Aug 2016 Current Affairs for AFCAT- NDA- CDSE- ACC- RIMC- SSB by Defence Academy Coimbatore

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Finally GST finds a way to roll out with a majority endorsement in both the Houses of Parliament
The Rajya Sabha passed a bill to amend the Constitution that would facilitate thestraitening of the Goods and Services Tax (GST) backing the government’s assurance that the tax rates would be kept “as low as possible”. It is noted that The Constitution (122nd Amendment) Bill, 2014 was approved by the Upper House with 203 votes in favor and none against and a rare affableness was witnessed among the ruling and the opposition parties of the central Government.
i. The Finance Minister Arun Jaitley proposed the GST which will enacts that presently 80% of goods attract 12.5% of Central excise duty while at the state level 55% of items are charged with 14.5% VAT or sales tax. The weighted average of the two in 65% of the items comes to 27%. Adding cess and entry tax takes the figure to 30%
ii.  In sum, three enabling laws are required to be passed to give shape to the new tax regime — Central GST (CGST) and Integrated GST (IGST) that need to be cleared by Parliament, and 29 State GST legislations (SGST) that will have to be cleared by the respective state assemblies.

Champ under Cars – Om Swaroop creates Guinness World Record in Limbo Skating

Nellore Station bags first place in SCR zone
i. Nellore Railway Station topped in cleanliness ranking in Vijayawada division and the Secunderabad based South Central Railway zone in implementing Swachh Bharat Om Swaroop Gowda, A 7 years old young lad from Karnataka has entered the Guinness World Record for longest distance limbo skating under the cars.

Five new games including Karate finds place in Olympics 2020, Tokyo’s Agenda
i. Amidst the ongoing Rio Olympic fever, the International Olympic Committee (IOC) agreed to add five new games/events to the sports programme agenda for the Olympic games, Japan 2020.IOC agrees to add five new sports for Tokyo 2020 Olympics
ii. The games list of Japan Olympics gives way for five new entrants namely,
1.Baseball/softball,
2.Karate,
3.Skateboard,
4.Sports climbing and
5.Surfing.
iii. The organization committee for the Japan 2020 Olympics submitted its report and based on these five new events have been added to the existing list of games.
iv. The inclusion of the package of new sports will afford young athletes the chance of a lifetime to realise their dreams of competing in the Olympic games and inspire them to achieve their best, both in sport and in life.
v. it is noted that the inclusion of the new sports will add 18 events and 474 athletes, with equal numbers of women and men for all sports except baseball/softball, which will have the same number of teams but different player totals, because softball teams have 15 players whilst baseball teams have 24
Vijay Rupani is all set to swear in as the new CM of Gujarat on August 7
Putting an end to all the speculations, Vijay Rupani is going to assume his office as the new Chief Minsiter of Gujarat on August 7 and Nithin Patel will assist him as a Deputy CM. This news is declared after the BJP MLAs meeting.


Commemorative stamps:
Communications Minister Manoj Sinha and Sports Minister Vijay Goel joinly released the four set of commemorative stamps featured with sportsmen engaged in Badminton, Shooting, Wrestling and Boxing where India got medal in the London Olympics.
Rio Olympics:
The Summer Olympics is underway with the tradition of the Olympic Games as governed by the International Olympic Committee in Rio de Janeiro, Brazil.
206 Nations taking part in the mega event including first time entrants Kosovo and South Sudan.

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