11 march 2016 current affairs for competition exams

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Employee Provident Fund (EPF) is a retirement benefit scheme for salaried employees under which employee and employer contribute fixed amount of the employee towards EPF. Any company with over 20 employees is required by law to register with the Employees' Provident Fund Organisation. In the Union Budget 2016-17, the finance minister had proposed to impose tax on 60% of accumulations in the EPF after April 1, 2016 while remaining 40 percent would be tax free . This decision was criticised by Opposition parties and by employee unions. Government has decided to take back its decision.

11th March, 2016 Economics

Tax proposal on EPF withdrawn

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Indo-Indonesia Joint Training Exercise GARUDA SHAKTI has began at Magelang, Indonesia . It will be conducted for 13 days from 10 to 23 March 16, 2016. This is the fourth training exrecise under this name. The aim of the exercise is to build and promote positive relations between the armies of India and Indonesia and to enhance the ability of Indian and Indonesian Army to undertake joint tactical level operations in a Counter Insurgency environment under United Nations Charter.

11th March, 2016 Defence

Indo-Indonesia Joint Training Exercise Garuda

Shakti



The Reserve Bank of India (RBI) has signed a memorandum of understanding with the Bank of Israel for exchange of information related to banking supervision.

11th March, 2016 Economic

RBI signs MOU with Bank of Israel



The Southern Railway has launched an initiative under which a women passenger travelling alone for a long-distance in trains then she can request change of her berth if she is experiencing discomfort. For this an officer has been appointed who will receive feedback from women passengers and do the needful.

11th March, 2016 Regional

Railway: Women can request change of berth



'Maritime India Summit 2016' the initiative of the Ministry of Shipping. It will be held in Mumbai from 14th to 16th April. The summit will provide a unique platform for participants to explore potential business opportunities in Indian Maritime Sector. This Summit will attract more than 2000 participants from 57 countries which will include senior government officials and policy makers, CEOs of Indian and global Maritime industry, industry experts, thought leaders and distinguished speakers from across the world.

11th March, 2016 Economics

Maritime India Summit to be held in Mumbai



The first ever all-girl National Cadet Corps (NCC) Mount Everest expedition started. THis initiative is taken by the Minister of State for Defence, Rao Inderjit Singh in New Delhi. The team led by Col Gaurav Karki, along with fifteen service personnel and ten girl cadets would reach Nepal on 31 March 2016 and after a long trek to Base Camp from 08 to 25 April 2016 is likely to summit the peak between 15 and 25 May 2016.

11th March, 2016 National

NCC Girls Everest Expedition started



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11 march 2016 current affairs for competition exams

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