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UN GLOBAL TAX TREATY

Current Affairs 14-Apr-2025

The global tax landscape is undergoing a significant transformation with the emergence of the UN Global Tax Treaty, a proposed multilateral convention under the United Nations aimed at reforming international tax rules. 

Digital Public Infrastructure

Current Affairs 14-Apr-2025

Digital Public Infrastructure (DPI) is defined as a set of shared digital systems that facilitate the delivery of public and private services to citizens at societal scale. 

Windfall Tax

Current Affairs 14-Apr-2025

A windfall tax is a one-time tax levied by governments on companies or industries that earn unexpectedly large profits due to circumstances beyond their control. 

Double Taxation Avoidance Agreement (DTAA)

Current Affairs 14-Apr-2025

In today’s globalized economy, individuals and companies often earn income across borders. 

Harichand Thakur and his contribution

Current Affairs 14-Apr-2025

Prime Minister Narendra Modi paid tribute to Shri Harichand Thakur on his birth anniversary.

Glide Bomb ‘Gaurav’

Current Affairs 14-Apr-2025

The Defence Research and Development Organisation (DRDO) successfully test fired Long Range Glide Bomb (LRGB) ‘Gaurav’ from Sukhoi-30 MKI fighter aircraft.

ADVANCE PRICING AGREEMENTS

Current Affairs 14-Apr-2025

An Advance Pricing Agreement (APA) is a formal and binding agreement between a taxpayer and a tax authority, which determines the transfer pricing methodology to be applied to certain international transactions for a fixed period in the future.

GOODS AND SERVICE TAX (GST)

Current Affairs 14-Apr-2025

Goods and Services Tax (GST) is a comprehensive, destination-based indirect tax levied on the supply of goods and services in India. 

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