMAN RUSHDIE GOT MAILER PRIZE FOR LIFETIME ACHIEVEMENT

i. India-born author Salman Rushdie was awarded with the prestigious Mailer Prize for lifetime achievement.

ii. The prestigious Mailer Prize is given to those writers who fully exercise their freedom of creativity and thrive on dialogue and debate.

iii. Rushdie is known for his famous books like, Booker Prize winner Midnight’s Children, and controversial The Satanic Verses.

iv. The Mailer Prize is an American literary award started in 2009 by The Norman Mailer Center.

3. UNION GOVERNMENT SLAPS ANTI-DUMPING DUTY ON STAINLESS STEEL

i. Union Government has imposed anti-dumping duty on import of cold-rolled flat products of stainless steel for 5 years from 7 countries.

ii. The Directorate General of Anti-dumping and Allied Duties has recommended government  about the rising incidence of dumping.

iii. The exports of steel from other countries is effecting the performance of domestic industry and with steel prices on a decline.

iv. The 7 countries are China, South Korea, United States, South Africa, Thailand and Taiwan and the European Union.

v. Anti-dumping duty is imposed to protect its domestic producers and market from cheap imports.

4. NASEERUDDIN SHAH HONOURED WITH LIFETIME ACHIEVEMENT AWARD

i. Indian actor Naseerudin Shah was honoured with the Lifetime Achievement Award at the 12th edition of Dubai International Film Festival in Dubai.

ii. The Dubai International Film Festival is started as a not-for-profit cultural event, presented and organised by Dubai Entertainment & Media Organization.

5. UN AGENCIES LAUNCHED $1.98 BILLION SAHEL HUMANITARIAN APPEAL FOR 2016

i. The United Nations agencies and partners launched the Sahel humanitarian appeal for 2016.

ii. The purpose of this appeal is to promote international support to tackle crisis of poverty, insecurity and climate change that plagues the Sahel region in Africa.

iii. The aim is to tackle dire effects of climate change,poverty, fast population growth and a rise in violence and insecurity in Africa’s Sahel region.