Apply for PAN

To apply for PAN through online

Please go to the following link

https://tin.tin.nsdl.com/pan/index.html

Thingsto know about PAN.......

• Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department.
• It is mandatory to quote PAN on return of income, all correspondence with any income tax authority. From January 1, 2005, it has been made mandatory to quote PAN on challans for any payments due to Income Tax Department.

RBI hiked Cash Reserve Ratio (CRR) by 0.25 per cent,repo rate unchanged

• The RBI on Tuesday (29th April 2008)hiked Cash Reserve Ratio (CRR) by 0.25 per cent from May 24 to control inflation-stoking cash in the system but kept all other official rates (repo, reverse repo, bank rates )unchanged.
• The central bank projected economic growth of 8.0 to 8.5 percent in the fiscal year that began this month, after an estimated 8.7 percent in 2007/08, and aimed for inflation of "around 5.5 percent" this fiscal year but with the goal of lowering it close to 5.0 percent as soon as possible.
• The decision comes as annual inflation holds above 7 percent, its highest in more than three years, due in part to rises in international food, oil and metal prices.

India's satellite PSLV creates history !!!

• Setting a world record, India's Polar rocket on Monday(28th April 2008 at 9:23AM) successfully placed ten satellites, including the country's remote sensing satellite, (Cartosat-2A )into orbit in a single mission.


• It is for the first time in the world that ten satellites were launched in a single mission. Russia had earlier luanched eight satellites together.


• Besides the 690 kg CARTOSAT-2A, the PSLV-C9 is also carrying ISRO's Indian Mini Satellite-1, weighing 83 kg, and eight nano satellites built by universities and research institutes in Canada and Germany .


• While the CARTOSAT-2A, carrying state-of-the-art panchromatic camera, will be used for mapping purposes and management of natural resources, the IMS-1 will be used as a platform for trying out advanced technology in future launches.


• The high-resolution mapping satellite CARTOSAT 2-A, which, while placed at a height of over 600 kilometres, can identify objects as small as a car.

Answer Keys of Kerala Engineering / Medical Entrance Exam ,www.cee-kerala.org

• Answer Keys of Kerala Engineering / Medical Entrance Exam will be published at www.cee-kerala.org .

TCS net profit up by Rs 4508 cr

• Tata Consultancy Services Ltd (TCS) announced a net profit of Rs 4508.76 crore for the year-ended March 31, 2008 as compared with Rs 3757.29 crore for the year ended March 31, 2007.
• Total income has increased from Rs 15156.52 crore for the year-ended March 31, 2007 to Rs 18979.67 crore for the year ended March 31, 2008.
• The Group has posted a net profit of Rs 5026.02 crore for the year ended March 31, 2008 as compared with Rs 4212.63 crore for the year ended March 31, 2007.

Thomson acquire Reuters

• Financial data provider Thomson Corp acquire Reuters Group of a $17.2 billion deal .
• Following the completion of the deal, the shares of the combined entity, named Thomson Reuters, on 17th April began trading on Toronto, New York and London.
• Thomson had reached an agreement to acquire Reuters for about $17.2 billion in a cash and stock deal almost a year ago.
• The two companies together have over 50,000 employees with operations in 93 countries on six continents and collectively had a revenue of $12.4 billion in 2007.

27 percent quota to OBCs

• The Supreme Court on 10th April 2008 upheld the Constitution amendment law providing for 27 per cent quota for OBCs in IITs, IIMs and other Central educational institutions but excluded the creamy layer from the benefit.


• A five-judge Constitution bench by a unanimous verdict cleared the Central Educational Institutions (Reservation in Admission) Act, 2006 providing for the quota.
  The bench headed by Chief Justice K G Balakrishnan excluded the creamy layer among the OBCs from the quota benefit.


• In effect, the reservation policy can be put in place for the 2008-09 academic session


• Besides the Chief Justice K G Balakrishnan , the Bench comprised Justices Arijit Pasayat, C K Thakker, R V Raveendran and Dalveer Bhandari.

Chinese " Cultural genocide of the Tibetans",Dalai Lama

These may be the reasons behind Dalai Lama's statement of "Cultural genocide of the Tibetans"

1. Settling members of the majority community in areas where the minorities are in a majority

China has systematically settled Hans from mainland China and the Hui Muslims from central China in Tibet in order to reduce ethnic Tibetans to a minority and dilute the majority status of Buddhism. It has similarly settled Hans in Xinjiang in order to reduce the Uighurs to a minority and dilute the impact of Islam.

2. Chinese government never allow an ethnic Tibetan to be headed in the local party and government set-up.

3.China ever held a single democratic election in Tibet, Xinjiang and Inner Mongolia since the Communists captured power in 1949.

4. Beijing never allow a single dissident leader to interact with the media and foreign diplomats.

5.China never permit any humanitarian delegates to visist in minority provinces.

• Will China allow the UN delegates to visit Tibet to inquire into allegations of cultural genocide in Tibet?