February 20, 2017

Current Affairs Update : 1-5th February, 2017

Current Affairs Update : 1-5th February, 2017

Current Affairs from 01-Feb-2017 to 05-Feb-2017. Important Facts covered for Banking (IBPS, SBI, RBI, RRBs) , SSC, Railways, LIC, PSC etc.
  • The 31st Surajkund International Crafts Mela Started on 1st Feb 2017. The event was inaugurated by the Chief Minister of Haryana, Manohar Lal Khattar.
  • Finance Minister Mr. Arun Jaitley presented the Union Budget 2017. The New Tax Slabs proposed in Budget 2017.
    • Up to 3 lakhs : No Tax 
    • Between 3 and 5 Lakhs : 5%
    • Between 5 and 10 lakhs : 20%
    • Above 10 lakhs : 30%
    • 10% Surcharge on individuals with income between 50 lakhs to 1 Crore.
    • 15% surcharge on individuals with income of 1 cr and more.
    • No cash transaction on  above 3 lakhs and more  to reduce black money.
  • Kuwait has suspended the process of issuing visas for travellers belonging to five major Muslim countries including Pakistan, Iraq, Iran, Syria and Afghanistan in order to prevent the entry of radical Islamic terrorists.
  • 19th Bharat Rang Mahotsav begins in New Delhi.
  • UAE Aims to Launch Its First Ever Mars Mission in 2020, an unmanned orbiter called ‘Hope’ from Japan’s space centre.
  • M Venkaiah Naidu, the Union Minister for Information and Broadcasting inaugurated the 3-days annual cultural festival of Andhra Pradesh ‘Visakha Utsav’ on 3rd February 2017.
  • NITI Aayog CEO Amitabh Kant launched the India Innovation Index in New Delhi. It is India’s first online innovation index portal that will capture data on innovation from all Indian states and regularly update it in real time.
    Edujosh GK/Current Affairs Update

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