competition wizard magazine
competition wizard magazine published this article page no 80 favoring rich nations as per oxfam report g7 and eu will take home twothirds of new cash that gmt will bring in while the worlds poorest countries will recover less than 3% despite being home to more than a third of the worlds population.ban on unilateral taxes many developing countries have expressed concerns about the implementation of these new taxing rules being conditioned upon them removing all unilateral taxes on technology companies. o many countries earn significant revenue by levying tax on digital services. conclusion a global minimum tax is a laudable attempt to make international tax arrangements fairer and work better in a digitalised and globalised world economy. however there are major obstacles that may impede the overall implementation of the agreement. there is a need to support this effort to build a consensus as countries rich and poor need more resources to fight the pandemic and the consequent economic fallouts. pmkisan why in news? according to agriculture ministry since 2019 about rs 374.78 crore amount is pending for reprocessing after failed transactions occurred under pmkisan scheme. more about newsthe scheme saw a 14.22 lakh pending failed transaction during 201920 fiscal. in the ongoing 202122 fiscal the number of pending failed transactions stood at 9.11 lakh till november 2021.number of failed transactions is less than one per cent of the total number of transactions under the scheme.under the scheme more than 11.60 crore farmers have been given the financial benefits of approximately rs 1.60 lakh crore through various instalments since the launch of the scheme. about the schemepradhan mantri kisan samman nidhi (pmkisan) is a central sector scheme launched in december 2018 with 100% funding from government of india.it provides to each eligible farmers family rs 6000 per annum in three instalments of rs 2000 each. definition of family for the scheme is husband wife and minor children.initially farmers with less than 2 hectares of land were eligible. however from june 2019 it was extended to all farmers i.e. 140 million farmers. exclusion criteria for pmkisan scheme all institutional land holders and farmer families which belong to one or more of the following categories have been excluded former and present holders of constitutional postsformer and present ministers state ministers and formerpresent members of loksabha rajyasabha state legislative assemblies state legislative councils former and present mayors of municipal corporations former and present chairpersons of district panchayatsall serving or retired officers and employees of central state government ministries officesdepartments and its field units and regular employees of the local bodies (excluding multitasking staff class ivgroup d employees)all superannuatedretired pensioners whose monthly pension is rs.10000or more (excluding multitasking staff class ivgroup d employees) of above category)all persons who paid income tax in last assessment year competition wizard magazine buy.

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