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Surge in Tax Concessions for Political Donations

Context: Recent financial data shows a notable increase in tax concessions for donations to political parties, with nearly Rs 4,000 crore granted in the fiscal year 2022-23. This rise underscores the growing trend of using tax deductions to support electoral funding and highlights broader shifts in political finance and its impact on fiscal policy. Relevance: […]

Current Affairs 01 August 2024

CONTENTS Surge in Tax Concessions for Political Donations Context: Recent financial data shows a notable increase in tax concessions for donations to political parties, with nearly Rs 4,000 crore granted in the fiscal year 2022-23. This rise underscores the growing trend of using tax deductions to support electoral funding and highlights broader shifts in political […]

PIB Summaries 01 August 2024

CONTENTS NITI Aayog’s 9th Governing Council Meeting Discusses India’s Development Vision for 2047 Context: In the 9th Governing Council Meeting of NITI Aayog, chaired by the Prime Minister, leaders from 20 states and 6 union territories gathered to discuss the “Viksit Bharat @2047” theme. The meeting aimed to establish a comprehensive framework for India’s progress […]

Editorials/Opinions Analysis For UPSC 01 August 2024

CONTENTS Small Modular Reactors and the Cost of Proliferation Resistance Context: Nuclear energy plays a crucial role in the global energy mix as it awaits the development and advancement of other renewable energy technologies, while fossil fuel sources, particularly coal, remain relevant and more affordable. It is in this context that the Indian government plans […]