Government of India has decided to exempt Integrated Goods and Services Tax (IGST) for which of the following product?

Daily Current Affairs

Food items

Cars, Bikes ,Trucks

Agriculture Products

PPE,ventilators, sanitizers, masks

Correct Answer : PPE,ventilators, sanitizers, masks

Government of India has decided to exempt Integrated Goods and Services Tax (IGST) for the imported personal protection equipment (PPE), ventilators, sanitizers, masks, and other medical equipment. Currently, GoI levies 12% IGST on most of these products. Upon considering COVID-19 pandemic, the input tax credit can be availed for the PPEs, sanitizers.

Published On : July 17, 2021

Recently Updated Current Affairs

Q .

Which IIT was awarded a patent by the Government of India on indigenously developed compact inverter?

IIT Delhi

IIT Mumbai

IIT Patna

IIT Varanasi

Correct Answer : Option (C) - IIT Patna

Indian Institute of Technology-Patna (IIT Patna) has been awarded a patent by the Patent Office of the Government of India on an indigenously developed lightweight, compact and easy-to-port inverter. IIT Patna will have the copyright on the commercial use of this technology for 20 years.

? IIT Patna has been awarded a patent on indigenously developed light weight, compact and easy-to-carry inverter by the Government of India. pic.twitter.com/Gz5PdOP5FF
— Indian Tech & Infra (@IndianTechGuide) May 1, 2024

Published On : May 2, 2024

Q .

Who has been appointed as the new director in DPIIT?

Pratima Singh

Aditi Sinha

Rajiv Shekhar

Ajay Kumar Sharma

Correct Answer : Option (A) - Pratima Singh

Pratima Singh (IRS) has been selected for the appointment as Director in the Department of Promotion of Industry and Internal Trade (DPIIT) on Wednesday (1st May 2024). According to an order issued from the Department of Personnel & Training (DoPT).

She has been selected for the appointment under the Central Staffing Scheme for a period of five years from the date of taking over charge of the post or until further orders, whichever event takes place earlier.

Singh is an Indian Revenue Service (IRS) officer of 2009-batch. She was recommended for the Central deputation by the Department of Revenue. “She may kindly be relieved of her duties immediately with instructions to take up her new assignment in Department of Promotion of Industry and Internal Trade,” the order further reads.

Published On : May 2, 2024

Q .

Who took over (1st May 2024) as the Vice Chief of the Indian Navy?

Abhay Kohli

Vinod Kumar

Abhinav Kumar

Krishna Swaminathan

Correct Answer : Option (D) - Krishna Swaminathan

Vice-Admiral Krishna Swaminathan on 1st May 2024 took charge as Vice-Chief of the Indian Navy. He was earlier serving as the Chief of Personnel.

In the Indian Air Force (IAF), Air Marshal Nagesh Kapoor assumed the post of Air Officer Commanding-in-Chief (AOC-in-C) Training Command of the IAF located in Bengaluru.

Vice-Admiral Swaminathan was commissioned into the Navy on July 1, 1987 and is a specialist in communication and electronic warfare. On assuming charge, he paid homage at the National War Memorial and later inspected a Guard of Honour on South Block lawns.

Published On : May 2, 2024