21 September 2012 Current Affairs
Govt launches Rajiv Gandhi Equity Savings Scheme
The Finance Minister P Chidambaram on 21st September 2012 cut withholding tax on overseas borrowings to 5 percent from 20 percent and approved the Rajiv Gandhi Equity Savings Scheme (RGESS).While the RGESS is aimed at encouraging first time retail investors to invest in stock markets through tax concessions, the cut in withholding tax to 5 percent seeks to lower the cost of foreign borrowings by the Indian companies.The RGESS will give tax benefits to new investors who invest up to Rs 50,000 and whose annual income is below Rs 10 lakh.
9th World Hindi Conference To held in Johannesburg
The 9th World Hindi Conference to be held in Johannesburg ,South Africa from 22-24 September 2012.The first world Hindi Conference was held in Nagapur from 10-12 January 1975 under aegis of RashtrabhashaPracharaSamiti ,Wardha.The main theme of the conference is ’Bhasha Ki Asmita Aur Hindi Ka Vaishvik Sandarbh’.
India test-fires N-capable Agni-III missile successfully
India on 21st September 2012 successfully test-fired its nuclear-capable Agni-III surface-to-air missile with a strike range of over 3000 km and capable of carrying a warhead of 1.5 tonnes from the Wheeler Island off the Odisha coast.
Freedom fighter, Telangana leader Bapuji dies
Eminent freedom fighter and a well-known figure in the Telangana movement, Konda Lakshman Bapuji died in Hyderabad on 21st September 2012. He earned the nickname Bapuji for his participation in the Quit India Movement.