Subject: IR Context: As the pandemic stifles economic activity, experts kept warning of a much harsher recession in the Gulf. Concept: Persian Gulf, the body of water is surrounded by eight countries Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates GCC The Gulf Cooperation Council (GCC) is a political and […]

Table Of Contents Direct Tax Buoyancy, Revenue Foregone, Tax Base Mission Sagar Persian Gulf and GCC Environment Performance Index Assam Gas Leak 1. Direct Tax Buoyancy, Revenue Foregone, Tax Base Subject: Economy Context: The gross direct tax collection in 2019-20 fiscal dipped 4.92 per cent to Rs 12.33 lakh crore on account of reduction in […]