CBDT Signs 125 Advance Pricing Agreements Context: Recently, the Central Board of Direct Taxes (CBDT) recorded a milestone by signing 125 Advance Pricing Agreements (APAs) in FY 2023-24, the highest ever in any financial year. Relevance: GS-02 (Polity) Highlights: This includes 86 Unilateral APAs (UAPAs) […]
Exercise LAMITIYE – 2024 Context: Recently, Indian Army contingent had participated in the joint military exercise “Exercise LAMITIYE – 2024“. The exercise involved the Indian Army and the Seychelles Defence Forces (SDF). It marked the tenth edition of the biennial event since its inception in […]
India’s nuanced approach in the South China Sea Context: In March 2024, India’s External Affairs Minister, S. Jaishankar, declared India’s unwavering support for the Philippines in safeguarding its national sovereignty. This statement came amidst the escalating tensions in the South China Sea, also known as […]