GK

The full form of GAAR is : General Anti-Avoidance RulesWhat is GAAR in simple terms ?Tax Avoidance is an area of concern across the world. The rules are framed in different countries to minimize such avoidance of tax. Such rules in simple terms are known as ” General Anti Avoidance Rules ” or GAAR. Thus GAAR is a set of general rules enacted so as to check the tax avoidance.Why News for GAAR has been prominent in India in recent times ?News for GAAR has been in prominence in last few years as Indian Government has taken initiative to introduce …

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National Game of India – Hockey –  Despite the ever-growing popularity of cricket, Hockey has managed to still be the National Game of India. The peak time of Indian hockey team was from 1928 to 1956, when it brought all the six consecutive Olympic gold medals home that were held during those years. The end of its glory were perhaps the result of the death of the star hero Dhyan Chand, the introduction of Astroturf (still a rarity in India) and the migration of many hockey-playing Anglo Indians to Australia. Recently, the few wins have rekindled the interest of the …

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