Rajya Sabha passed Insolvency and Bankruptcy Code (2nd Amendment) Bill

Rajya Sabha passed Insolvency and Bankruptcy Code (2nd Amendment) Bill

Rajya Sabha passed the Insolvency and Bankruptcy Code (2nd Amendment) Bill, thereby temporarily suspending initiation of Corporate Insolvency Resolution Process. Daily Current Affairs Quiz 2020 Key-Points It amends the Insolvency and Bankruptcy Code, 2016. The Bill seeks to temporarily suspend initiation of the corporate insolvency resolution process (CIRP) under the Code. When a default occurs, […]

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Lok Sabha passed taxation bill to provide reliefs for taxpayers

Lok Sabha passed taxation bill to provide reliefs for taxpayers

Lok Sabha passed a taxation bill that seeks to provide various reliefs in terms of compliance requirements for taxpayers amid the coronavirus pandemic. The reliefs include extending deadlines for filing returns and for linking PAN and Aadhaar. Daily Current Affairs Quiz 2020 Key-Points The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill,

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Amendment of Companies Act to promote ease of doing business

Amendment of Companies Act to promote ease of doing business

The Lok Sabha passed the Companies Act (Amendment) Bill, 2020, which decriminalises a number of technical and filing-related corporate offences. It also allows direct listing of Indian companies on foreign stock exchanges and revokes the criminal provisions added to the Companies Act for violations of provisions of corporate social responsibility rules. Daily Current Affairs Quiz

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Hindustan Organic Chemicals Limited get BIS Certification for all its products

Hindustan Organic Chemicals Limited get BIS Certification for all its products

Hindustan Organic Chemicals Limited (HOCL), a PSU under the Ministry of Chemicals and Fertilizers has been granted Bureau of Indian Standards – BIS certification for all its products. HOCL has been a pioneer in the manufacturing of Chemicals since its inception and quality is its motto since then. Daily Current Affairs Quiz 2020 Key-Points The

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Mahalaya festival 2020

Mahalaya festival 2020

Mahalaya marks the beginning of the Devipaksha and the end of the Pitrupaksha according to Hindu calendar. This year, Mahalaya Amavasya will be observed on September 17, 2020. Daily Current Affairs Quiz 2020 Key-Points Pitru Paksha is a 16-lunar day period when Hindus pay homage to their ancestors through shradh prayers and food offerings. In

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Kerala to have certified snake handlers

Kerala to have certified snake handlers

Kerala Forest Department, becoming the first to institutionalise snake handling in the country has framed guidelines for rescuing snakes from human dominated places and releasing them in uninhabited areas. Daily Current Affairs Quiz 2020 Key-Points The move to certify snake handlers comes amid allegations of unscientific approaches by snake catchers that tend to create stress

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Delhi Metro develops indigenous signalling technology

Delhi Metro develops indigenous signalling technology

The Delhi Metro Rail Corporation has developed an indigenously built signalling technology for metro trains in line with the government’s flagship ‘Make in India’ initiative. Daily Current Affairs Quiz 2020 Key-Points The i-ATS (Automatic Train Supervision) is a computer-based system that manages train operation. This system is indispensable for high-density operations such as the metro,

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