IMPORTANT CURRENT AFFAIRS OF SEP 25, 2016

IMPORTANT CURRENT AFFAIRS OF SEP 25, 2016

• Union Cabinet clears new India-Cyprus DTAA
• The Cabinet has approved a revised Double Tax Avoidance Agreement (DTAA) between India and Cyprus that provides for source-based taxation of capital gains on transfer of shares instead of one based on residence.
• Committees for the birth centenary of Pandit Deendayal Upadhyay
• The PM, Shri Narendra Modi, has approved the constitution of two committees for the commemoration of the birth centenary of Pandit Deendayal Upadhyay.
• The Prime Minister will chair a 149 member National Committee, and the Home Minister, Shri Rajnath Singh, will chair a 23 member Executive Committee.
• Arun Goyal appointed Additional Secretary in GST Council
• Senior IAS officer Arun Goyal has been appointed as Additional Secretary in the Goods and Services Tax (GST) Council.
• The Council, headed by Finance Minister Arun Jaitley, is mandated to decide on tax rate, exempted goods and the threshold limit.
• Visaranai to take a shot at Oscar nomination
• Visaranai, the Tamil docu-drama crime thriller, has been chosen India’s official entry to Best Foreign Language Film category at the 89th Academy Awards to be held in 2017.
• India, Russia begin joint military exercise in Vladivostok
• The 8th edition of the Indo-Russia joint military exercise ‘Indra 2016’ was flagged off in Vladivostok in Russia. 
• Indra, a portmanteau of the names of both the countries, is a biannual exercise which has been carried out between the two allies since 2003. 
• Sanjiv Singh is new Chairman of IOC
• Sanjiv Singh will be the new Chairman of Indian Oil Corporation Ltd. (IOC). 
• IndianOil Corporation Ltd is India's largest commercial enterprise.
• First Jesse Owens Award goes posthumously to Muhammad Ali
• The first-ever Jesse Owens Olympic Spirit Award-2016 will be posthumously bestowed to Olympic champion Muhammad Ali, who passed away on June 3, 2016. 
• TN government for Thaaliku Thangam scheme under marriage assistance programme
• The Tamil Nadu government has allotted Rs 204 crore towards the implementation of the enhanced gold scheme under a marriage assistance programme. 
• Rs 204 crore has been allotted for ‘Thaaliku Thangam’ (Gold for Mangalsutra) scheme for the year 2016-17 to benefit 12,500 women.
• Childhood cancer awareness exhibition at Taj Mahal from Sept. 25
• The first-of-its-kind exhibition on childhood cancer awareness will be held at the iconic Taj Mahal in Agra from September 25 to 27, 2016. 
• The exhibition ‘CanKids-Kidscan’ will be organised by National Society for Change for Childhood Cancer in India.
• Hindi and Urdu writer Reoti Saran Sharma passes away
• Reoti Saran Sharma, the renowned Hindi and Urdu writer, playwright and television personality, died in New Delhi on 23 September 2016. 
• He was 92 years.