APSC Prelims and Mains Notes, APSC Test Series
Ans: Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced … Read more
Shell companies are typically corporate entities which do not have any active business operations or significant assets in their possession. A shell company may be a legal entity or not. Issues associated with shell companies: There is no clear definition of shell companies. Even under the companies act they are not defined. Out of the … Read more
Environmental concerns of tourism industry, both positive and negative effects including climate change with reference to Himachal Pradesh Environmental concerns of tourism All too often, the environment is the ultimate victim of development and expansion. Growth pressures have seen Dharamshala’s boundaries encroach on previously untouched land as the local population and tourist demands … Read more
Dichotomous Australian Foreign Policy- Historically, a key problem with Australia’s bilateral relationships has been the misalignment of Australia’s economic and political-security interests. While Australia is reliant on the US for its defence and security through the Australia-New Zealand-US treaty, its economy depends on China, which accounts for a huge share in bilateral trade and investment. Challenges … Read more
Paid news or paid content are those articles in newspapers, magazines and the electronic media which indicate favourable conditions for the institutions that has paid for it. The news is like an advertisement but without ad tag. Issues with paid news: Serious malpractice as it deceive citizens. Payment mode violate tax laws and election spending … Read more
Appointment of governor. Reservation of bill by governor for President assent. Allegation of use of central agency to serve political vendetta. Appointment of civil servants and Management of All India services. Control over finance. Role of planning commission now NITI aayog in approving state subjects. Appointment of enquiry commissions against the chief minister. Control … Read more
Electoral Bonds have been proposed as a way of reforming election funding in the Union Budget 2017. Electoral bonds will be issued by a notified bank for specified denominations. Those who want to donate to a political party, can buy these bonds by making payments digitally or through cheque. Then they are free to gift … Read more
Industrial sector is a crucial sector for sustainable growth of India. The sector growth rate and its contribution to overall growth is not sufficient enough for achieving double digit growth. The benefit of achieving industrial growth is that it is employment friendly and it is a self priming system. The constraints in the development of … Read more
Concerns and challenges use of science and technology Digital technology and problems Social Media is an entirely different issue, especially with the upcoming generations. Without Facebook, Snapchat, Twitter, Instagram and more, where would tweens and teenagers find themselves today. They physically cannot function without staying updated with the newest social media craze. News … Read more