Cabinet approves raising of
17 Indian Reserve Battalions by J&K and LWE States
The
Union Cabinet headed by Prime Minister Shri Narendra Modi has approved the
raising of 17 India Reserve Battalions (IR Bns) by Jammu & Kashmir and Left
Wing Extremism (LWE) affected States. It includes five IR Bns in the state of
J&K, four IR Bns in Chhattisgarh, three IR Bns in Jharkhand, three IR Bns
in Odisha and two IR Bns in Maharashtra.
Key pints:
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Local youths will be recruited. To achieve this, the States will relax the age
and educational criteria, if required.
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In respect of the 05 IR Bns to be raised by J&K, 60% of the vacancies will
be filled from the border districts of J&K for the posts of constables and
class IV.
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For LWE states, 75% of the vacancies of constables will be filled up from 27
core districts under Security Related Expenditure (SRE) Scheme.
India and Armenia Sign
Protocol amending the India-Armenia Double Taxation Avoidance Convention
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Government of India and the Government of Armenia signed a Protocol to amend
the existing Double Taxation Avoidance Convention.
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The Amending Protocol was signed by Shri Arun Kumar Jain, Chairman, Central
Board of Direct Taxes(CBDT), on behalf of Government of India and by H.E. Mr
Armen Martirosyan, the Ambassador of Armenia to India, on behalf of the
Government of Armenia.
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The Protocol amends the Double Taxation Avoidance Convention between
India and Armenia that has been in existence since 9th
September, 2004.
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The Protocol will enable the two countries to exchange information related
to financial and banking transactions under the Double Taxation Avoidance
Convention, and thereby facilitate them in addressing tax evasion. It is also
expected to further strengthen the efforts of Government of India in curbing
generation of black money.
Rajasthan Government inks MoU
to join UDAY Scheme
Rajasthan
Government along with its power distribution companies (DISCOMS) has signed a
MoU to join UDAY (Ujwal Discom Assurance Yojana) Scheme. State DISCOMS part of
this MoU are Jaipur Vidyut Vitran Nigam Limited (JVNL), Jodhpur Vidyut Vitran
Nigam Limited (JVVNL) and Ajmer Vidyut Vitran Nigam Limited (AVNL).
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Rajasthan became third state to sign the MoU under UDAY scheme after Jharkhand
and Chhattisgarh. By joining the UDAY Scheme, discoms in Rajasthan will be able
to overcome permanent and sustainable solution for their debt-ridden utilities
and achieve financial stability and growth.
150th birth anniversary of
Lala Lajpat Rai
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150th birth anniversary of great freedom fighter Lala Lajpat Rai also known as Punjab
Kesri is being celebrated 28th January 2016.
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Born at Dhudi Ke village in Moga district Punjab.
India overtakes Thailand as
world's largest rice exporter
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India has overtaken Thailand as the world's largest rice exporter in 2015,
shipping 10.23 million tones.
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Thailand exported 9.8 million tonnes of rice in 2015, down 10.8% year-on-year.
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He attributed the downturn to the global economy's contraction, especially
among countries with high rice demand.
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Thailand ended 2015 behind India for rice exports. India sold 10.23 million
tonnes of rice. Vietnam was third globally while China remained the number one
importer of rice.
31 OECD members signed
corporate tax avoidance deal
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31 Organisation for Economic Co-operation and Development (OECD) members
have signed corporate tax avoidance agreement in a bid to stem fiscal
(tax) evasion by multinational companies (MNCs).
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The new agreement is about sharing information between members rather
than a new tax law.
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Under it, signatory members have to share information on tax issues of MNCs. It
will primarily focus on country-by-country tax reporting of MNCs between
members.
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