January 07 2021
PRELIMS SNIPPETS
Longitudinal Ageing Study of India (LASI)
Status of residence to Specified skilled workers in Japan
Perform Achieve and Trade (PAT) scheme
Atmanirbhar Bharat Rojgar Yojana
Regulations for operating a Bullion Exchange in the IFSC
Declaration of Dividend by NBFCs
National Strategy for Additive Manufacturing
Basavanna and his contributions
MAINS ARTICLE
Retrospective taxes and arbitration
MOULD YOUR THOUGHT
The recent victory of Cairn over India in the retrospective taxation case has brought into fore the loopholes of Indian taxation system. Discuss.
Approach to the answer:
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- Define retrospective taxation
- Write about recent Cairn case
- Write why the ruling went against India’s interests
- What needs to be done to deal with bilateral treaties?
- Conclusion
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