Choose Your Language

Tuesday, May 9, 2017

DAILY CURRENT AFFAIRS: 5TH MAY 2017

DAILY CURRENT AFFAIRS: 5TH MAY 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. INDORE IS INDIA’S CLEANEST CITY: SWACHH BHARAT SURVEY
i. Urban Development Minister M Venkaiah Naidu released 3rd edition of the Swachh Survekshan which ranked 434 Indian cities on various cleanliness parameters.
ii. Indore in Madhya Pradesh emerged as the cleanest city and Gonda in Uttar Pradesh ranked at the bottom as the dirtiest city.
iii. Top 5 Clean Cities are: Indore – Madhya Pradesh, Bhopal – Madhya Pradesh is at 2nd place, Visakhapatnam – Andhra Pradesh is at 3rd followed by Surat – Gujarat and Mysuru – Karnataka at 4th and 5th place.

2. RECENT APPROVALS BY CENTRAL GOVERNMENT – MAY 3 2017
i. The cabinet has cleared the non performing asset resolution package that includes an ordinance to amend the Banking Regulation Act for empowering the Reserve Bank of India to deal with bad assets in an effective manner.
ii. Union Cabinet has given gave ex-post facto approval to the signing the Memorandum of Cooperation with Japan on Railway Safety.
iii. Union Cabinet has approved modifications in the recommendations of the 7th Central Pay Commission relating to the method of revision of pension of pre-2016 pensioners and family pensioners.
iv. The central government has approved the signing of Memorandum of Understanding on Cooperation in area of Civil Aviation with Spain.
v. Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi has given approval for Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters for period 2016-20.

3. HARYANA AND MADHYA PRADESH STATE LEGISLATIVE ASSEMBLY PASSES GST BILL
i. Madhya Pradesh and Haryana cabinet gave its approval to a draft bill for implementation of the Goods and Services Tax in the state. The GST will be implemented from 1st of July.
ii. With this the number of states that have passed the law of Parliament’s nod to the GST bills increased to 8.
iii. Different indirect taxes like the central sales tax, central excise duty and service tax are to be merged with the C-GST.
iv. S-GST will include state sales tax, luxury tax, VAT and entertainment tax.

4. RELIANCE, SAP LAUNCH ‘SARAL GST’ SOLUTION FOR TAXPAYERS
i. Reliance Corporate IT Park Limited, a subsidiary of Reliance Industries has signed a Memorandum of Understanding with SAP to launch ‘SARAL GST’ solution for taxpayers.
ii. SARAL GST will provide simplified operations high quality of service and security to taxpayers.
iii. It will hold the proficiency of RCITPL as GST Suvidha Provider and SAP as Application Service Provider.
iv. GSP, RCITPL will connect ASPs to the Government’s GST system through Jio MPLS network. It will also help in boosting the Digital India initiative.

DAILY CURRENT AFFAIRS: 4TH MAY 2017

DAILY CURRENT AFFAIRS: 4TH MAY 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. MP FIRST TO SWITCH TO JAN-DEC FISCAL YEAR
i. Madhya Pradesh became the 1st state in India to switch to the January-December financial year from existing April-March cycle.
ii. It will break a 150-year old tradition of adopting the financial year from April to March.
iii. CM Shivraj Singh Chouhan decided to shift the financial year to January-December. It is mentioned the Budget session of the next financial year will be held either in December 2017 or January 2018.
iv. CM also give direction to all cabinet ministers to prepare a quarterly, half-yearly and annual road map of works so that all works are done within a fixed deadline.

Popular Posts