04-12-21 Daily-Punjab-PPSC Current Affairs

Forms Cs are used for filing returns against the tax already paid in interstate sale of goods.

To further boost trade and economic activity in the State, the Cabinet also gave approval to exempt the traders from making payment of 70 per cent of the excess demand and now they would be only required to deposit 30 per cent of the surplus demand. The decision would also cost the state exchequer to the tune of Rs 940 crore. Subsequently, they would now be required to deposit the said amount that is 20 per cent of the 30 per cent portion of the additional demand by March 31, 2022, and the remaining 80 per cent by March 31, 2023.

Notably, the has taken these significant decisions to facilitate traders in the wake of the recent Covid pandemic. Although it has been nearly four and a half years since the end of the VAT regime, there was still a heavy burden of VATassessment on the traders coupled with difficulties in providing C-forms etc to them.

The Cabinet also approved One-Time Settlement Policy-2021 for Punjab State Industrial Development Corporation Limited, Punjab Financial Corp and Punjab Agro Industries Corp for settlement of dues. The new policy will help resolve long-pending litigation and settlement between the corporations and the private investors, besides creating a more business-friendly Environment in the State.

The Government of India will introduce the SRESTHA Scheme for students from Scheduled Castes. The initiative would give pupils a high-quality residential <a href="https://exam.pscnotes.com/Education“>Education.

Highlights:

The Ministry of Social and Empowerment will carry out the scheme.

It is aimed towards deserving Scheduled Caste pupils. It will also prevent the occurrence of students dropping out of classes 9 through 12.

The programme will offer high-quality residential education.
NITI Aayog has identified renowned non-public residential facilities in aspirational districts to implement the scheme.

Greater Tipraland is a region in Tripura. Several tribals are demanding to make the region as a separate state.

There are 19 notified Scheduled Tribes in Tripura. Among these, 5.92 lakh are Tripuris, 1.88 lakh are Reangs. These three tribal groups are the major tribals in the state. Some of the minor tribal groups have joined hands and formed TIPRA Motha (Tirpaha Indigenous Regional Alliance) and IPFT (Indigenous Peoples Front of Tripura) Political Parties. These parties are now arguing that they want a separate state for their survival and existence.

Tripura was ruled by Manikya dynasty since the late 13^thcentury till it signed the Instrument of Accession with the Government of India in 1949. Instrument of Accession is the document signed by the Indian states to enter into Union of India after Independence. In due course, some of the indigenous tribes in the region have become minority in the state.

This happened mainly because of the displacement of the Bengalis from East Pakistan during 1971 war. In 1881, the tribal Population in the state was 63.77%. It reduced to 31.8% in 2011.

The plan will explore using technology for medical supplies and <a href="https://exam.pscnotes.com/Vaccines“>Vaccines.

The National Blockchain Strategy was recently introduced by the Ministry of Electronics and IT for giving blockchain as a service.

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