11th September 2019
Topic:- Environment.
News:-Green move: VAT on natural gas cut by 11%.
Purpose:-
- With an aim to encourage industries to shift to eco-friendly resources, the Punjab Cabinet decided to cut down VAT on natural gas, in a gaseous state other than compressed natural gas (CNG), by 11 per cent i.e. from 14.3 per cent to 3.3 per cent.
Present situation:-
- At present, the VAT rate on natural gas is 13 per cent plus 10 per cent surcharge i.e. 14.30 per cent in Punjab. The major consumer of gas is National Fertilisers Limited (NFL), which uses it in its plants at Bathinda and Nangal. Natural gas is also consumed in very small quantity by select industries and the transport sector.
- The VAT collection on natural gas from 2014-15 to 2018-19 came down considerably i.e. from Rs 105.77 crore to Rs 5.67 crore, which had further shown a steep decline to Rs 1.84 crore till June 2019 during 2019-20.
(Source:- The Tribune)
Topic:- Memorial(History)
News:-CM sanctions Rs 1 crore for Saragarhi Memorial uplift.
About Saragarhi Memorial:-
Where is this memorial located?
- Ferozpur District.
- The memorial was set up to pay tribute to the 22 valiant soldiers of the 36th Sikh Regiment of the British Indian Army who attained martyrdom fighting against the might of over 10,000 Afridis during the battle of Saragarhi in 1897 in North-West Frontier Province.
(Source:- The Tribune)
Topic:- Scheme
News:-The Punjab Government on Tuesday took a series of decision with respect to housing allotment under employees cooperative group housing society(ECGHS).
Changes made:-
- The Punjab Government on Tuesday took a series of decision with respect to housing allotment, including restriction of flats for allotment of land under ECGHS scheme to 40 per acre and 3% reservation of residential plots for government employees under PUDA and special authorities’ jurisdiction.
(Source:- Government website)
www.examlife.info
QUIZ:-
Question 1:- In which district Saragarhi Memorial located in Punjab?
- Amritsar
- Ferozpur
- Mohali
- Gurdaspur
Question 2:- Green move: VAT on natural gas cut by how much per cent?
- 7%
- 11%
- 17%
- 23%
Answers:-
- Q1:- 2
- Q2:- 2