Choose Your Language

Sunday, November 12, 2017

DAILY CURRENT AFFAIRS: 9 NOV 2017

DAILY CURRENT AFFAIRS: 9 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      PANEL UNDER M VINOD KUMAR BEGINS REVIEW OF GST LAWS TO REMOVE GLITCHES
i. A committee headed by M Vinod Kumar, GST chief commissioner for Karnataka has started a review of the laws governing Goods and Services Tax. The committee has been set up to provide suggestions for smoothening the GST regime, especially for small businesses who have been complaining of a an increase in compliance burden.
ii. Another committee comprising industry representatives has also been set up to provide external inputs on this matter. Besides, group of state finance ministers has also suggested some changes to the existing structure.
iii. Next meeting of GST council is scheduled to be held on November 10, 2017 in Guwahati, Assam. At this meeting, decision will be taken on proposals from a ministerial panel for tax rate cuts on restaurants and for further liberalization of the composition scheme meant for small businesses.

DAILY CURRENT AFFAIRS: 8 NOV 2017

DAILY CURRENT AFFAIRS: 8 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      COP23 CLIMATE CHANGE SUMMIT HELD IN BONN,GERMANY
i. 23rd annual “conference of the parties” under the UN Framework Convention on Climate Change begun on November 6, 2017 in Bonn, Germany. This conference will continue till November 17, 2017.
ii. COP23 was opened on November 6, 2017 by Fiji’s PM Voreqe ‘Frank’ Bainimarama. The India Pavilion at COP 23 was inaugurated by Union Minister of Environment, Forest and Climate Change, Dr. Harsh Vardhan. India’s theme for COP 23 is ‘Conserving Now, Preserving Future’.

Popular Posts