Friday, June 30, 2017

June, 2017: Trump announces US withdrawal from Paris Climate Agreement

Trump announces US withdrawal from Paris Climate Agreement

President Trump announced the withdrawal of the United States from the landmark Paris climate agreement, an extraordinary move that dismayed America’s allies and set back the global effort to address the warming planet.

Trump’s decision set off alarms worldwide, drawing swift and sharp condemnation from foreign leaders as well as top environmentalists and corporate titans, who decried the U.S. exit from the Paris accord as an irresponsible abdication of American leadership in the face of irrefutable scientific evidence.

Trump, who has labeled climate change a “hoax,” made good on a campaign promise to “cancel” the Paris agreement and Obama-era regulations that he said were decimating industries and killing jobs. The president cast his decision as a “reassertion of America’s sovereignty,” arguing that the climate pact as negotiated under President Barack Obama was grossly unfair to the U.S. workers he had vowed to protect with his populist “America First” platform.

Wednesday, May 31, 2017

May, 2017: GST Council fixes rates for services

GST Council fixes rates for services may india 2017

The GST Council fixed the rate of tax for goods and services under the new indirect tax regime. With regard to the GST on services, the council broadly agreed on 4 tax brackets having 5%, 12%, 18% and 28% of tax instead of the current uniform rate.

Finance Minister Arun Jaitley said that all services have been fitted into four different rates, which are 5%, 12%, the standard 18% and the luxury rate of 28%, Transport services (Railways, air transport) will be under the 5% category since the main input used for such services are petroleum which is outside the GST Net. Hotels and lodges charging rent below Rs. 1000 are exempted under the GST.

May, 2017: Big B, Anushka to lead Modi govt’s ‘Darwaza Band’ campaign to discourage open defecation

Big B to lead Modi govt’s ‘Darwaza Band’ campaign to discourage open defecation

The centre launched an aggressive new campaign titled 'Darwaza Band' to promote toilet use and freedom from open defecation across the country's villages. Darwaza Band stands for shutting the door on open defecation. The campaign produced by the MDWS (Ministry of Drinking Water & Sanitation) under Swachh Bharat Mission was launched in the presence of iconic actor Amitabh Bachchan and Union Minister for Drinking Water and Sanitation Narendra Singh Tomar.

Sunday, April 30, 2017

April, 2017: Nita Ambani made member of IOC's Olympic Channel

Nita Ambani made member of IOC's Olympic Channel

India’s first woman International Olympic Committee member Nita Ambani made it to two important commissions of the global sports governing body, including the prestigious Olympic channel.

Besides the Olympic Channel, the 53-year-old Ms. Ambani has also been made a member of Olympic education Commission as IOC announced the composition of 26 commissions for 2017. She is one of the 16 members of the Olympic Channel Commission headed by United States Olympic Committee Chairman Lawrence Francis Probst.

Ms. Ambani has replaced International Paralympic Committee President Philip Craven, who was a member of the commission till last year.

April, 2017: India bans red beacon lights from top of VIP cars

India bans red beacon lights from top of VIP cars

The government decided to ban red beacons atop cars of all ministers, politicians and bureaucrats, ending a privilege that was seen as the ultimate status symbol.

The ban, effective from May 1, doesn’t exempt even vehicles of the country’s top dignitaries such as the President, Prime Minister and the Chief Justice of India. But ambulances and vehicles of the fire service, police, and army will be allowed to use blue flashing beacons to cut through traffic. About six categories of beacons — primarily red, blue and yellow — are in use in India. But the red, or the coveted “lalbatti”, has been drawing maximum attention as an elitist VIP symbol since the British rulers introduced it.

Friday, March 31, 2017

March, 2017: Union Cabinet approved four GST related bills

GST goods and services tax march 2017 bills

The Union Cabinet chaired by the Prime Minister Narendra Modi approved the following four GST related bills:

1.         The Central Goods and Services Tax Bill 2017 (The CGST Bill)

2.         The Integrated Goods and Services Tax Bill 2017 (The IGST Bill)

3.         The Union Territory Goods and Services Tax Bill 2017 (The UTGST Bill)

4.         The Goods and Services Tax (Compensation to the States) Bill 2017 (The Compensation Bill)

The above four Bills were earlier approved by the GST Council after thorough, clause by clause, discussion over 12 meetings of the Council held in the last six months.