| Current Affairs : February 1, 2012 Posted: 03 Feb 2012 06:00 AM PST 
Dassault Aviation bags India’s biggest ever military contract for supplying combat aircrafts to Indian Air Force French firm Dassault Aviation bagged India’s biggest-ever military contract. This contract is for supplying 126 Rafale combat aircraft for the Air Force. Dassault Aviation edged out European rival EADS in getting the deal as it was declared the lowest [...]  |
| OLTAS System Posted: 03 Feb 2012 12:34 AM PST 
Definition: OLTAS refers to On-line Tax Accounting System (OLTAS) for Direct Taxes. Please note that direct taxes include the Income Tax and Corporate Taxes, which are directly levied from the concerned people and organizations. Background: OLTAS was introduced in April, 2004 for collection, accounting and reporting of the receipts and payments of Direct Taxes on-line [...]  |
| Weather Based Crop Insurance Scheme Posted: 02 Feb 2012 09:18 PM PST 
Weather Based Crop Insurance Scheme was announced in the Union Budget 2007-08. Objective of the Scheme: Weather Based Crop Insurance aims to mitigate the hardship of the insured farmers against the likelihood of financial loss on account of anticipated crop loss resulting from incidence of adverse conditions of weather parameters like rainfall, temperature, frost, humidity [...]  |
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