Current Affairs - August 2020-22 August Current Affairs updated on Jan 2023
ON THIS DAY IN HISTORY
1943 The Battle of Stalingrad comes to an end as the Axis Powers surrender
1922 “Ulysses” by James Joyce is published
1852 The first public flushing toilet is opened in London
For every rupee in government kitty, 64 paise come from taxes. According to the Union Budget 2020-21, goods and services tax collections will contribute 18 paise in every rupee revenue.
Budget 2020 | Finance Minister proposes ‘taxpayer’s charter’ to boost trust. The charter, which would enumerate taxpayer’s rights, would be incorporated in the Income Tax Act through suitable amendments.
Budget 2020: Non-taxpaying NRIs to be taxed in India, says FM. The Union Budget 2020 has now proposed to introduce a deeming provision that every Indian citizen who is not liable to tax in any other country, by virtue of his domicile or residence, shall be deemed as a resident of India. Consequently, his global income would be taxable in India.
Kenin beats Muguruza to win Australian Open women's title. It was the final surprise in a tournament of upsets, where Williams went out in the third round and Kenin upset Australia’s world number one Ashleigh Barty in the semi-finals.
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