Daily current affairs 12th March

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Sidimania

Date

March 12, 2023

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# Scam

  • Searches were conducted at 24 locations in Delhi-NCR, Patna, Mumbai and Ranchi on premises linked to former Bihar Chief Minister Lalu prasad yadav, Bihar deputy CM Tejasvi yadav, and his daughters in Land for job scam probe.
  • After the raids, Enforcement Directorate claimed on Saturday, it has seized documents revealing “proceeds of crime” Worth ₹600 crore.
  • The documents pertain to the ownership of immovable properties worth ₹350 crore and transactions worth ₹ 250 crore created through various benamidaars, according to the agency.
  • Several pieces of land at prominent locations in patna and other areas were illegally acquired by the family.

# Direct tax collections

  • Direct tax collections rose by 22.6% to ₹16.7 lakh crore during the fiscal year upto March 10.
  • Provisional data released by the Central board of direct taxes pegged the collections, net of refunds, at ₹13.7 lakh crore, which is around 16.8% higher than a year ago.
  • Refunds have shot up more than 59% to almost ₹ 3 lakh crore during the current fiscal year.
  • Collections so far are 96.7% of the budget estimates, which were revised upwards.

# Manipur

  • The manipur government has decided to rescind its ceasefire pact with militant group Kuki national army and Zomi revolutionary army, claiming that their leaders were not from the state.
  • The decision followed a recent allegation that the leadership of these two Kuki rebel groups is from Myanmar.
  • It was reported that KNA and ZRA militants were instigating poppy cultivators in the state against the government policy.

# Australia FTA

  • India and Australia are looking to include critical minerals under the expanded free trade agreement.
  • Critical minerals along with space technology and opportunities in the digital sector, will be key areas of the planned deal.

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