Headlines Of The Day 20/12/2023

 

 

LS Clears CGST Second Amendment Bill, Boosts Tax Reforms: 

The Lok Sabha has approved the Central Goods and Services Tax (Second Amendment) Bill, 2023, amending the CGST Act, 2017. The bill enables the central government to establish an Appellate Tribunal with provisions to raise the age limit for the Tribunal\’s President and members. The age limit for the President is increased from 67 to 70 years, and for members, it is raised from 65 to 67 years. Read More

 

 

IMF: India Emerges as Star Performer, Projected to Contribute Over 16% of Global Growth : 

According to the International Monetary Fund (IMF), India is positioned as a star performer, set to contribute over 16% to global growth. The IMF\’s annual Article IV consultation with India highlighted the nation\’s robust growth, attributed to key economic reforms in areas such as digitization and infrastructure. India is recognized as one of the fastest-growing major economies globally for the current year, thanks to its prudent macroeconomic policies. Read More

 

 

New Multinational task force to counter Houthi threat in Red Sea : 

US Launches Multinational Task Force \’Operation Prosperity Guardian\’ to Counter Houthi Threat in Red Sea. Ten-Nation Initiative Involves Navies of Bahrain, Canada, France, Italy, Netherlands, Norway, Seychelles, Spain, and the United Kingdom. Read More

 

 

Broadcasting Services Bill 2023 : 

The Centre has announced the \’Broadcasting Services (Regulation) Bill 2023\’ to replace the existing \’Cable Television Networks (Regulation) Act 1995\’. Information and Broadcasting Minister Anurag Singh Thakur stated that the new bill aims to streamline regulations and will extend its oversight to OTT content and digital news. Read More

 

 

PM Modi and Israeli PM Netanyahu Discuss Israel-Hamas Conflict in Telephonic Conversation : 

Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu had a productive phone call discussing the Israel-Hamas conflict. They shared concerns about maritime traffic safety. Modi reiterated India\’s consistent support for peace, stability, and humanitarian assistance. Netanyahu briefed Modi on recent developments, and Modi emphasized a peaceful resolution through dialogue, including the release of hostages. Read More

 

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