India Joins OECD/G20 Inclusive Framework Tax Deal

India and the majority of the members of OECD-G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have joined a new two-pillar plan to reform international taxation rules. The two-pillar plan – inclusive framework tax deal on Base Erosion and Profit Shifting (BEPS)- seeks to reform international tax rules and ensure that multinational enterprises pay their fair share wherever

Anti-Dumping Duty

Recently, the government has decided not to impose Anti-Dumping Duty (ADD) on imports of certain copper products, from China, Thailand, Korea and three other countries. Anti-Dumping Duty About: In April, Directorate General of Trade Remedies (DGTR) recommended imposing the duty on “copper and copper alloy flat-rolled products” from China, Korea, Malaysia, Nepal, Sri Lanka and Thailand, after conducting a probe.

Discrete Auroras of Mars

Recently, the UAE’s Hope spacecraft has captured images of glowing atmospheric lights in the Mars night sky, known as discrete auroras. The Hope Probe, the Arab world’s first mission to Mars, took off from Earth in July 2020, and has been orbiting the Red Planet (Mars) since February 2021. It is expected to create the first complete

NIPUN Bharat Mission

The Ministry of Education has launched NIPUN (National Initiative for Proficiency in Reading with Understanding and Numeracy) Bharat Scheme. It aims to cover the learning needs of children in the age group of 3 to 9 years. NIPUN Bharat Mission Part of NEP 2020: This initiative is being launched as a part of NEP (National Education Policy) 2020.

Output Pact: OPEC+

Recently, the United Arab Emirates (UAE) pushed back against a plan by the Organization of the Petroleum Exporting Countries (OPEC+) Plus group to extend the global pact to cut oil production beyond April 2022. Output Pact: OPEC+ The Output Pact & Fluctuating Oil Price: The OPEC+ group of countries had, in April 2020, entered into a two-year agreement (Output

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