DAILY CURRENT AFFAIRS:
4 FEB 2016
(Daily News India)
Shared By: WWW.DailyGk.IN
1.
FINANCE MINISTRY SETS UP 2 PANELS TO ENSURE CONSISTENCY IN TAX POLICIES
i. The finance ministry with a view to
bring consistency in taxation policy has set up two committees one under
Finance Minister and other under Revenue Secretary.
ii. The two committees would start
functioning from April 1, 2016.
iii. The two committees are:
a.
Tax Policy Council will be headed by the Union Finance Minister and it aims to have a consistent
and coherent approach to the issue of tax policy and suggest broad policy
measures for taxation.
b.
Tax Policy Research Unit
will be headed by the Revenue Secretary and will be a multi disciplinary body.
Tax Policy Research Unit will carry out studies on various topics of fiscal and
tax policies and assist the TPC in taking appropriate policy decisions.
2. ARUNA
SETHI APPOINTED AS FIRST WOMEN HEAD OF INDIAN COST ACCOUNTING SERVICE
i. Aruna Sethi is appointed as the head of Indian Cost Accounts Service .
ii. She became the first woman to be
appointed as head of the Indian cost accounting service.
iii. Indian Cost Accounts Service
is accounting service of the Government
of India started in 1978.
3.
SARANGI MAESTRO PANDIT RAM NARAYAN SELECTED FOR BHIMSEN JOSHI AWARD
i. Sarangi maestro Pandit Ram Narayan
was selected for the Bharat Ratna Pandit Bhimsen Joshi Classical Music Award
for 2015-2016.
ii. Pandit Ram Narayan is known as best
instrument sarangi master and he became the first internationally successful
sarangi player.
iii. Bhimsen Joshi Award is an annual
award started by the Maharashtra given to individuals who have excelled in classical
vocal or instrumental music.
4.
PACIFIC RIM NATIONS SIGNED TRANS-PACIFIC PARTNERSHIP AGREEMENT
i. All twelve Pacific Rim countries
signed the US led Trans-Pacific Partnership agreement in New Zealand.
ii. This is one of the biggest trade
deals in history.
iii. The trade deal will facilitate
investment between 12 countries across the Pacific Rim.
iv. The Pacific Rim are the lands
around the rim of the Pacific Ocean.
v. Pacific countries are Australia,
Cambodia, China, Papua New Guinea, the Philippines, Hong Kong, Indonesia, Laos,
Malaysia, New Zealand, Singapore, South Korea, Taiwan, Thailand, and Vietnam.
5. DJ
PANDIAN APPOINTED AIIB VICE-PRESIDENT
i. D J Pandian has been appointed
vice-president and chief investment officer
of Asian Infrastructure
Investment Bank.
ii. Asian Infrastructure Investment
Bank is set up to boost lending for infrastructure
projects in the Asia-Pacific region.
iii. It will fund infrastructural
projects such as energy, urban construction, transportation and logistics as
well as education and healthcare.
HEAD QUARTERS OF AIIB:
BEIJING, CHINA
PRESIDENT OF AIIB: JIN
LIQUN
6. KERALA
WINS 61ST NATIONAL SCHOOL ATHLETICS CHAMPIONSHIP
i. Kerala has won the 61st National
School Athletics championship in Kozhikode, Kerala.
ii. Kerala become champions in the
event for the 19th consecutive time.
7. MAJOR
GENERAL JAI SHANKER MENON APPOINTED AS UNDOF HEAD
i. Major General Jai Shanker Menon of
India has been appointed as the Head of Mission and Force Commander of the
United Nations Disengagement Observer Force .
ii. He will replace Lt Gen Purna
Chandra Thapa of Nepal.
iii. United Nations Disengagement
Observer Force was established in 1974 by United Nations Security Council after
the agreed disengagement of Syrian and Israeli forces to maintain the ceasefire
between Syrian and Israeli forces.