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1-Long-Term Capital Gains Tax To Come Into Effect From 01st April

Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding Rs 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.
Besides, other tax proposals like the reduced corporate tax of 25 percent on businesses on a turnover of up to Rs 250 crore and a standard deduction of Rs 40,000 in lieu of transport allowance and medical reimbursement, will come into effect from 01st April 2018.

2-NASA To Send First Mission To Study ‘Heart’ Of Mars

NASA is all set to send the first-ever mission dedicated to exploring the deep interior of Mars. Scheduled to launch on 5 May, InSight—a stationary lander—will also be the first Nasa mission since the Apollo moon landings to place a seismometer, a device that measures quakes, on the soil of another planet.
InSight or the Interior Exploration using Seismic Investigations, Geodesy and Heat Transport mission, carries a suite of sensitive instruments to gather data.

3-Prakash Javadekar Inaugurates Smart India Hackathon Grand Finale 2018-Software Edition

Human Resource Development Minister Prakash Javadekar has inaugurated the Smart India Hackathon Grand Finale 2018 -Software edition in New Delhi. He stated that Hackathon aims to build Digital India and to engage the youth directly in nation-building. it is intended to promote innovation, out-of-the-box thinking in young minds.
One lakh students from 1,200 colleges are participating at the world’s largest Hackathon. 

4-Cabinet Approves MoU Between India And Canada On IPRs

The Union Cabinet chaired by PM Narendra Modi has given its ex-post approval for MoU between India and Canada. The MoU was signed to establish bilateral cooperation activities in the field of Intellectual Property (IP).The MoU is intended to promote innovation, creativity and economic growth in both countries.
The MoU establishes a broad and flexible framework through which both countries can exchange best practices and work together on training programs and technical exchanges to raise awareness on IPRs and better protect intellectual property rights (IPRs).

5-Madhya Pradesh Has The Highest Number Of Tribal Habitations In The Country

Madhya Pradesh has the highest number of  55770  fully covered tribal habitations with the safe drinking water in the country followed by Odisha and Jharkhand.
The Ministry of Drinking Water and Sanitation has informed that under the Scheme ‘National Rural Drinking Water Programme (NRDWP), 10% of the total allocation of funds is earmarked to be used for the supply of drinking water to Scheduled Tribe (ST) dominated habitations.

6- SC Appoints Justice Jawad Rahim As Acting Head For NGT

The Supreme Court appointed Justice Jawad Rahim—a former judge of the Karnataka High Court—as acting chairman of the National Green Tribunal (NGT), three months after the previous chairperson retired. The NGT’s previous chairman, Ju  Jawad Rahim— justice Swatanter Kumar—a former Supreme Court judge—retired in December 2017.
Currently, a Judicial Member of the NGT, Justice Rahim was chosen over due to his seniority over other judges—including another senior judge, Justice Raghuvendra S Rathore.

 

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