Home Daily Updates IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 02 - AUGUST - 2016
IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 02 - AUGUST - 2016
Wednesday, 10 August 2016 05:29

 

 

 


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DAILY NEWS UPDATES

02- AUGUST - 2016

RANI SINGH NAIR TAKES OVER AS CHAIRPERSON OF CBDT

Senior Indian Revenue Service (IRS) officer Rani Singh Nair took over as the Chairperson of Central Board of Direct Taxes (CBDT).

Nair’s predecessor Atulesh Jindal, who was appointed CBDT chief in February 2016, retired on 31 July 2016.

After the appointment, Nair will oversee effective execution of the ambitious one-time domestic black money disclosure programme, also called the Income Declaration Scheme (IDS).

Who is Rani Singh Nair?

Nair is a 1979-batch IRS officer of the Income Tax cadre.

She worked as member (Legislation and Computerisation) at CBDT.

She has been instrumental in framing the procedures and protocols that led to the roll-out of the Income Declaration Scheme (IDS) on June 1 2016. The scheme aims at bringing undisclosed income and assets into the tax net.

About Central Board of Direct Taxes

The Central Board of Direct Taxes provides essential inputs for policy and planning of direct taxes in India.

It is the policy-making body of the Income Tax Department under the Union Finance Ministry.

It is a statutory authority functioning under the Central Board of Revenue Act, 1963.

The Chairperson of the CBDT is the senior-most IRS civil servant in the Government of India.

The Chairperson of Central Board of Direct Taxes is the ex officio Special Secretary to the Government of India and also cadre controlling authority of the Indian Revenue Service.

The CBDT Chairperson is placed above the officers of the rank of Lieutenant-General, Vice-Admiral or Air Marshal, CBI Director and Deputy Comptroller and Auditor General in the Order of Precedence.

STRATEGIC FORCES COMMAND EXEMPTED FROM AMBIT OF RTI ACT, 2005

The Strategic Forces Command (SFC), which forms part of the National Command Authority (NCA), was added to the Second Schedule of the Right to Information Act (RTI), 2005.

In this regard, Union Government issued a notification mentioning SFC has been brought under sub-section (2) of Section 24 of the RTI. The Section 24 of the RTI exempts security and intelligence establishments from its purview.

Section 24 of the RTI Act 2005: It says that RTI Act, 2005 is not applicable to the intelligence and security organisations specified in the Second Schedule. However, the only exception these organisations have is for information on allegations of corruption and human rights violations.

Second Schedule of the RTI Act 2005: It includes 26 intelligence and security agencies under its ambit. Some of them are (i) Intelligence Bureau (IB), (ii) Research and Analysis Wing (RAW) of the Cabinet Secretariat (iii) Directorate of Revenue Intelligence (DRI), (iv) Special Frontier Force (SFF), (v) Border Security Force (BSF) (vi) National Security Guards (NSG) and (Vii) Assam Rifles.

Section 8 of the RTI Act 2005: It says that there shall be no obligation on Government to provide any citizen information which will affect (i) India’s sovereignty and integrity (ii) security (iii) strategic scientific or economic interests of state and (iv) relations with foreign States or (v) will lead to incitement of an offence.

About Strategic Forces Command (SFC)

• It is a tri-Service command that forms part of India’s Nuclear Command Authority (NCA).

• It was created on 4 January 2003 by an executive order of Cabinet Committee on Security (CCS) headed by then Prime Minister Atal Bihari Vajpayee.

• It is responsible for the management and administration of the country’s tactical and strategic nuclear weapons stockpile.

• It is headed by a Commander-in-Chief of the rank of Air Marshal. The first commander-in-chief of SFC was Air Marshal Teja Mohan Asthana.

About Nuclear Command Authority (NCA)

• It is India’s nodal authority responsible for command, control and operational decisions regarding India’s nuclear weapons programme.

• It has Executive Council and Political Council. The Executive Council is chaired by the National Security Adviser (NSA). The Political Council is chaired by the Prime Minister.

• The NCA’s directives are executed by the Strategic Forces Command.

PATNA PIRATES BEATS JAIPUR PINK PANTHERS TO WIN PRO KABADDI LEAGUE SEASON 4

The Patna Pirates won the fourth edition of Pro Kabaddi League by defeating Jaipur Pink Panthers 37-29 at Gachibowli Stadium, Hyderabad, Telangana.

With this win, Patna Pirates became the only team to lift the trophy twice in the tournament’s history of four editions.

The Puneri Paltan was placed at the third place in the edition after they defeated Telugu Titans by 40-35 score.

About Patna Pirates

Patna Pirates is a Kabaddi team based in Patna, Bihar.

The team is currently led by Dharamraj Charlathan.

The team is currently coached by Arjun Singh.

The team is owned by Rajesh Shah.

The team plays its home matches at the Patliputra Sports Complex, Patna.

About Pro Kabaddi League

The Pro Kabaddi League is a professional kabaddi league in India.

It was founded in 2014.

It is based on the format of the Indian Premier League T20 cricket tournament.

It is known as the Star Sports Pro Kabaddi for sponsorship reasons.

The first edition of the tournament was played in 2014 with eight franchises representing various cities in India.

It is currently managed by Mashal Sports.

2016 ROGERS CUP CONCLUDED

Serbian Novak Djokovic and Simona Halep of Romania won men’s and women’s singles title in the 2016 Rogers Cup.

The Rogers Cup also known as Canadian Open/Masters was held in Toronto (for men) and Montreal (for women) from 25 July to 31 July 2016.

The men's competition is a Masters 1000 event on the Association of Tennis Professionals (ATP) tour. The women's competition is a Premier 5 tournament on the Women's Tennis Association (WTA) tour. The competition is played on hard courts.

Winners of 2016 Rogers Cup

Category

Winner

Runner-up

Men’s Singles

Novak Djokovic (Serbia)

Kei Nishikori (Japan)

Women’s Singles

Simona Halep (Romania)

Madison Keys (the US)

Men’s doubles

Ivan Dodig (Croatia) and

Marcelo Melo (Brazil)

Jamie Murray (Scotland) and Bruno Soares (Brazil)

Women’s doubles

Ekaterina Makarova and Elena Vesnina (Russia)

Simona Halep and Monica Niculescu (Romania)

Key highlight of 2016 Rogers Cup

• Novak Djokovic defeated Kei Nishikori 6-3, 7-5 to clinch his 66th career title. The world number one claimed his fourth Canadian title.

• Djokovic, who won Bronze in Beijing Olympics and missed the podium in London, became the first player to clinch 30 ATP World Tour Masters 1000 titles.

• It was seventh crown of the year and fourth at the Masters 1000 level for Djokovic, others Masters 1000 level victories were notched in Indian Wells, Miami and Madrid.

• The Serbian, who takes home 782525 dollar in prize money and 1000 Emirates ATP Rankings points, moved into solo second on the Open Era titles list at the Rogers Cup, adding to victories in 2007 and 2011-12. Only six-time champion Ivan Lendl owns more singles trophies in Canada.

• Fifth seed Simona Halep defeated Madison Keys 7-6, 6-3 to claim her 14th WTA title.

• Halep has three singles titles this year and 14 overall.

Rogers Cup (Canadian Open or Canada Masters)

The Rogers Cup is an annual tennis tournament held in Canada. The competition is played on hard courts. The events alternate from year to year between the cities of Montreal and Toronto. In odd-numbered years, the men's tournament is held in Montreal, while the women's tournament is held in Toronto, and vice versa in even-numbered years.

Before 2011, they were held during separate weeks in the July–August period, now the two competitions are held during the same week in August. The Toronto tournament is held at the Aviva Centre and the Montreal tournament is held at the Uniprix Stadium.

The Cup is one of the oldest tournaments of the world. Only Wimbledon and the US Open have longer histories than this Tour event.

Rogers Cup Title Leaders (Open Era)

Player

Titles

Ivan Lendl

6

Novak Djokovic

4

Rafel Nadal

3

Andy Murray

3

Andre Agassi

3

ATP World Tour Masters 1000 Title Leaders

Player

Titles

Novak Djokovic

30

Rafel Nadal

28

Roger Federer

24

Andre Agassi

17

Andy Murray

12

NARSINGH YADAV GETS NADA'S CLEAN CHIT; MAY PARTICIPATE IN RIO OLYMPICS

Narsingh Yadav, the Olympic bound wrestler who earlier failed the dope test, was given clean chit by National Anti Doping Agency (NADA). With this, he can participate in Rio Olympics beginning on 5 August 2016.

The NADA disciplinary panel has exonerated Yadav from charges of violating anti doping rules of NADA.

Findings that helped in tilting NADA’s decision

• It found that the wrestler is a victim of sabotage done by a competitor, thus there is no fault and negligence on Narsingh Yadav's part.

• The panel is of the opinion that one time ingestion by Yadav was not within his knowledge neither was intentional.

• It said that the athlete deserves the benefit of article 10.4 of the NADA’s anti-doping code.

Earlier, Narsingh was tested positive for methandienone, a banned anabolic steroid, after he cried foul claiming the entire episode was a conspiracy against him.

After more than a week of drama which began with Narsingh testing positive for a banned methandienone in tests conducted on 25 June 2016, NADA panel concluded that the athlete deserves the benefit its anti-doping code.

The Wrestling Federation of India said the process to get Narsingh back in the Olympic squad has been set in motion.

Narsingh had been replaced by Parveen Rana when the scandal broke out to save India's quota place in the 74kg category.

DEEPAK IYER APPOINTED AS MANAGING DIRECTOR OF MONDELEZ INDIA

Deepak Iyer was appointed as Managing Director of Mondelez International's India Business.

He succeeds Chandramouli Venkatesan, who led the business as Managing Director of India operations for two years and was with the company for more than a decade.

Iyer, as Managing Director of Mondelez India Foods, will be part of the Asia Pacific Leadership Team and report into Maurizio Brusadelli, President of Asia Pacific, Mondelez International.

About Deepak Iyer

• Prior to this appointment, Iyer was serving Bharti Axa General Insurance Company as its CEO and MD.

• Prior to Bharti Axa, Iyer was the CEO and managing director of Wrigley India.

• He has also worked with PepsiCo for 17 years across different roles and in different markets.

 

 

 

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Last Updated on Wednesday, 10 August 2016 05:35