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  1. Rani Singh Nair takes over as Chairperson of CBDT.

Senior Indian Revenue Service (IRS) officer Rani Singh Nair on 1 August 2016 took over as the Chairperson of Central Board of Direct Taxes (CBDT).

Nair’s predecessor Atulesh Jindal, who was appointed CBDT chief in February 2016, retired on 31 July 2016.

After the appointment, Nair will oversee effective execution of the ambitious one-time domestic black money disclosure programme, also called the Income Declaration Scheme (IDS).

Who is Rani Singh Nair?

  • Nair is a 1979-batch IRS officer of the Income Tax cadre.
  • She worked as member (Legislation and Computerisation) at CBDT.
  • She has been instrumental in framing the procedures and protocols that led to the roll-out of the Income Declaration Scheme (IDS) on June 1 2016. The scheme aims at bringing undisclosed income and assets into the tax net.

About Central Board of Direct Taxes

  • The Central Board of Direct Taxes provides essential inputs for policy and planning of direct taxes in India.
  • It is the policy-making body of the Income Tax Department under the Union Finance Ministry.
  • It is a statutory authority functioning under the Central Board of Revenue Act, 1963.
  • The Chairperson of the CBDT is the senior-most IRS civil servant in the Government of India.
  • The Chairperson of Central Board of Direct Taxes is the ex officio Special Secretary to the Government of India and also cadre controlling authority of the Indian Revenue Service.
  • The CBDT Chairperson is placed above the officers of the rank of Lieutenant-General, Vice-Admiral or Air Marshal, CBI Director and Deputy Comptroller and Auditor General in the Order of Precedence.
  1. Deepak Iyer appointed as Managing Director of Mondelez India.

Deepak Iyer was on 1 August 2016 appointed as Managing Director of Mondelez International’s India Business.

He succeeds Chandramouli Venkatesan, who led the business as Managing Director of India operations for two years and was with the company for more than a decade.

Iyer, as Managing Director of Mondelez India Foods, will be part of the Asia Pacific Leadership Team and report into Maurizio Brusadelli, President of Asia Pacific, Mondelez International.

About Deepak Iyer

  • Prior to this appointment, Iyer was serving Bharti Axa General Insurance Company as its CEO and MD.
  • Prior to Bharti Axa, Iyer was the CEO and managing director of Wrigley India.
  • He has also worked with PepsiCo for 17 years across different roles and in different markets.
  1. Narsingh Yadav gets NADA’s clean chit; may participate in Rio Olympics.

Narsingh Yadav, the Olympic bound wrestler who earlier failed the dope test, on 1 August 2016 was given clean chit by National Anti Doping Agency (NADA). With this, he can participate in Rio Olympics beginning on 5 August 2016.

The NADA disciplinary panel has exonerated Yadav from charges of violating anti doping rules of NADA.

Findings that helped in tilting NADA’s decision

  • It found that the wrestler is a victim of sabotage done by a competitor, thus there is no fault and negligence on Narsingh Yadav’s part.
  • The panel is of the opinion that one time ingestion by Yadav was not within his knowledge neither was intentional.
  • It said that the athlete deserves the benefit of article 10.4 of the NADA’s anti-doping code.

Earlier, Narsingh was tested positive for methandienone, a banned anabolic steroid, after he cried foul claiming the entire episode was a conspiracy against him.

After more than a week of drama which began with Narsingh testing positive for a banned methandienone in tests conducted on 25 June 2016, NADA panel concluded that the athlete deserves the benefit its anti-doping code.

The Wrestling Federation of India said the process to get Narsingh back in the Olympic squad has been set in motion.

Narsingh had been replaced by Parveen Rana when the scandal broke out to save India’s quota place in the 74kg category.

  1. Patna Pirates beats Jaipur Pink Panthers to win Pro Kabaddi League Season 4.

The Patna Pirates on 31 July 2016 won the fourth edition of Pro Kabaddi League by defeating Jaipur Pink Panthers 37-29 at Gachibowli Stadium, Hyderabad, Telangana.

With this win, Patna Pirates became the only team to lift the trophy twice in the tournament’s history of four editions.

The Puneri Paltan was placed at the third place in the edition after they defeated Telugu Titans by 40-35 score.

About Patna Pirates

  • Patna Pirates is a Kabaddi team based in Patna, Bihar.
  • The team is currently led by Dharamraj Charlathan.
  • The team is currently coached by Arjun Singh.
  • The team is owned by Rajesh Shah.
  • The team plays its home matches at the Patliputra Sports Complex, Patna.

About Pro Kabaddi League

  • The Pro Kabaddi League is a professional kabaddi league in India.
  • It was founded in 2014.
  • It is based on the format of the Indian Premier League T20 cricket tournament.
  • It is known as the Star Sports Pro Kabaddi for sponsorship reasons.
  • The first edition of the tournament was played in 2014 with eight franchises representing various cities in India.
  • It is currently managed by Mashal Sports.
  1. Parliament passes NIT, Science Education & Research (Amendment) Bill, 2016.

The Parliament has passed the National Institutes of Technology, Science Education and Research (Amendment) Bill, 2016. The bill was first passed in Lok Sabha in July 2016 and later in Rajya Sabha in August 2016. Now the bill will go for presidential assent as per Article 111 of Constitution.

The Bill seeks to establish the National Institute of Technology (NIT), Andhra Pradesh as an institute of national importance.

The NIT, Andhra Pradesh will be established under the National Institutes of Technology, Science Education and Research (NITSER) Act, 2007.

The NIT will be deemed as an institute of national importance status as on August 20, 2015, the day on which the Union government approved its establishment.

  1. Novak Djokovic wins 2016 ATP Toronto Masters.

Novak Djokovic (World no 1) from Serbia has won the 2016 ATP Toronto Masters also known as the Rogers club title in the men’s single category. In the final match, he defeated Kei Nishikori (World no 6) of Japan by 6-3, 7-5 score. It was Djokovic’s his 66th career title and fourth Canadian title (won in 2007, 2011 and 2012).

Women’s singles title

Simona Halep (World no 5) of Romania won the Rogers club title in the women’s single category. In the final match she defeated Madison Keys of US by 7-6, 6-3 score. It was her overall 14th WTA title.

Men’s doubles title

Ivan Dodig (Croatia) and Marcelo Melo (Brazil) won the Rogers club title in the men’s doubles category. They defeated pair of Jamie Murray (Scotland) and Bruno Soares (Brazil).

Women’s doubles title

Russian pair of Ekaterina Makarova and Elena Vesnina won the Rogers club title in the women’s doubles category. In the final match they defeated Romanian pair of Simona Halep and Monica Niculescu.

  1. Parliament passes Indian Medical Council (Amendment Bill), 2016

The Parliament has passed Indian Medical Council (Amendment) Bill, 2016 to conduct of uniform entrance examination for admission to all medical educational institutions. The bill seeks to replace the Indian Medical Council (Amendment) Ordinance, 2016 and its provisions will come in to force retrospectively from May 24, 2016.

Key Features of Bill

Introduction of a uniform entrance examination for all medical educational institutions. It will be applicable for admission at the undergraduate and the post-graduate level.

If states have not opted for the uniform entrance examination, then the examination will not be applicable at the undergraduate level for the academic year 2016-17.

This provision will be applicable to state government seats in government and private medical institutions.

The uniform entrance examinations will be conducted in Hindi, English and other languages.

Empowers to MCI to frame regulations for (i) the manner of conducting the exams, (i) the authority designated to conduct exams and (iii) Specify languages other than English and Hindi in which the entrance examinations will be conducted.

Dentists (Amendment) Bill, 2016

Besides, Parliament also passed the Dentists (Amendment) Bill, 2016 to conduct of uniform entrance examination for admission to all dental medical educational institutions.

The bills seek to amend the Dentists Act, 1948 to replace the ordinance that was promulgated in May 2016.

It seeks to keep state boards out of the ambit of National Eligibility Entrance Examination (NEET) for admission BDS courses for academic year 2016-17.








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