www.tnpsc.academy – TNPSC Current Affairs November 10, 2017 (10/11/2017)
Topic : General Administration, Public Awareness, Welfare Oriented Schemes and their Utilities
23rd GST Council Meet – Guwahati
23rd meeting of the Goods and Services Tax (GST) Council headed by Union Finance Minister, Arun Jaitley was held in Guwahati, Assam on November 10, 2017.
Decisions taken during this meeting of GST council has brought in a comprehensive overhaul of GST rates.
Besides return filing has been eased and more relief has been provided to small and medium enterprises.
GST rate on 177 items has been reduced from 28% to 18%.
Some of the items for which GST rate has been reduced from 28% to 18% include chewing gum, dental hygiene products, chocolate, aftershave, detergent, marble, custard powder, deodorant, nail polishes and creams.
Besides, 13 items have been moved from 18% to 12% slab, 6 items from 18% to 5% slab, 8 items from 12% to 5% slab and 6 items from 5% to nil.
The new tax rates will come into effect from November 15, 2017.
GST is a destination-based, single indirect tax that is levied on consumption of goods or use of services across India.
Topic : India’s Foreign Policy, General Administration, World Organization
India re-elected as member of UNESCO’s executive board
India got re-elected as a member of the Executive Board of the UN Educational, Scientific and Cultural Organization (UNESCO).
The executive board is the top decision- making body of UNESCO.
General Conference sets programmes and the budget of the UNESCO, elects the members of the executive board and also appoints the director-general, every four years.
Topic : Latest Diary of Events
India – world’s top sulphur dioxide emitter
Researchers in the University of Maryland in the US released the study of sulphur dioxide emitter.
The study says that, India’s emissions of the air pollutant sulphur dioxide increased by 50 % since 2007, while China’s fell by 75 %.
Sulphur dioxide is an air pollutant that causes acid rain, haze and many health-related problems.
It is produced predominantly when coal is burned to generate electricity.