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Article Bank PO Current Affairs SSC 

Important: Budget Highlights 2017

FISCAL SITUATION Total expenditure is Rs. 21, 47,000 Crore. Rs.3000 Crore for implementing budget announcements under department of Economics. Defense expenses, excluding pension- Rs 2, 74,114 Crore. Expenses in science and technology- Rs. 37,435 Crore. Total resources transferred to States and UTs -Rs 4.11 lakh Crore Recommended fiscal deficit for 3 years – 3% with deviation of 0.5% of GDP. Revenue deficit- 1.9% Pegged fiscal deficit of 2017-18 at 3.2% of Gross Domestic Product (GDP) and remain committed to achieving 3% in the next year.    AGRICULTURAL SECTOR The fund…

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Article Current Affairs 

GAAR-General Anti-Avoidance Rules: Explained With Examples

Introduction General Anti-Avoidance Rule (GAAR) is an anti-tax avoidance regulation of India. It was introduced by then Finance Minister, Pranab Mukherjee, on 16 March 2012 during the Budget session. Tax Avoidance Avoidance means nothing but an attempt to reduce the tax liability through the legal means. The difference between Tax Avoidance and Tax Evasion Evasion & Avoidance are two different entities. In Avoidance, tax reduction is done legally but in evasion, it is done illegally. GAAR in simple terms Tax Avoidance is one of the major concerns across the world….

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Current Affairs 

Jan 1: Pointers on PM’s Speech

Prime Minister Narendra Modi has announced two housing schemes, tax incentives for small traders, interest rebate for farmers and monetary assistance for pregnant women. (1) Bonanza for Home Buyers:-  In a big relief to home buyers, New Schemes under Pradhan Mantri Awas Yojana were announced. Now get 4 % interest relief on home loan upto 9 lakh rupees. And 3 % cut for home loan upto 12 lakh rupees. (2) Subvention on Home Improvements:- In rural areas, now you can get 3 % interest relief on loan of upto 2…

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Current Affairs 

Weekly Current Affairs: January 1 to January 7, 2017

Cash withdrawal limit from ATM’s increased to Rs. 4500 per day. Election Commission of India announces poll dates for 5 state assemblies namely Uttar Pradesh, Uttarakhand, Punjab, Manipur and Goa.  An entrepreneur of Indian origin, Sheikh Rafik Mohammed, has assumed a top position in the defence department of Kyrgyzstan. Justice Mian Saqib Nisar on Saturday took oath as the 25th Chief Justice of Pakistan after replacing Justice Anwar Zaheer Jamali who retired after serving as Chief Justice for 15 months. Prime Minister Narendra Modi declared an increase in the credit…

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Article Bank PO General Awareness SSC 

डिजिटल इंडिया: SSC और बैंक PO के Current Affairs अब हिंदी में मोबाइल app में

Current Affairs हर परीक्षा के लिए अत्यंत आवश्यक है और इसी को ध्यान में रखते हुए, एक सुनहरे प्रयास में अब भारत के हर हिंदी भाषी जनता के लिए ये Eckovation मोबाइल app बनाया गया है। प्रधानमंत्री नरेंद्र मोदी जी के डिजिटल इंडिया के सपनो को ध्यान में रख इस Eckovation मोबाइल app पर आप सभी को मुफ्त और उच्चतम स्तर की शिक्षा दी जा रही है। फायदा जरूर ले और अभी ही Eckovation app को डाउनलोड कर पढ़ना शुरू करे: 1. Eckovation app डाउनलोड करने के लिए: क्लिक करे  2. Current Affairs हिंदी…

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