15th FC report
The Fifteenth Finance Commission (FC), in its report for fiscal year 2020-21, has recommended a marginal reduction in the vertical devolution of the divisible tax pool to 41 per cent from the prevailing 42 per cent.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22759-15th-fc-report.html
#FCreport #15thFCreport #FC #NirmalaSitharaman


Immunity scheme for tax disputes
The government has introduced an immunity scheme — Vivaad se Vishwas — for five months (till June 30) for citizens to settle disputes on income tax, offering relief from a “vexatious litigation process”, said Finance Minister Nirmala Sitharaman.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22758-immunity-scheme-for-tax-disputes.html
#taxdisputes #incometax #NirmalaSitharaman #SVLDRS #Immunityscheme


“Notorious” Antarctic glacier’s foundation
Using a robotic submarine, researchers have taken the first-ever images of the Antarctic Thwaites glacier’s foundations, a step towards better monitoring of the ice sheet which is notorious for its contributions to sea-level rise.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22757-notorious-antarctic-glacier-s-foundation.html
#Notorious #Antarcticglaciers #icesheet #roboticsubmarine


Paralympic Committee of India
Decorated para-athlete and India's lone woman Paralympic medallist Deepa Malik has been elected as president of the Paralympic Committee of India though the results of the elections are subject to a pending case in the Delhi High Court.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22756-paralympic-committee-of-india.html
#ParalympicCommittee #DeepaMalik #RioParalympicGames #PadmaShri