Must Read News Articles I 15th February 2020

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US-Taliban reach Afghanistan truce agreement, says official

A senior U.S. official said on Friday the U.S. and the Taliban have reached a truce agreement that will take effect “very soon” and could lead to withdrawals of American troops from Afghanistan.

A tale of outbreaks, both in China

The editorial says that unlike the SARS crisis, Beijing has handled the coronavirus epidemic better. However, China’s secretive attitude still causes concern.

Choice and Candidacy

The supreme court in its latest judgement has asked political parties to explain candidates choice and why those with criminal cases pending against them have been preferred over those with no such records.

However, the editorial argues that De-criminalisation of politics cannot be achieved by judicial fiat alone. Political parties have also an important role in cleansing the politics. They must refrain from giving tickets to candidates with criminal background.

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Textile policy to be rolled out by mid 2020

Ravi Capoor, Secretary of the Union Ministry of Textiles, has said that the central government is expected to roll out a textile policy by the middle of this year. Mr. Capoor also said that the Ministry plans to develop 10 Mega Textile Parks which will help in scale and spur cost effectiveness.

‘Overzealous interpretation of law poses risk to independent directors’

SEBI Chairman U.K Sinha has said that overzealous interpretation of the law regarding the duties and responsibilities of independent directors will make such directors risk-averse and the companies will suffer in the process.

He said that penalising independent directors for the company’s action about which director has no knowledge would be counterproductive.

Scientists radio – tag Indian pangolin

Scientists have tagged the Indian pangolin. This will help in understanding the habits of the reclusive, nocturnal animal. Pangolina are among the most trafficked animals in the world.

Only 2200 reported income of over Rs. 1 crore from profession in FY19

As per the data released by the IT department – Total 5.78 crore individual filed Income Tax Return in 2018-19. Out of which only 2200 professionals disclosed annual income of over Rs. 1 crore and only 8600 individual disclosed income more than Rs. 5 crore.

Fine Tuning GST

The article says that Learnings are being incorporated, and steps are being taken to improve the compliance eco system

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