DPN Topics
Section 10 (26AAA) of the IT Act 1961 Subject :Economy Section: Fiscal Policy Concept : On January 13, the Supreme Court held that the benefit of tax exemption provided in Section 10 (26AAA) shall be extended to all Sikkimese people. (Association of Old Settlers of Sikkim vs Union of India) Before this judgment, […]
Potential enlargement of the European Union Subject : International Relations Section: Groupings Concept : There are eight recognised candidates for membership of the European Union: Turkey (since 1999), North Macedonia (2005), Montenegro (2010), Serbia (2012), Albania (2014), Moldova (2022), Ukraine (2022), and Bosnia and Herzegovina (2022). Kosovo (whose independence is not recognised by […]
Green channel Subject: Economy Section: Msc Concept: Keeping in view the needs of the market and the best practices in other jurisdictions, the Commission, vide notification dated August 13, 2019, amended Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011, and introduced an automatic system […]
Products available in the Secondary Market Subject :Economy Context: Adani issue Concept: Following are the main financial products/instruments dealt in the secondary market: Equity: The ownership interest in a company of holders of its common and preferred stock. The various kinds of equity shares are as follows:- Equity Shares: An equity share, commonly referred […]
SC junks plea seeking bar on twin candidature in polls Subject: Polity Section: Elections Context: A PIL was filed to restrict a candidate from contesting the Lok Sabha and Assembly elections simultaneously from more than one constituency. Details: The SC said in the absence of any manifest arbitrariness in Section 33(7) of the […]
SC Allows Adoption of Child of 20-Year-old Student who Sought Abortion of 29-Week Pregnancy Subject: Polity Section: Judiciary Context: The Supreme Court invoked its extraordinary power under Article 142 to allow the adoption of a child after the delivery of a 20-year-old student who was carrying a 29-week unwanted pregnancy. Solicitor General Tushar […]
Additional Surveillance Mechanism Subject : Economy Section: Capital Markets Concept : The National Stock Exchange (NSE) placed Adani Enterprises, Adani Ports, and Ambuja Cements under the additional surveillance mechanism (ASM). The move comes as shares of Adani group companies continue to fall in the wake of accusations of stock manipulation. Additional Surveillance Mechanism […]
Deer could be reservoir of old coronavirus variants Subject : Science and technology Section :Health Concept : The alpha and gamma variants of the coronavirus continued to circulate and evolve in white-tailed deer, even after they stopped spreading widely among people, a new study suggests. For the new study, Diel and his colleagues […]
Angel Tax extended to foreign investors Subject : Economy Section :Fiscal Policy Concept : In Budget 2023-24, the government has proposed to extend the so-called ‘angel tax’ provisions to transactions involving foreign investors. According to the proposal, the excess premium received on sale of shares by an Indian unlisted company to a foreign […]
Deep Ocean Mission gets Rs 600 crore Subject : Geography Section: Economic Geography Concept : The Centre’s Deep Ocean Mission, which aims to explore marine biodiversity for the sustainable use of resources, has been allocated Rs 600 crore in the Union Budget 2023-2024. The government has doubled the allocation from last year’s revised […]