remittance tax Archives - Universal Group Of Institutions
India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.

*** Admissions are open for 2025-26. Courses offered - PUC (Commerce & Arts), BSc (Environmental Science), BA, B.Com, MA ***

Tag

img
20May 2025

Supreme Court Strikes Down Retrospective Environmental Clearances

Supreme Court Strikes Down Retrospective Environmental Clearances Why in the News? The Supreme Court recently invalidated the Centre’s 2017 notification and 2021 SOP allowing post-facto environmental clearances for projects that began without prior approval, citing violation of constitutional rights and environmental laws. Background on Centre’s Notification and SOP In 2017, MoEFCC allowed a one-time, six-month …

Read More
20May 2025

Core Inflation Trends Shape RBI’s Rate Cut Decisions

Core Inflation Trends Shape RBI’s Rate Cut Decisions Why in the News? Core inflation, excluding volatile food and fuel prices, is rising while food inflation falls. This reversal influences the Reserve Bank of India’s approach to monetary policy and potential interest rate cuts. Inflation Trends and RBI’s Focus: Inflation was mainly driven by food prices …

Read More
20May 2025

Israel Vows Control of Gaza Amid Starvation Crisis

Israel Vows Control of Gaza Amid Starvation Crisis Why in the News? Israel announced plans to take full control of Gaza amid intensified military operations, while the WHO warns that two million people in the blockaded Strip face starvation. Limited aid is allowed amidst escalating violence and humanitarian concerns. Escalation of Conflict and Military Operations …

Read More
20May 2025

Government Launches Revamped OCI Portal for Citizens

Government Launches Revamped OCI Portal for Citizens Why in the News? Union Home Minister Amit Shah inaugurated a revamped OCI Portal to improve digital access and user experience for over 5 million Overseas Citizens of India (OCI). The portal offers enhanced features, security, and a modernised registration process. Launch and Key Features of the New …

Read More
20May 2025

SC Ensures Uniform Pension for Retired Judges

SC Ensures Uniform Pension for Retired Judges Why in the News? In a landmark decision that’s making waves in supreme court news today india, the Supreme Court has ruled that all retired High Court judges, irrespective of their source of appointment or tenure, are entitled to uniform pension benefits, eliminating disparities in pension payments and …

Read More
20May 2025

SC Empowers HCs to Quash Domestic Violence Cases

SC Empowers HCs to Quash Domestic Violence Cases Why in the News? In a significant development for tamil news and legal circles, the Supreme Court India ruled that Indian High Courts can quash criminal proceedings under Section 12(1) of the Domestic Violence Act, 2005, using Section 482 CrPC, recognizing the serious consequences of criminal action …

Read More
20May 2025

India Not a Shelter for All Refugees: SC

India Not a Shelter for All Refugees: SC Why in the News? In the latest india news today, the Supreme Court India rejected a plea by a former LTTE member, asserting that foreigners cannot claim the right to settle in India. It upheld the Madras High Court establishment’s deportation order, reaffirming India is not a …

Read More
20May 2025

Micropicture Data at Panchayat Level Empowers Local Governance

Micropicture Data at Panchayat Level Empowers Local Governance Syllabus: GS-2: Local Self Governance, Government Policies & Interventions, Constitutional Amendments Focus: The Ministry of Panchayati Raj officially released the Panchayat Advancement Index (PAI) Baseline Report 2022-23 in April 2025. This report, also known as the pdi report, is significant because it presents validated, micro-level data for …

Read More
20May 2025

TRUMP’S REMITTANCE TAX THREATENS GLOBAL EQUITY

TRUMP’S REMITTANCE TAX THREATENS GLOBAL EQUITY Syllabus: GS-3: ● Growth and development ● Taxation Why in the News? Former US President Donald Trump has proposed a 5% tax on outward remittances as part of his “One Big, Beautiful Bill.” With the US being India’s top remittance source, this proposal threatens $33 billion (approximately ₹2.7 lakh …

Read More