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want fo be start but th Page 12: India helped Maldives restore democracv, savs Gavoom India played a "positive" role along with other international partners in restoration of democracy in Maldives by "exerting pressure" on the ruling regime, and the new government in the island nation would be "sensitive" towards 's "concerns", said former . p Maldivian President Maumoon Abdul Gayoom rev Nearly a month after he was released from jail, Mr. Gayoom said the government of President Abdulla Yameen inflicted "huge damage" on Maldives but democratic forces have prevailed over their "enemies" Joint opposition leader Ibrahim Mohamed Solih came out victorious in the September 23 nke presidential election, handing a shock defeat to Mr. Yameen. cause ferent ' Asked whether Mr. Yameen drew his strength from strong backing by China, Mr. Gayoom s hoped that Beijing would respect the will of the Maldivian people. Describing India as the "closest and most trusted ally", he said it was in the interests of all countries that there is stability in the Indian Ocean region. kand stay
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want fo be start but th Page 13: Depreciating rupee comes as no solace to exporters Effect on Exports Exporters in India are not happy with the current policy and exchange rate situation even though they should be cheering the p depreciating rupee. Depreciating rupee rev A combination of higher input costs, uncertainty over tariffs, and the fact that the government has said it would not be refunding them the Integrated Goods and Services Tax (IGST) they have paid, has meant that exports contracted in September for the first time in six months. A depreciating rupee should ideally be good for exporters, since it means that India's exports are relatively cheaper than they were before. However, export bodies such as the Federation of Indian Export Organisations (FIEO) have said that this benefit is not passing through to exporters. ink h cause ferent - Higher input costs PLI GSP IGST kand stay
but th Costlier capital goods According to FIEO, the depreciation has resulted in an increase in the cost of imported capital goods, inputs and various services used by exporters paid in foreign currency Apart from this, the exporters say that depreciating currencies in some of their biggest export . destinations such as West Asia, Africa, and certain parts of Asia, has meant that buyers in neg these areas have also begun asking for discounts. pl While these factors are not completely in the government's control, exporters complain that there are other issues where decisive government policies could go a long way in improving confidence in the sector and easing their financial troubles. cause ferent pu kand stay
want fo be start but th GSP issue . Several exporters have complained that the confusion surrounding India's eligibility for the U.S. Generalised System of Preferences has meant that many advance orders, which ordinarily would have gone to Indian companies, are now being diverted to exporters in Sri Lanka, Bangladesh, and Vietnam y has veFurther compounding this issue is that there is a complete lack of clarity among exporters on he # whether India's exports currently can get the GSP benefits or not. he GSP is a system where the U.S. allows certain eligible countries to export about 3,500 commodities to the U.S, on a duty-free basis Earlier this year, the U.S. said it would be reviewing India's eligibility for this benefit. In the meantime, while the Indian government has maintained that India's exporters are still eligible for the GSP benefits until the review is completed, major export bodies have said their exporters have not received these benefits since December 2017 ink h cause t ferent PLI . Others, however, say that they are receiving the benefits. It is up to the Indian government to uy, Ivis clarify this situation with the U.S. government. The Commerce Ministry has also been somewhat casual about this issue, the exporters say, with officials shrugging the issue off by* kand stay saying that Indian businessmen have been canny enough to invest in countries that are still eligible for GSP benefits, and so they have been able to indirectly avail of those benefits through that route.
want fo be start but th IGST issue . The government has also maintained a stubborn stance on IGST refunds., say exporters . The Centre argues that since the exporters have been receiving duty drawback on input taxes paid, they are not eligible for IGST refunds ph reeExporters say this view lack skews the playing field in favour ofexporters operating in a single State. An exporter with operations in one State is eligible for Central GST and State GST refunds, but an exporter with operations across States gets no IGST refund. Many ofthem say the bulk of their working capital-in many cases more than 50%-is tied up in IGST refunds. ink h cause pu kand stay
want fo be start but th Page 14:Of taxes and BURDENS Of taxes and STAGNANT RATIO: While direct tax collections SMALL SHIFTS: Since FY2012, the corporate tax-GDP ratio had been on the decline, before rising in FY2018 gone up, the direct tax-GDP ratio has not grown significantly 7% Direct Tax- GDP ratio Indirect Tax- GDP ratio GDP ratio The direct tax base has widened in the last five years with more people having been added to the lower tax brackets (the bottom 99%). This strata's share in the tax paid has also increased. Yet, the direct tax-GDP ratio has not increased significantly Vignesh Radhakrishnan statistics of direct tax data 6%). Meanwhite, the personal in- come tax-GDP ratio has risern consistently, lately ph reve he g 2.50% into government BASE WIDENS: There has been a significant growth in the number of direct tax returns filed in the last five years The direct tax-GDP ratio reached a peak in FY2008 Personal income tax GDP ratio 7 cr 4 STATES OF TAX: Maharashtra contributed a whopping 38% of the overa direct taxes in FY18, Chart plots the tax share of each State in FY18 vs change in tax share since FY13 THE 9996 PAY MORE TAX: In FY13, 75.9% of the total tax paid came from the top 1% of those who filed returns (with various incomes No. of direct tale turns filed ink h cause greater than 15 lakh). The top 1% (which remained the same) paid tax only to the extent of 72.3% in FY2018. Effectively, in the last five years, there has been a signif- icant accretion in the less than 15 lakh group, who paid 27.7% of the overall taxes as compared to 24.1% in FY13 60 Tamil Delhi Contribution Maharashtra has grown by more than 60% FY14 FYS FY16 FY17 FY18 PLI put 40 20 % of tax payers within the two Contribution by these States have kand stay gone down since 2013 Range (groups) FY2013 FY2018 0 to 15 lakh 98.89% | 98.89% eUttar Pradesh 15 lakh & above 1.1% 1.1% 0 5 105 20 25 30 35 40 TAX CONTRIBUTION IN FY18 (% %Of tax paid by the two groups Range (groups)FY2013 FY2018 24.14% | 27.65% | 75.86% | 72.35% 0 to 15 lakh 15 lakh & above arded es that IP
want fo be start but th Page 18: Moths are kev pollinators in Himalavan ecosvstem Moths are widely considered as pests, but a recent study by scientists of Zoological Survey of India (ZSI) has revealed that these group of insects are pollinators to a number of flowering plants in the Himalayan ecosystem reveThe study was carried out in states such as Arunachal Pradesh, Sikkim and West Bengal Experts also pointed out that similar studies on ascertaining the role of moths in pollination are underway in different parts of the world The study was unique, as scientist are looking at a new group of insects (moths) as pollinators. Usually bees, wasps and butterflies are considered as prominent pollinators. About 90% ofthe world's flowering plants are pollinated by animals. Therefore, pollinators are essential for the genetic exchange among flowering plants and the biodiversity amongi pur plants. In India, estimates put the number of moth species at nearly 12,000. Researchers have pointed out that almost two-thirds of common large moth species have declined over a period of 40 years in many parts of the world One of the main reasons for the decline is the increase in ecological light pollution, especially in areas inhabited by moths. . ferent . kand stay . .
.dI 8196 11:56 Thank you Jatin Verma 155k Followers Follow Ratings & Reviews Roman Saini A great course by Jatin Verma where he has literally covered all the important news from The Hindu. Must watch. Mohit Rai If i achieve my aim, my first salary will go to this great individual making this great informative and well-researched videos. I should take this opportunity to thanlk and congratulate him for the wonderful work he is doing for all the aspirants. He is meticulous and almost perfect in his approach and understanding. Please keep making such videos as a single 26k Enrollments Enroll