Current Affairs For Bank, IBPS Exams - 29 March, 2014
Current Affairs For Bank, IBPS Exams
29 March, 2014
Tax administration reform panel
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As part of bringing in more credibility among tax payers and to streamline income tax procedures, the Government has set up a Tax Administration Reform Commission comprising officials from public and private sector agencies, Advisor to Finance Minister.
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Dr Shome, is also the chairman of Tax Administration Reform Commission (TARC).
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The Commission members comprise former chairmen of two tax boards, former Chief Financial Officer from IT service provider Tata Consultancy Services and an Ex-Vice President for Taxation from the Murugappa Group.
Russia not to intervene in Ukraine
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Russia has ruled out intervening militarily in mainland Ukraine even as it sought to shift into higher gear diplomatic efforts to resolve the worst post-Cold War crisis.
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Russia’s Foreign Minister Sergei Lavrov has said Moscow has “absolutely no intention” of moving its forces into Ukraine, in what is the most categorical refutation to date of alarmist Western reports of imminent Russian “invasion.”
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Russia, for its part, has set forth its vision for resolving the Ukraine crisis.
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In Moscow’s view, presidential elections in Ukraine, now scheduled for May 25, should be postponed and held only after the new Constitution has been approved in a national referendum.
