It has been made mandatory for a GST taxpayer having a turnover of more than Rs 5 crore in the preceding financial year, to furnish 6 digits HSN Code (Harmonised System of Nomenclature Code) which comes into effect from April 1. Daily Current Affairs Quiz 2021 A taxpayer having turnover of ...

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Central Sector Scheme - "Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)" with an outlay of Rs10,900 cr. Daily Current Affairs Quiz 2021 The scheme is approved to support the creation of ...

The Indian government is amending current legislation to require companies to disclose cryptocurrency holdings in their financial statements. Daily Current Affairs Quiz 2021 All companies will now have to disclose in their statutory financial filings to the RoC any profit or loss on ...

The Indian Cellular and Electronics Association (ICEA) has written letters to the NITI Aayog, the Secretary of the Ministry of Electronics and Information Technology, as well as officials from other ministries to consider declaring 2020-21 as zero year for production-linked incentive (PLI) scheme ...

The Suez Canal blockage that has disrupted east-west shipping could impact India’s trade and curtail key manufacturing supplies while raising transport costs as shipping rates spike due to the crisis. Department of Commerce is planning re-routing shipments through the Cape of Good Hope. Daily ...

The government offered 67 coal mines for sale, launching the second tranche of commercial coal mining auction and termed it a step towards 'Aatmanirbhar Bharat'. Daily Current Affairs Quiz 2021 This is the highest number of mines on offer in a particular tranche of auction after commencement ...

The US Securities and Exchange Commission (SEC) issued an investor alert, which was the first warning of sorts, when it came to or special purpose acquisition companies (SPACs). Daily Current Affairs Quiz 2021 A SPAC, or a blank-cheque company, is an entity specifically set up with the ...

The government has readied a draft district-wise export promotion plan for 451 districts in the country after identifying products and services with export potential in 725 districts. Daily Current Affairs Quiz 2021 Aiming for double-digit export growth from 500 districts over 3-5 years, the ...

India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. Daily Current Affairs Quiz 2021 In a comparison, Chinese incomes ...

The Rajya Sabha has passed the Insurance (Amendment) Bill, 2021. It seeks to amend the Insurance Act, 1938 which will increase the limit of foreign investment allowed in Indian insurance companies. Daily Current Affairs Quiz 2021 The Bill amends the Insurance Act, 1938 to increase the ...