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General Studies (Mains)

Exempt Exempt Exempt

Exempt refers to being free from an obligation or duty. In legal contexts, it often applies to taxes or regulations. Certain groups may be exempt due to specific criteria. This can include charitable organisations or low-income individuals. Exemptions can influence economic behaviour. They may encourage donations or support for social causes. Understanding exemptions is crucial in law and governance.

Income Tax Department Offers Respite to DPIIT-Registered Startups from Angel Tax Scrutiny

The Income Tax Department has issued a clarification to its field formations, exempting startups registered with the Department...

 October 17, 2023

Dedicated CAA Portal in the Works

The Citizenship Amendment Act (CAA) has been a subject of discussion and debate in India since its inception...

 October 16, 2023

Overseas Citizenship of India (OCI)

India has initiated the cancellation of the registration of over a dozen Overseas Citizenship of India (OCI) cardholders...

 September 26, 2023

Agriculture Infrastructure and Development Cess (AIDC)

The Indian government has recently granted an exemption from the 15 percent Agriculture Infrastructure and Development Cess (AIDC)...

 September 4, 2023

Rethinking India’s Fiscal Federalism

India's constitution, a unique blend of a holding-together federation with a unitary orientation, has demonstrated remarkable resilience over...

 August 28, 2023

Digital Personal Data Protection Bill, 2023

The Lok Sabha's recent decision to introduce the Digital Personal Data Protection Bill, 2023 marks a significant step...

 August 12, 2023

Coastal Aquaculture Authority (Amendment) Bill, 2023

The recent approval of the Coastal Aquaculture Authority (Amendment) Bill, 2023 by both Houses of the Parliament of...

 August 10, 2023

Japan Exempts Import Inspection Of Indian Black Tiger Shrimps

Japan has lifted the inspection of Indian Black Tiger Shrimps completely. This was done after the export consignments...

 December 11, 2020

Delhi Government Exempted Battery-Operated Vehicles From Road Tax

The Delhi Government Transport Minister Kailash Gahlot has announced that the Delhi Government has decided to exempt road...

 October 12, 2020

China Grants Tariff Exemption to 97% of Bangladesh Exports

Recent news headlines have been dominated by China's announcement to exempt tariffs on 97% of exports from Bangladesh....

 June 19, 2020

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