Current Affairs Today - Current Affairs 2018

GoM recommends uniform road tax structure for vehicles across country

The Group of Ministers (GoM) constituted by Union Ministry of Road Transport and Highways has proposed One Nation One Tax policy for seamless movement of commercial vehicles across the country. The two day meeting of GoM held in Guwahati, Assam was attended by transport ministers from Uttar Pradesh, Assam, Himachal Pradesh, Bihar, Goa, Kerala, Haryana, Chhattisgarh, Meghalaya and Jharkhand. The GoM is headed by Rajasthan transport minister Yoonus Khan.

Recommendations of GoM

Uniform road tax for vehicles across states: It will allow transfer of vehicles from one state to another without levying road tax. It will put check on people registering their vehicles in low tax states and running them in other states. It will also bring necessary relief to genuine cases requiring transfer of vehicles.

Tax Structure: Centre has the powers to decide principles on which  motor vehicles tax can be levied. The uniform tax should be based on invoice price of vehicles in three slabs. 8% tax on vehicles below 10 lakhs, 10% for vehicles costing between 10 -20 lakh, and 12% for vehicles above 20 lakh. Diesel vehicles may have to pay 2% extra taxes, while electric vehicles will be given 2% discount.

National passenger vehicles permit for passenger cars: There should be national bus and taxi permit on lines of such permit for goods transport. It will give the much needed fillip to public transport and help reduce road congestion and its attendant problems.

Tags:

Commonwealth Heads of Government Meeting (CHOGM) held in London

The Commonwealth Heads of Government Meeting 2018 (CHOGM 2018) was held in London, United Kingdom. It was overall 25th meeting of the heads of government of the Commonwealth of Nations. It was also first CHOGM held following United Kingdom’s decision to withdraw from European Union. This decision has resulted for Britain to strengthen its economic ties with and play greater role in Commonwealth. India was represented by Prime Minister Narendra Modi.

Key Facts

The theme CHOGM 2018 was “Towards a Common Future“. The British hosts had set out four main goals for summit viz prosperity: boosting intra-Commonwealth trade and investment; security: increasing cooperation across security challenges including global terrorism, organised crime and cyberattacks; fairness: promoting democracy, fundamental freedoms and good governance across Commonwealth and sustainability: building resilience of small and vulnerable states to deal with effects of climate change and other global crises.

During CHOGM 2018, Commonwealth Blue Charter on ocean governance Commonwealth connectivity agenda for trade and investment, declaration on cybercrime and revised Commonwealth guidelines on election observation in member countries were taken into consideration.

Commonwealth of Nations

It is an international intergovernmental organisation of countries that were mostly former territories of the British Empire and dependencies. It was established by the London Declaration in 1949. Many countries from Africa, Asia, Americas, Europe and the Pacific have joined the Commonwealth. Current membership includes 54 counties (including India). Membership is based on free and equal voluntary co-operation. Queen Elizabeth II is Head of Commonwealth. She is also monarch of 16 members of Commonwealth, known as Commonwealth realms.

Tags:

1...89101112...203040...6,766