Archive

India-US Extradition Treaty

Current Affairs 12-Apr-2025

Recently, Tahawwur Rana, an accused in the 26/11 Mumbai attack, has been extradited from the US to India. Extradition treaties in India are governed by the 'Extradition Act, 1962'.

INHERITANCE TAX

Current Affairs 12-Apr-2025

Inheritance Tax is a direct tax levied on individuals who inherit assets or property from a deceased person. 

Panchayat Advancement Index

Current Affairs 12-Apr-2025

The Ministry of Panchayati Raj launched the Panchayat Advancement Index (PAI) to measure the overall development of Gram Panchayats.

Inverted Duty Structure (IDS)

Current Affairs 12-Apr-2025

Inverted Duty Structure (IDS) is a phenomenon within the indirect tax system, particularly under the Goods and Services Tax (GST), where the import duties on raw materials or input goods are higher than the tax rates levied on finished goods.