constitutional amendment Current Affairs - 2020

Vote for Constitutional Reforms begins as Putin looks to lead Russia until 2036

On 25th June 2020, Voting for Constitutional Reforms in Russia had begun amid the outbreak of the global COVID-19 pandemic. The voting was originally scheduled to be conducted on 22nd April 2020 had to be rescheduled to 1st July 2020 following the rising number of COVID-19 cases in Russia. In order to maintain social distancing and prevent any sort of overcrowding, the polling stations were opened a week earlier.

About the Constitutional Reforms

Vladimir Putin’s current term as the President of Russia ends in 2024. On 15th January 2020, President Putin during his annual address to the Federal Assembly has announced amendments to 14 articles under the 1993 Constitution of Russia. For introducing these amendments, he called for a nationwide referendum or a national vote.

As per the amendments, the term of the current (Vladimir Putin) and former (Dmitry Medvedev from 2008-2012) President of Russia will be reset or counted from 0 from 2024 so that either of them can be elected as the President again in 2024. At present, a person can serve as the President of Russia for a maximum of two consecutive terms. A term of the President of Russia is of 6 years.

GoI facilitates filling of NIL GST Return through SMS

The Government of India has allowed taxpayers to fill their NIL GST monthly reurn form through SMS. This will improve ease of GST compliance to more than 22 lakh taxpayers.

Highlights

The facility of filing the NIL form through SMS has been made available in GSTN portal. The portal also allows the users to track their returns.

What is NIL GST return?

The GST return has to be filed by every registered person irrespective of business profits. If there are no invoices issued in a month then NIL GST return is filed.

When is NIL GST filed?

The NIL GST is filed when a registered GST payer has not turned out taxable supplies for which the return is to be prepared.

About GST

The GST is the single tax imposed on goods and services. The GST bill was first introduced in 2014 as the Constitution (122nd) Amendment bill. The major provisions include

  • Article 246A: State have powers to tax goods and services.
  • Article 279A: GST Council is formed by the President to govern GST. It is chaired by the Union Finance Minister.