Subject: Economy Context: One year has passed since, the Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement) Act, 2019 was notified. Concept: The Act categorizes production, manufacture, import, export, transport, sale, distribution, storage, and advertisement of e-cigarettes and similar devices as cognizable offences. The Act stipulates that persons found […]
Subject: Economy Context: Global tax rules must be rewritten to bring in more transparency and make tax revenues available for development. Concept: A report was jointly launched by Tax Justice Network, Public Services International and the Global Alliance for Tax Justice. Called “State of Tax Justice 2020” that tells us how much each country in […]
Subject: Economy Context: The Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday decided to keep repo rate unchanged at 4 per cent. The reverse repo rate stays at 3.35 per cent. The RBI last changed policy rate on May 22. Concept: The key lending rate of the RBI or the repo […]