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TARGET2016
CURRENTAFFAIRS

October 2015
September 2015 |
August 2015 |
July 2015 |

February 28, 2015

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Union Finance Minister Arun Jaitley presented Union Budget 2015-16 in the Parliamen

It was the first full year Budget of the NDA government under leadership of Pr
Minister of Narendra Modi and the second budget of Arun Jaitley as Finance Minister

Highlights of Union Budget 2015-16

June 2015 |
May 2015 |

Current Affairs February 2015

Highlights of Union Budget 2015-16

Taxation
No change in the Tax slab on personal income.

April 2015 |

Wealth tax abolished.

March 2015 |

Additional 2% surcharge for the super-rich with income more than Rs. 1 crore.

February 2015 |

For next 4 years, corporate tax has been reduced to 25 percent from present
percent.

January 2015 |

Service tax increased to14 per cent.

Current Affairs 2014

Apart from CSR, 100% tax exemption for contribution to Swachch Bharat Abhiyan.

Current Affairs 2013

Current Affairs 2012
Current Affairs 2011
E-Book Compilations
CURRENTAFFAIRSCATEGORY

National Current Affairs

New projects

5 more AIIMSs in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, B
and Assam.

IIT in Karnataka. While, the Indian School of Mines in Dhanbad, Jharkhand will
converted into IIT.
2 more IIMs in Jammu and Kashmir and Andhra Pradesh.
Post-Graduation institutes of Horticulture in Amritsar, Punjab.
University of Disability Studies will be established in Kerala.

State Current Affairs

In Arunachal Pradesh, Centre of film production, animation and gaming will come u

International Affairs

For Infrastructure sector Rs. 70,000 crores allocated.

Business & Economy

Banking Current Affairs
Science & Techonlogy
Environment Current Affairs |
Bills and Acts
Defence Current Affairs

Projects in rail road and irrigation bonds will be tax free.

Infrastructure development through PPP model will be revitalised and government
bear majority of the risk.

Atal Innovation Mission will be established to draw on expertise of researchers a

entrepreneurs to foster scientific innovations. For this mission Rs. 150 cr

allocated.
5 ultra-mega power projects each of 4000MW proposed by Government
Defence

Persons in News

2,46,726 crore allocated for Defence. It is 9.87 per cent greater than last year.

Make in India campaign will take into consideration for speedy manufacturing

Places in News
Awards & Honours

Defence equipment.
Welfare Schemesand new programmes

Sports Current Affairs

Under the Swachh Bharat Abhiyan, six crore toilets across the country will be built.

Art & Culture in Current Affairs

By 2020, housing for all.

MGNREGA will get MGNREGA of Rs. 5,000 crore. It is highest allocation to
scheme.

To improve quality of life of common man, GST and JAM trinity (Jan Dhan Yoja
Aadhaar and Mobile) will be launched.

To encourage first generation SC/ST entrepreneurs, MUDRA bank will provide finan

Direct Benefit Transfer (DBT) will be further be expanded to 10.3 crore from 1 crore

Government will contribute 50% of the premium limited to Rs. 1,000 a year for the A
Pension Yojana.
9,000 crore unclaimed funds in PPF/EPF will be used for Senior Citizens Fund.
For all Indian, government will create universal social security system.
For electric cars production Rs. 75 crore allocated.

Renewable energy target for 2022: 60K MW in wind; 10K MW in biomass, 100K MW
solar and 5K MW in small hydro plants.

Under the new tourism scheme, development of churches and convents in old G

Hampi, Elephanta caves, , Jallianwala Bagh, Forests of Rajasthan, Leh pala

Varanasi Qutb Shahi tombs at Hyderabad.
Visa on Arrival (VoA) facility to be increased for 150 countries from present
countries.
As an alternative to purchasing gold, Sovereign Gold Bond will be launched.

In order to facilitate depositors of gold to earn interest and jewellers to obtain loans
their metal accounts new scheme will be launched.

Forward Markets Commission (FMC) will be merged with the Securities and Exchan
Board of India (SEBI).

Under SARFAESI Act 2002, NBFCs registered with the RBI having asset size of Rs 5

crore and above to be considered as financial institution for mid-corporate busines

and fund SME.
For Rural Infrastructure Development Bank, Rs. 25,000 crore allocated.
To support Micro Irrigation Programme, Rs. 5,300 crore allocated.
Tags: Budget Economy Socio-Ec Onomic Union Budget 2015-16

First Assamese dictionary for Science and Technology terms released

|

February 28, 2015

1 Comment

First Assamese dictionary for Science and Technology ter

was released recently. It was released by Dr Alok Kum
Buragohain, Vice Chancellor of Dibrugarh University.
Key facts

This dictionary is prepared by Asomiya Jatiya Abhidhan (A

and consists of over 40,000 words compiled in total 160-page

First of kind Science and Technology dictionary in Assamese language is conside

as a milestone in development of this language.
It also seeks to make scientific terminology simple and easily understandable by

people and particularly by students.

This scientific terminology dictionary covers almost all streams of science, includ

Physics, Chemistry, Botany, Geography, Computer Science, Zoology, Mathemat

Geology, Statistics and Astronomy among others.
Tags: Assam Languages Science & Technology

IRCTC partners with Amazon.in for online shopping

February 28, 2015

No comments

Indian Railway Catering and Tourism Corporation (IRCTC) has partnered with
commerce giant Amazon.in to provide convenient online shopping experience and
various products.

With this tie-up, IRCTC is going to offer its customers (especially Indian railw
passengers) with seamless online shopping opportunities in addition to booking tra
tickets and hotel accommodations.

In this regard IRCTC is going to provide Amazon.In a link on the IRCTC web
(www.irctc.co.in).

Thus IRCTC customers and Indian railways passengers who access the IRCTC po
now can buy wide range of products from Amazons wide distribution network.

The products will be consumer electronics, apparel, bags to toys, exotic food produ
books, shoes. It will also include pet supplies, musical instruments, personal hygi
products and many more products.
Tags: E-Commerce Indian Railways

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