8 June, 2021
1. As per owner of Twitter, Jack Dorsey, his payments venture Square will partner with blockchain technology firm Block-stream Mining in a bid to build an open-source, solar-powered bitcoin mining facility in bid to build an open source solar powered bitcoin mining facility in United Nation. Launch of solar-powered bitcoin mining facility aims to drive adoption and efficiency of renewables within the bitcoin ecosystem. The partnership seeks to demonstrate how bitcoin mining along with renewable energy can help in driving clean energy transition.
2. World will observe the World Ocean Day on June 8, 2021 under the theme- The Ocean: Life and Livelihoods. The day is observed annually on June 8. The day provides governments across the world an opportunity to inform people about impact of economic activities and human actions on ocean. World Ocean Day was first suggested in 1992 during Earth Summit in Rio de Janeiro with the aim of celebrate this vast water body, its benefits in our lives and to raise awareness to make it a part of sustainable development. Following this, UN general assembly passed the resolution on December 5, 2008 to designate this day.
3. Delhi government launched a vaccination campaign Jahan Vote,Wahan Vaccination &; to vaccinate people of Delhi against Covid-19. Under the campaign, people aged 45 and above will be given vaccine at the polling booths. While launching the campaign, Chief Minister Arvind Kejriwal highlighted, jabs will be provided to people above 45 years at places where they had exercised vote during election. According to him, door-to-door vaccination will also be done soon. Under the campaign, booth-level officers will visit door to door to provide vaccination slots to people above 45 years.
4. Income Tax Department is set to launch its new ITR e-filing portal, which can be accessed through website called “www.incometax.gov.in’’. ITR e-filing portal will be launched with aim of providing a modern, seamless and more convenient experience to taxpayers. Portal has been integrated with immediate processing of Income Tax Returns and quick refunds to taxpayers. Portal will act as one-stop centre and display all interactions or pending actions on a single dashboard for followup action by taxpayer. It will offer a free-of-cost Income Tax Return (ITR) preparation software with interactive questions to help taxpayers. It will also enable taxpayers to proactively update their profile to provide certain details of income to be used in pre-filling their ITR. It will enable pre-filling with salary income, interest, dividend and capital gains after TDS and SFT statements.
5. Recently, Group of seven (G7) advanced economies signed a landmark deal on taxing multinational companies. As per the deal, minimum global tax rate would be at least 15 percent. Agreement was signed by finance ministers of United Kingdom, United States, Germany, Canada, France, Italy and Japan. It opens way for levies on multinational companies in countries where they operate rather than just where they are headquartered. Under new tax system, countries where big firms operate would get ‘right to tax’ at least 20% of profits
