The Central Board of Direct Taxes (CBDT) has set up an internal working group to examine the taxation aspects of high net worth individuals (HNWIs). The group has been set up to ensure that individuals who pose a substantial tax risk pay their dues. The CBDT stated in a letter that in recent times, there has been a trend of HNWIs migrating from their country of residence to other jurisdictions, which poses a huge tax risk, as they may treat themselves as non-residents for taxation purposes even though they may have strong personal and economic ties with India.
Prime Minister Narendra Modi on April 29, 2018 announced that April 28 will be remembered as a historic day in the development journey of India as on this day, every single village of India was electrified.
The achievement came several days before the deadline set by PM Modi, which was May 10, 2018, for achieving the electrification of all un-electrified villages.
Leisang, a village in central Manipur’s Senapati district, was the last one to receive electricity on April 29, 2018 under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY).
Indian and Malaysian armies will be conducting the joint training exercise ‘HARIMAU SHAKTI 2018’ in the dense forests of SengaiPerdik, Hulu Langat, Malaysia from April 30, 2018 to May 13, 2018.
The exercise will be a part of ongoing Indo-Malaysian defence cooperation and will be aimed at boosting cooperation and coordination between the armed forces of both the nations.
The Cabinet Committee on Economic Affairs (CCEA) on April 25, 2018 approved the centrally sponsored scheme ‘National Bamboo Mission’ (NBM) under the National Mission for Sustainable Agriculture (NMSA) for the remaining period of Fourteenth Finance Commission (2018-19 & 2019- 20).
The National Bamboo Mission will ensure integrated development of the bamboo sector by establishing effective linkage of farmers with industry.
Prime Minister Narendra Modi on April 10, 2018 launched India’s first 12,000 horsepower electric locomotive from Madhepura locomotive factory of Bihar.
This superfast railway engine was launched during Modi’s visit to Bihar to attend the centenary celebrations of the Champaran Satyagraha as a part of “ChaloChamparan Campaign”.
The theme of the centenary celebrations of the Champaran Satyagraha is “Satyagraha se Swachhagrah”.
Vice President and Rajya Sabha Chairperson M Venkaiah Naidu on April 23, 2018 rejected the impeachment notice submitted by the Opposition parties against Chief Justice of India Dipak Misra. Naidu rejected the notice stating that the motion lacked substantial merit and that it was based on mere suspicion, conjecture or assumption rather than factual proof. The decision comes a day after Naidu held extensive consultations with experts to determine the legality of the motion.
The Union Ministry of Environment, Forest and Climate Change on April 17, 2018 released the draft of the National Clean Air Programme (NCAP).
The ministry has put up the draft on its website and invited comments from various stakeholders by May 17, 2018. The NCAP is a national action plan that proposes multiple strategies to reduce air pollution.
India on April 16, 2018 won the elections conducted by UN’s Committee on Non- Governmental Organizations in the Asia Pacific States category.
India amassed the highest number of votes -46, followed by Pakistan 43, Bahrain 40 and China 39.
India would now be required to serve a four-year term in the committee along with few other nations beginning on January 1, 2019.
The Unique Identification Authority of India (UIDAI) has introduced a new and updated ‘QR code’ that will have non-sensitive details such as the name, address, photo and date of birth.
The code can be used for offline user verification without the 12-digit Aadhaar ID number. The main aim behind the development is to provide an extra layer of privacy to Aadhaar.
Rajnath Singh, the Union Home Minister, on April 13, 2018 launched the e-Foreigners Regional Registration Office (e-FRRO) Scheme, a webbased application.
The e-FRRO scheme aims to provide fast and efficient services to foreigners visiting India so that they have a pleasant stay.