Current Affairs 08 DecemberCurrent Affairs
08 December 2016 Current Affairs
India will be a partner of the US defense chief
Defence Minister Manohar Parrikar and outgoing US Defense Secretary Ashton Carter to India's large defense partners' agreement to nominate. The agreement to share the high-level US defense technology will help in quicker assistance.
Counter-terrorism and strengthening bilateral cooperation, the two countries agreed to continue expressed.
The bill is to be passed by both houses of the US Congress.
Castle Supreme Court shall not taxable rental income
December 5 2016 the Supreme Court ruled that the former rulers of the State or by his successors Prinsle residential part of the palace will not be taxable income from renting.
• In 1950, the central government as a residential palace of a former ruler as his inalienable Patrit property was exempt from income tax. But in 1984, a portion of the tax department of the castle being rented for income assessment process started.