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IAS Exam Analysis 2016

IAS Exam Analysis 2016

The Civil Services Preliminary Exam was held on August 7, 2016. More than 5 Lakh aspirants appeared for it.

The preliminary examination consisted of objective type (multiple choice questions). Each paper was of 200 marks, carrying a total of 400 marks. The question papers were set both in Hindi and English. The blind candidates were permitted extra time of 20 minutes for each paper.

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Goods and Services Tax – GST Bill

Goods and Services Tax – GST Bill

Goods and Services Tax – GST Bill : Facts & Impact

Goods and Services Tax – GST Bill

GST or Goods and Services Tax is considered as major Tax reform policy in India.

What is GST ?

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The Goods and Service Tax or GST is a taxation system where there is a single tax in the economy for goods and services. This taxation system is meant to create a single taxation system in the entire country for all goods and services.

GST Bill: Facts

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  • Officially, the Constitution (One Hundred and Twenty-Second Amendment) Bill 2014.
  • It was introduced in the Lok Sabha on December 19, 2014 by Finance Minister Arun Jaitley.
  • The GST Bill seeks to amend the Constitution to introduce a goods and services tax (GST) which will subsumes various Central indirect taxes, including the Central Excise Duty, Countervailing Duty, Service Tax, etc. It also subsumes State value added tax (VAT), octroi and entry tax, luxury tax, etc.
  • The Bill inserts a new Article in the Constitution make legislation on the taxation of goods and services a concurrent power of the Centre and the States.
  • The Bill seeks to shift the restriction on States for taxing the sale or purchase of goods to the supply of goods or services.
  • The Bill seeks to establish a GST Council tasked with optimising tax collection for goods and services by the State and Centre. The Council will consist of the Union Finance Minister who will be the Chairman, the Union Minister of State in charge of revenue or Finance, and the Minister in charge of Finance or Taxation or any other, nominated by each State government.
  • The GST Council will be the body that decides which taxes levied by the Centre, States and local bodies will go into the GST; which goods and services will be subjected to GST; and the basis and the rates at which GST will be applied.
  • Under the Bill, alcoholic liquor for human consumption is exempted from GST. Also, it will be up to the GST Council to decide when GST would be levied on various categories of fuel, including crude oil and petrol.
  • The Centre will levy an additional one per cent tax on the supply of goods in the course of inter-State trade, which will go to the States for two years or till when the GST Council decides.
  • Parliament can decide on compensating States for up to a five-year period if States incur losses by implementation of GST.

Advantages of GST

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  1. GST is a transparent Tax and also reduce numbers of indirect taxes. With GST implemented a business premises can show the tax applied in the sales invoice. Customer will know exactly how much tax they are paying on the product they bought or services they consumed.
  2. GST will not be a cost to registered retailers therefore there will be no hidden taxes and the cost of doing business will be lower. This in turn will help Export being more competitive.
  3. GST can also help to diversification of income sources for Government other than income tax and petroleum tax.
  4. Biggest benefit will be that multiple taxes like octroi, central sales tax, state sales tax, entry tax, license fees, turnover tax etc will no longer be present and all that will be brought under the GST. Doing Business now will be easier and more comfortable as various hidden taxation will not be present.
  5. Under Goods and Services Tax, the tax burden will be divided equally between Manufacturing and services. This can be done through lower tax rate by increase Tax base and reducing exemptions.

Disadvantages of GST

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  1. Critics say that GST would impact negatively on the real estate market. It would add up to 8 percent to the cost of new homes and reduce demand by about 12 percent.
  2. Some Economist says that CGST, SGST and IGST are nothing but new names for Central Excise/Service Tax, VAT and CST and hence GST brings nothing new for which we should cheer.

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No, Pokémon Go is not reading your emails – but it could access your Google account

No, Pokémon Go is not reading your emails – but it could access your Google account

Augmented reality gaming app Pokémon Go has taken the world by storm but the iOS version of the game is causing privacy concerns over how much data it has access too.

The Apple version of the hugely popular game – so popular in fact, Nintendo has seen a massive valuation boost since its launch on July 4 – has permission to access a vast array of personal data from Google accounts.

Pokémon players logging into the iOS app with Google accounts grant it certain access permissions by default. But unlike other applications, the game doesn't display what permissions will be granted. As first noted by computer architect Adam Reeve, the app for iOS is granted permission to access Gmail, Google Drive data, and full access to all data in the Google account.

A statement from the company, which was previously owned by Google, implies it wasn't aware of the access settings until it was approached by third parties. "We recently discovered the Pokémon Go account creation process on iOS erroneously requests full access permission for the user's Google account," its response said.

"However, Pokémon Go only accesses basic Google profile information (specifically, your user ID and e-mail address) and no other Google account information is or has been accessed or collected."

pokemon go

Niantic's statement on the issue continued: "Once we became aware of this error, we began working on a client-side fix to request permission for only basic Google account information, in line with the data we actually access. Google has verified that no other information has been received or accessed by Pokémon Go or Niantic.

The California-based company said Google "will soon reduce" the permissions to the "basic profile data" the game needs and users don't need to do anything.

The permissions issue only relates to the iOS version of the game and is not the case with the Android download. Android players have had their own problems though.

A malicious version of the Android app has inbuilt backdoors that siphon user data and puts phones at risk.

 

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50 Free Ways To Increase Your Instagram Followers :  This article will help by giving you 50 ideas for increasing your followers and getting them to interact with your posts. You’ll notice that many of the ideas below are focused on increasing engagement (likes and comments), and here’s why: lasting engagement naturally leads to followers.

how to get more insta

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UPSC Result: Reserved Trail General Category Students

An Analysis of General Vs Reserved Category  (UPSC Result: Reserved Trail General Category Students)

Candidates in reserved categories — SC, ST and OBC — fare somewhat poorly in the UPSC result for Civil Services Examination compared with candidates in the general category — and this is true for both the written and interview stages of the exam, according to an analysis of marks by the Indian Express.

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