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Nirmala Sitharaman's proposal for PAN card holders | Mint Primer | Mint
While presenting the last full budget of the current central government, Finance Minister Nirmala Sitharaman has proposed to use PAN card as a common identifier for all digital system at government agencies. The move is expected to simplify KYC process and make it simple for the Income Tax Department and other government agencies to manage documents of the PAN cardholders. Let's hear what the industry's best minds have to say about the consequences of this move.
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DRDO RCI Recruitment 2024!!! Apply Now in Online For 200 Apprentice Vacancy For Freshers
DRDO RCI recruitment 2024 has released a notification of 200 apprenticeship vacancies for freshers graduates, diploma, and ITI.Research Centre Imarat (RCI) a premier laboratory of Dr APJ Abdul Kalam Missile Complex, DRDO invites online applications from young and meritorious Indian Nationals for the Engagement of Apprentices (Graduate, Diploma and ITI) for a period of One year.The last date of the online registration for the RCI RTO apprentice 2024 to 2025 is 15 October 2024 Breif Details About DRDO RCI Recruitment 2024 : Education Qualification: Vacancy Details: Age Limit: Selection Process: Stipend: How to Apply ? Registration and EligibilityImportant Links FAQ (Frequently Asked Questions): Breif Details About DRDO RCI Recruitment 2024 : FieldDetailsOrganizationDefence Research & Development Organisation (DRDO)Post NameGraduate Apprentice, Technician Apprentice (Diploma), Trade Apprentice (ITI pass out - NCVT/SCVT Affiliation)Total Vacancies200Age LimitMinimum 18 yearsMode of ApplicationOnlineOnline Registration Last Date15th October 2024Selection ProcessMerit / Written Test / Interview / Documents Verification Education Qualification: - Graduate Apprentice: - B.E/B.Tech in ,B.Com,B.Sc. - Technician Apprentice: - Diploma in - Trade Apprentice (NCVT / SCVT Affiliation): Fitter,Welder,Turner,Machinist,Mechanic-Diesel,Electronics-Mechanic,Electrician,Library-Assistant,COPA (Computer Operator and Programming Assistant) Vacancy Details: CategoryEssential QualificationNo. of VacanciesStipendGraduate ApprenticeB.E/B.Tech in 40As per Govt norms (Refer Gazette dated 25/Sep/2019)Technician Apprentice (Diploma)Diploma in 40As per Govt norms (Refer Gazette dated 25/Sep/2019)Trade ApprenticeITI pass out (NCVT / SCVT Affiliation) in Fitter, Welder, Turner, Machinist, Mechanic-Diesel, Electronics-Mechanic, Electrician, and COPA (Computer Operator and Programming Assistant)120As per Govt norms (Refer Gazette dated 25/Sep/2019) Age Limit: - Candidate should not be less than 18 years of age as on 01st-August-2024. Selection Process: The selection process includes: - Academic Merit - Written Test (if required) - Interview (if required) - Documents Verification Stipend: CategoryEssential QualificationNo. of VacanciesStipendGraduate ApprenticeB.E/B.Tech in 40₹ 9000/- per monthTechnician Apprentice (Diploma)Diploma in 40₹ 8000/- per monthTrade ApprenticeITI pass out (NCVT / SCVT Affiliation) in Fitter, Welder, Turner, Machinist, Mechanic-Diesel, Electronics-Mechanic, Electrician, and COPA (Computer Operator and Programming Assistant)120As per Govt norms (Refer Gazette dated 25/Sep/2019) How to Apply ? Registration and Eligibility - Mandatory Registration: - B.E / B.Tech / Diploma candidates must register on nats.education.gov.in. - ITI trade apprentices must register on apprenticeshipindia.org. - Eligibility: - Candidates who completed their qualifying examinations (Graduate, Diploma, and ITI trade apprentices) in 2022, 2023, and 2024 as regular candidates are eligible to apply. - Last Date for Submission: - The last date for submission of online applications is 15/10/2024. Documents to be carried: a. Signed printout of the Application. b. 10th Mark sheet and certificate. c. B.E. / B.Tech / Diploma / ITI Final Mark sheet/ Provisional. d. Degree / provisional Degree / Diploma / ITI certificate. e. Caste Certificate (if applicable). f. PWD Certificate (if applicable). g. Any Photo ID card issued by Govt. of India like PAN Card / Voter ID / Driving License. h. Aadhaar Card (Mandatory). i. Copy of Aadhaar Seeded Bank Pass Book/Statement . j. Medical fitness certificate issued by a Civil Assistant Surgeon. k. Two Passport size photographs. Important Links - Notification PDF - Online Application Link - For More Job Information FAQ (Frequently Asked Questions): QuestionAnswerIs RCI part of DRDO?Research Centre Imarat (RCI) is a premier laboratory of Dr. APJ Abdul Kalam Missile Complex.What is the salary of apprentice in DRDO?Post NameGraduate ApprenticeTechnician (Diploma) ApprenticeTrade (ITI) ApprenticesCan an apprentice become permanent in DRDO?Apprentices will have no claim to permanent or temporary appointment on completion of Apprenticeship Training in GTRE/DRDO.Who is eligible for DRDO graduate apprentice?BE/BTech in Computer Science & Engineering & allied branches and Information Technology; and for those with BE/BTech in Electronics Engineering and allied branches. Read the full article
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8 Important Regulatory Changes Taking Effect on October 1, 2023, that will impact your Daily Life!
Starting October 1, 2023, get ready for some game-changing rules that will impact your daily life in various ways.
Here are 8 fresh regulations you should be aware of:
1) Birth Certificates for Everything:
The new law is all about simplifying life. If you are born after the Registration of Births and Deaths (Amendment) Act, 2023 came into play, your birth certificate is about to become your all-in-one proof for various important things.
Imagine this: just your birth certificate would be sufficient to prove your time and place of birth for getting into school, snag a driver's license, join the voter list, registering your marriage, or even get a job in the government, public sector, or any important government-related paperwork.
So, this little piece of paper can open big doors in your life! It's a game-changer for anyone born after this law started, making things much simpler. No more juggling multiple documents to confirm your birthdate and place! Plus, it simplifies the process of registering adopted, orphaned, surrendered, surrogate, and single-parent children.
2) New 20% TCS Rule for International Ventures:
If you're planning international escapades, investing in foreign stocks or pursuing higher education abroad, listen up. Starting October 1, a new TCS rule takes effect. If your spending abroad exceeds a specific limit in a financial year, TCS applies. The good news is that international credit card users won't face this tax, as clarified by the Finance Ministry. Under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India (RBI), you can remit up to $250,000 in a financial year. Starting from October 1, 2023, all overseas outward remittances, except for medical and educational purposes, over a threshold limit of Rs 7 lakh in a financial year will attract a TCS of 20%.
3) Online Gaming's Tax Twist:
Gamers, take note! Starting October 1, online gaming will come with a 28% GST tag. Finance Minister Nirmala Sitharaman announced this change in August. The tax calculation for online gaming and casinos will be based on the amount paid or deposited with the provider, excluding your winnings. So, while you enjoy gaming, be prepared for a bit more taxation fun.
The Finance Minister had a clear message about how taxes will work in the world of gaming.
Picture this: You're in Goa, trying your luck at a casino. You bet Rs 50,000 and win Rs 5,000. Under the new 28% GST rule, you're only taxed on the initial bet of Rs 50,000, which amounts to Rs 14,000. However, no GST is applicable on betting made in multiple rounds, including bets made with winnings from the previous round.
If you bet additional Rs 10,000 , the tax applies to that extra amount.
4) No More Automatic Tax Refunds for Some Items:
To tackle tax fraud, there's a change coming on October 1. If you're exporting items like pan masala, tobacco, and similar products, you won't automatically get your Integrated GST (IGST) refunds anymore. Instead, you'll need to approach tax officers for approval to get your refund. These items typically fall under 28% Tax bracket plus cess.
5) Deadline to Update Mutual Fund Folio Nomination
The SEBI has made it mandatory to add nominees for all existing mutual fund folios, including jointly-held ones. The deadline to update the nomination for your mutual fund investments is September 30, 2023. On failing to do so, your folios will be frozen for debits as per SEBI. This simply means you won’t be able to make any withdrawals from your mutual funds. Yesterday SEBI extended the nomination deadline till 31 December 2023
6) Deadline to Update Trading, Demat Account Nomination
Same as Mutual Fund Folio Nomination, The SEBI has made it mandatory to add nominees for all Trading and Demat Accounts. The deadline to update the nomination was 30 September 2023. Yesterday the deadline is extended to 31 December, 2023
7) Deadline to Update Adhaar with various Small Savings Scheme
The Ministry of Finance has made it mandatory to link Aadhaar with the small savings schemes, including the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and Post office deposits. The deadline to link Aadhaar to these schemes is September 30, 2023. On failing to do so, your investments in these small savings schemes will be frozen.
8) Safety Ratings for Cars:
Starting from October 1, 2023, India is rolling out its first-ever car crash testing program called Bharat New Car Assessment Programme (BNCAP). Here's the deal: car manufacturers can voluntarily test their vehicles based on specific industry standards. After the tests, cars will receive star ratings for how well they protect adult and child occupants during crashes. These ratings will help you decide which car is safer to buy. So, when you're shopping for a new ride, keep an eye out for those safety stars!
These new rules aim to make life simpler and ensure that the government can provide better services while collecting the necessary taxes for a stronger nation. These changes might affect your pocket and your safety.
Stay informed, stay prepared!
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Name of Post:
Chhattisgarh Police Constable Online Form 2024
Post Date:06 January 2024 | 09:37 PMShort Information :Chhattisgarh Police Department has Recently Invited to the Online Application Form for the Post CG Police Constable (GD / Trade / Driver) Posts Recruitment 2024.
Chhattisgarh Police Department
CG Chhattisgarh Police Constable Recruitment 2024
Important Dates
Start Date of Application Form: 01/01/2024
Last Date of Application Form : 15/02/2024
Exam Date : Notify later
Application Fee
General/OBC :Rs. 200/-
SC/ST/EWS :Rs. 125/-
ExSM : Rs. 0/-
Pay the Exam Fee Through Debit Card / Credit Card / Net Banking / UPI Fee Mode Only.
Age Limit as on (01/01/2023)
Minimum Age : 18 Years
Maximum Age : 28 Years
Age Relaxation read the notification.
Education Qualification
10th Passed From CG /MP Board ( 8th Pass for ST and 5th Pass for Naxalite Areas Only)
Vacancy Details
Total Post : 5967 Posts
Physical Standard
Height: 168 cm (Male), 158Cm (Female)
Chest : 81cm -86 Cm
Race- 1500 Meter (Driver & Trade) , (800 meter, 100 meter )-GD
Selection Process
PET/PST/ DV
Written Test
Medical Examination
Required Documents
Candidates Photograph
Candidates signature
08th / 10th Mark sheet And Certificatest
Aadhar Card / Pan Card
Pay Scale
Rs. 19500- 62000/- (Level-4 Pay Matrix).
How To Apply CG Police Constable
These are following step.
Click on the Apply Online Link given below.
Fill out the application form.
Upload the required documents
Pay Fees
Print the Application Form.
USE IMPORTANT LINKS
Apply Online
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UPSC NDA & Naval Academy (NA) Examination (II) 2023 (395 Vacancy)
UPSC NDA & Naval Academy (NA) Examination (II) 2023: The Union Public Service Commission (UPSC) has released an employment notification for the recruitment of 395 vacancies for the National Defence Academy (NDA) and Naval Academy (NA) Examination (II), 2023. The last date for submission of the application is June 06, 2023. 1. National Defence Academy (NDA) - No. of posts: 370 - Qualification: 12th Class pass of the 10+2 pattern of School Education or equivalent examination conducted by a State Education Board or a University. 2. Naval Academy (10+2 Cadet Entry Scheme) - No. of posts: 25 (including 07 for female) - Qualification: 12th Class pass with Physics, Chemistry, and Mathematics of the 10+2 pattern of School Education or equivalent conducted by a State Education Board or a University. Age limit for UPSC NDA & Naval Academy (NA) Examination (II) 2023 - Only unmarried male/female candidates born not earlier than 02nd January 2005 and not later than 1st January 2008 are eligible. - The date of birth accepted by the Commission is that entered in the Matriculation or Secondary School Leaving Certificate or in a certificate recognized by an Indian University as equivalent to Matriculation or in an extract from a Register of Matriculates maintained by a university which must be certified by the proper authority of the University or in the Secondary School Examination or an equivalent examination certificate. These certificates are required to be submitted only as the declaration of the result of the written part of the examination. No other document relating to age like horoscopes, affidavits, birth extracts from Municipal Corporation, service records, and the like will be accepted. The expression Matriculation/ Secondary School Examination Certificate in this part of the instruction includes the alternative certificates mentioned above. Application Fee of UPSC NDA & Naval Academy (NA) Examination (II) 2023 - Candidates (excepting SC/ST candidates/female candidates/Wards of JCOs/NCOs/ORs specified in Note 2 below who are exempted from payment of fee) are required to pay a fee of Rs. 100/- (Rupees one hundred only) either by remitting the money in any Branch of State Bank of India by cash or by using Visa/Master/RuPay Credit/Debit Card/UPI Payment or by using internet banking of any Bank. How to Apply for UPSC NDA & Naval Academy (NA) Examination (II) 2023? - Candidates are required to apply online by using the website upsconline.nic.in. The applicant needs to register himself/herself first at the One Time Registration (OTR) platform, available on the Commission’s website, and then proceed for filling up the online application for the examination. OTR has to be registered only once in a lifetime. This can be done anytime throughout the year. If the candidate is already registered, he/she can proceed straightway for filling up the online application for the examination. - Candidate should also have details of one photo ID viz. Aadhar Card/Voter Card/PAN Card/Passport/ Driving License/School Photo ID/Any other photo ID Card issued by the State/Central Government. The details of this photo ID will have to be provided by the candidate while filling up the online application form. The same photo ID card will also have to be uploaded with the Online Application Form. This photo ID will be used for all future reference and the candidate is advised to carry this ID while appearing for examination/SSB. - Online Applications can be filled up to 06th June 2023 till 6:00 PM. Those who wish to apply are advised to go through the below official notification in detail before submitting applications. Online Application Link Click Here Download Official Notification Click Here Job Updates on Telegram Click Here Read the full article
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All You Need To Know About Applying For A Bank Of India Personal Loan Online & Offline
Introduction to Bank of India Personal Loan apply 2023 : The Bank of India Personal Loan is a type of unsecured loan that is offered to individuals for personal or discretionary use. This loan is designed to meet the financial needs of individuals for personal expenses such as home renovation, medical treatment, travel, and education, among others. Features of Bank of India Personal Loan: Competitive interest ratesQuick and easy application processMinimal documentationFlexible repayment optionsNo collateral or security required Eligibility criteria for Bank of India Personal Loan: Must be an Indian citizenMust be between 21 and 60 years of ageMust be employed or have a steady source of incomeMust have a good credit score Documents required for Bank of India Personal Loan: Application formIdentity proof (PAN card, Aadhaar card, passport, etc.)Address proof (Aadhaar card, passport, utility bill, etc.)Income proof (salary slips, bank statements, etc.)Employment of employment (offer letter, salary slips, Form 16, etc.)Bank of India Personal Loan is a convenient and flexible way for individuals to meet their personal financial needs. If you meet the eligibility criteria and have the required documents, you can apply for a personal loan at any Bank of India branch. Advantages Of Bank Of India Personal Loan There are several advantages of taking a Bank of India Personal Loan: Unsecured Loan: Bank of India Personal Loan is an unsecured loan, which means you don't have to pledge any collateral or security to avail the loan. Quick Approval and Disbursal: The bank has a streamlined process for approving and disbursing personal loans, which means you can receive the funds quickly and efficiently. Flexible Repayment Options: Bank of India offers flexible repayment options, allowing you to choose a repayment tenure that suits your financial situation. Minimal Documentation: The documentation required to apply for a Bank of India Personal Loan is minimal, making it an easy and convenient process. Competitive Interest Rates: Bank of India offers competitive interest rates on personal loans, which can help you save money on the cost of borrowing. Multiple Use Cases: A Bank of India Personal Loan can be used for a variety of purposes, including home renovation, medical treatment, travel, education, and more. Wide Availability: Bank of India has a large network of branches across the country, making it easy for individuals to apply for a personal loan. In conclusion, a Bank of India Personal Loan can be a convenient and cost-effective solution for individuals looking to meet their personal financial needs. ALSO READ- Everything You Need To Know About L&T Finance Personal Loans How To Apply for Bank Of India Personal Loan online & offline You can apply for a Bank of India Personal Loan both online and offline: Online Application: Visit the Bank of India's official website Click on the "Personal Loan" tab Fill in the online application form with the required information Submit the form along with the required documents Wait for the bank to review your application and disburse the loan, if approved Offline Application: Visit your nearest Bank of India branchFill in the personal loan application form with the required informationSubmit the form along with the required documentsWait for the bank to review your application and disburse the loan, if approvedNote: The required documents for a Bank of India Personal Loan include identity proof, address proof, income proof, and status of employment. You can check with the bank for the latest list of documents required. Regardless of whether you apply online or offline, it's important to compare the terms and conditions of different personal loan offers before making a decision. This can help you find the best personal loan option that meets your specific financial needs. Interest Rates For Bank Of India Personal Loan The interest rate for a Bank of India Personal Loan can vary based on several factors, including your credit score, income, employment status, and loan amount. As of my knowledge cutoff in 2021, Bank of India offers personal loans at an interest rate starting from 10.75%. However, I would advise you to check with the bank for the latest and most up-to-date interest rate information as it is subject to change. It's important to note that the interest rate on a personal loan can have a significant impact on the overall cost of borrowing. A higher interest rate can result in a higher monthly repayment amount and an increase in the total cost of the loan. To get the best interest rate on your Bank of India Personal Loan, you may want to consider improving your credit score and demonstrating a stable source of income. Additionally, you can compare the interest rates offered by different banks and financial institutions to find the best deal. ALSO READ- Canara Bank Car Loan: Online Apply, EMI calculator, eligibility criteria, interest rate & More Alternatives To Bank Of India Personal Loan There are several alternatives to a Bank of India Personal Loan that you can consider, including: Personal Loan from Other Banks: You can explore personal loan options from other banks, such as HDFC Bank, ICICI Bank, Axis Bank, and SBI, among others. Loan Against Fixed Deposit (FD): If you have a fixed deposit with a bank, you can consider taking a loan against it. This can be a more cost-effective option, as the interest rate on a loan against FD is typically lower than a personal loan. Personal Loan from Non-Banking Financial Companies (NBFCs): NBFCs also offer personal loans. You can compare the interest rates and repayment terms of personal loans from different NBFCs to find the best option for your needs. Credit Cards: If you have a good credit score, you can consider using a credit card for your personal expenses. Some credit cards offer attractive cashback and reward programs, making them a cost-effective alternative to a personal loan. Borrowing from Friends and Family: You can also consider borrowing from friends or family members, if possible. This can be a quick and convenient way to get funds, but it's important to have a clear repayment plan in place to avoid straining your relationships. It's important to carefully consider the pros and cons of each option and choose the one that best fits your financial situation. Additionally, you can compare the interest rates, repayment terms, and other key features of each alternative to find the best option for you. FAQ Here are answers to some commonly asked questions about Bank of India Personal Loans: What is the minimum and maximum loan amount offered by Bank of India for a personal loan?The minimum loan amount offered by Bank of India for a personal loan is typically around Rs. 50,000. The maximum loan amount can vary based on your income, credit score, and other eligibility criteria. What is the repayment tenure for a Bank of India Personal Loan?The repayment tenure for a Bank of India Personal Loan can vary, but it typically ranges from 12 to 60 months. You can choose a repayment tenure that best fits your financial situation. What is the processing fee for a Bank of India Personal Loan?The processing fee for a Bank of India Personal Loan can vary, but it is typically a percentage of the loan amount, usually around 1-2%. The exact processing fee may depend on several factors, including your credit score and income. Is a guarantor required for a Bank of India Personal Loan?A guarantor is not typically required for a Bank of India Personal Loan. However, the bank may consider a guarantor for certain applicants based on their credit score, income, and other eligibility criteria. Can a Bank of India Personal Loan be pre-closed?Yes, a Bank of India Personal Loan can be pre-closed, which means you can pay off the loan before the end of the repayment tenure. However, you may be required to pay a pre-closure fee, which is typically a percentage of the outstanding loan amount. What documents are required to apply for a Bank of India Personal Loan?The required documents for a Bank of India Personal Loan include identity proof, address proof, income proof, and status of employment. You can check with the bank for the latest list of documents required. Note: The above information is based on my training data cut off in 2021 and is subject to change. I would advise you to check with the bank for the latest and most up-to-date information on personal loan terms and conditions. Conclusion In conclusion, a Bank of India Personal Loan can be a convenient way to finance your personal expenses, whether it be for home renovations, medical expenses, or a family vacation. The bank offers personal loans at competitive interest rates, with flexible repayment options and minimal documentation requirements. However, it's important to carefully consider your financial situation and choose a personal loan that best fits your needs. It's a good idea to compare the interest rates, repayment terms, and other key features of personal loans from different banks and financial institutions to find the best option for you. Additionally, make sure you understand the terms and conditions of the loan and the consequences of defaulting on the loan before applying. Read the full article
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UK to set up ‘pro-competition’ regulator to put limits on big tech
The UK is moving ahead with a plan to regulate big tech, responding to competition concerns over a ‘winner takes all’ dynamic in digital markets.
It will set up a new Digital Market Unit (DMU) to oversee a “pro-competition” regime for Internet platforms — including those funded by online advertising, such as Facebook and Google — the Department of Digital, Culture, Media and Sport (DCMS) announced today.
It’s moving at a clip — with the new Unit slated to begin work in April. Although the necessary law to empower the new regulator to make interventions will take longer. The government said it will consult on the Unit’s form and function in early 2021 — and legislate “as soon as parliamentary time allows”.
A core part of the plan is a new statutory Code of Conduct aimed at giving platform users more choice and third party businesses more power over the intermediaries that host and monetize them.
The government suggests the code could require tech giants to allow users to opt out of behavioral advertising entirely — something Facebook’s platform, for example, does not currently allow.
It also wants the code to support the sustainability of the news industry by “rebalancing” the relationship between publishers and platform giants, as it puts it.
Concern over how to support quality public interest journalism in an era of ad-funded user-generated-content giants has been stepping up in recent years as online disinformation has been actively weaponized to attack democracies and try to influence votes.
“The new code will set clear expectations for platforms that have considerable market power — known as strategic market status — over what represents acceptable behaviour when interacting with competitors and users,” DCMS writes in a press release.
It suggests the DMU will have powers to “suspend, block and reverse decisions of tech giants, order them to take certain actions to achieve compliance with the code, and impose financial penalties for non-compliance”. Although full details are set to be worked out next year.
A Digital Markets Taskforce, which the government set up earlier this year to advise on the design of the competition measures, will inform the Unit’s work, including how the regime will work in practice, per DCMS.
The taskforce will also come up with the methodology that’s used to determine which platforms/companies should be designated as having strategic market status.
On that front it’s all but certain Facebook and Google will gain the designation, and be subject to the code and oversight by the DMU, although confirmation can only come from the Unit itself once it’s up and running. But UK policymakers don’t appear to have been fooled by bogus big tech talking points of competition being ‘only a click away’.
Competition policy must change to help startups fight ‘winner takes all’ platforms, says UK report
The move to set up a UK regulator for big tech’s market power follows a competition market review chaired by former U.S. president Barack Obama’s chief economic advisor, professor Jason Furman, which reported last year. The expert panel recommended existing competition policy was fit for purpose but that new tools were needed for it to tackle market challenges flowing from platform power and online network effects.
Crucially, the Furman report advocated for a ‘broad church’ interpretation of consumer welfare as the driver of competition interventions — encompassing factors such as choice, quality and innovation, not just price.
That’s key given big tech’s strategic application of free-at-the-point-of-use services as a tool for dominating markets by gaining massive marketshare which in turn gives it the power to set self-serving usage conditions for consumers and anti-competitive rules for third party businesses — enabling it to entrench its hold on the digital attention sphere.
The UK’s Competition and Markets Authority (CMA) also undertook a market study of the digital advertising sector — going on to report substantial concerns over the power of the adtech duopoly. Although in its final report it deferred competitive intervention in favor of waiting for the government to legislate.
UK asks competition watchdog to put adtech market review top of its to-do list
Commenting on the announcement of the DMU in a statement, digital secretary Oliver Dowden said: “I’m unashamedly pro-tech and the services of digital platforms are positively transforming the economy – bringing huge benefits to businesses, consumers and society. But there is growing consensus in the UK and abroad that the concentration of power among a small number of tech companies is curtailing growth of the sector, reducing innovation and having negative impacts on the people and businesses that rely on them. It’s time to address that and unleash a new age of tech growth.”
Business secretary Alok Sharma added: “The dominance of just a few big tech companies is leading to less innovation, higher advertising prices and less choice and control for consumers. Our new, pro-competition regime for digital markets will ensure consumers have choice, and mean smaller firms aren’t pushed out.”
The UK’s move to regulate big tech means there’s now broad consensus among European lawmakers that platform power must be curtailed — and that competition rules need properly resourcing to get the job done.
A similar digital market regime is due to be presented by EU lawmakers next month.
The European Commission has said the forthcoming ex ante pan-EU regulation — which it’s calling the Digital Markets Act — will identify platforms which hold significant market power, so-called Internet gatekeepers, and apply a specific set of fairness and transparency rules and obligations on them with the aim of rebalancing competition. Plans to open algorithmic blackboxes to regulatory oversight is also on the cards at the EU level.
Europe to limit how big tech can push its own services and use third-party data
A second piece of proposed EU legislation, the Digital Services Act, is set to update rules for online businesses by setting clear rules and responsibilities on all players in specific areas such as hate speech and illegal content.
The UK is also working on a similar online safety-focused regime — proposing to regulate a range of harms in its Online Harms white paper last year. Though it has yet to come forward with draft legislation.
This summer the BBC reported that the government has not committed to introduce a draft bill next year either — suggesting its planned wider Internet regulation regime may not be in place until 2023 or 2024.
UK sets out safety-focused plan to regulate internet firms
It looks savvy for UK lawmakers to prioritize going after platform power since many of the problems that flow from harmful Internet content are attached to the reach and amplification of a handful of tech giants.
A more competitive landscape for social media could encourage competition around the quality of the community experienced for users — meaning that, for example, smaller platforms which properly enforce hate speech rules and don’t torch user privacy could gain an edge.
Although rules to enable data portability and/or interoperability are likely to be crucial to kindling truly vibrant and innovative competition in markets that have already been captured by a handful of data-mining adtech giants.
Given the UK’s rush to address the market power of big tech, it’s interesting to recall how many times the Facebook CEO Mark Zuckerberg snubbed the DCMS committee’s calls for him to give evidence over online disinformation and digital campaigning (including related to the Cambridge Analytica data misuse scandal) — not once but so many times we lost count.
It seems UK lawmakers kept a careful note of that.
Zuckerberg again snubs UK parliament over call to testify
UK parliament calls for antitrust, data abuse probe of Facebook
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Name of Post:
Indian Navy 12th & B.Tech Recruitment Online Form 2024
Post Date:04 January 2024 | 05:17 AMShort Information :Indian Navy has Recently Invited to the Online Application Form for the Post 10+2 (B.TECH) Cadat Entry Scheme Recruitment 2024.
The Indian Navy
Indian Navy 10+2 B.Tech CES Recruitment 2024
Important Dates
Start Date: 06 /01 /2024
Last Date : 20/ 01/2024
Exam Date : Notify Soon
Application Fee
General/OBC/EWS :Rs. 0/-
SC / ST / Female : Rs. 0/-
You can not pay through:
No Fee Pay
Age Limit as on (02/01/2005 to 01/07/2007)
Minimum Age : 17 Years
Maximum Age : 19.5 Years
Age Relaxation read the notification.
Education Qualification.
Passed Senior Secondary Examination (10+2 Pattern) or its equivalent examination from any Board with at least 70% aggregate marks in Physics, Chemistry and Mathematics (PCM) and at least 50% marks in English (either in Class X or Class XII).
Candidates Must be Enrolled and Appeared in JEEMAIN 2023 Entrance Examination..
Vacancy Details
Total Post : 35 Post
Selection Process
Short List
SSB Interview
Final Merit List
Required Documents
Candidates Photograph
Candidates signature
10th / 12th Mark sheet
Aadhar Card / Pan Card
Pay Scale
₹15,600-39,100/- with a Grade Pay of ₹5400/-
How To Apply Indian Navy
These are following step.
Click on the Apply Online Link given below.
Fill out the application form.
Upload the required documents
Print the Application Form.
USE IMPORTANT LINKS
Apply Online
0 notes