CURRENT AFFAIRS

Detailed explanation-1: -Mobile Phone Handsets 3.1 Officers of the level of Secretary and equivalent will be entitled to reimbursement for one mobile handset costing not more than Rs. 25, 000/-(Rupees Twenty Five thousand only) once during the whole tenure.

Detailed explanation-2: -The Telecom Regulatory Authority of India was established under the Telecom Regulatory Authority of India Act, 1997. It empowered the TRAI, a quasi-judicial authority to adjudicate upon and settle telecom disputes.

Detailed explanation-3: -How much FDI is allowed under telecom sector? 100% FDI is allowed in the telecom sector under automatic route.

Detailed explanation-4: -It is expected to reduce tax avoidance and increase input credit. But as we have mentioned above, good things can not come without having any drawback in it. The tax rate after GST is now 18 percent from the previous 15 percent resulting in a load over the telecom sector which is already under financial burden.