UPSC Exam > UPSC Notes > Current Affairs & Hindu Analysis: Daily, Weekly & Monthly > PIB Summary- 2nd September, 2024
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Guru Padmasambhava
Context
International Buddhist Confederation, in collaboration with the Nava Nalanda Mahavihara organised a two-day International Conference on the Life and Living Legacy of Guru Padmasambhava Conference at Nalanda, Bihar.
Guru Padmasambhava:
- Guru Padmasambhava, also known as Guru Rinpoche, is a seminal figure in the spread of Buddhism in the Himalayan regions during the eighth century.
- He is credited with propagating the teachings of Lord Buddha across various regions, including India, Nepal, Bhutan, Bangladesh, and Tibet.
- Legacy: Known for his diverse cultural impact, he integrated elements of Yogic and Tantric practices into Buddhist teachings and played a significant role in the development of Tibetan Buddhism.
- Academic Involvement: He was associated with Nalanda, an ancient center of Buddhist learning in India, where he was both a student and a teacher.
About International Buddhist Confederation:
- This New Delhi-based organization acts as a global umbrella body for Buddhist communities and organizations.
- It encompasses over 320 member organizations from 39 countries, representing both monastic and lay Buddhists.
- Objective: The Confederation aims to unify and promote Buddhist teachings and practices worldwide.
Question for PIB Summary- 2nd September, 2024Try yourself: What is Guru Padmasambhava credited with in the spread of Buddhism?View Solution
Dispute Resolution Scheme
Context
The Central Board of Direct Taxes (CBDT) has introduced the Dispute Resolution Scheme (e-DRS), 2022, as a streamlined and efficient platform for taxpayers to resolve their income tax disputes.
Dispute Resolution Scheme
- Objective: To reduce litigation and offer a quicker, more cost-effective way for taxpayers to resolve disputes.
- Method: Disputes are resolved electronically through Dispute Resolution Committees (DRCs).
Eligibility Criteria
- Taxpayers: Must meet specific conditions outlined in section 245MA.
- Financial Limits: Disputes involving amounts not exceeding Rs. 10 lakh and where the taxpayer’s income for the relevant year does not exceed Rs. 50 lakh.
- Scope of Disputes: Does not cover disputes involving information from searches or international agreements.
Dispute Resolution Committees (DRCs)
- Location: Established in all 18 regions across India.
- Powers: Can modify orders, reduce penalties, or waive prosecution.
- Decision Timeframe: Required to make decisions within six months of receiving the application.
Question for PIB Summary- 2nd September, 2024Try yourself: What is the objective of the Dispute Resolution Scheme (e-DRS), 2022?View Solution
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FAQs on PIB Summary- 2nd September, 2024 - Current Affairs & Hindu Analysis: Daily, Weekly & Monthly - UPSC
| 1. What is the Guru Padmasambhava Dispute Resolution Scheme? |  |
Ans. The Guru Padmasambhava Dispute Resolution Scheme is a mechanism established to resolve disputes related to the Padmasambhava statue in Arunachal Pradesh.
| 2. How does the Guru Padmasambhava Dispute Resolution Scheme work? | |
Ans. The scheme aims to provide a platform for stakeholders to resolve disputes through mediation and negotiation, with the ultimate goal of maintaining harmony and peace.
| 3. Who can participate in the Guru Padmasambhava Dispute Resolution Scheme? | |
Ans. Stakeholders such as local communities, religious organizations, and government authorities involved in disputes related to the Padmasambhava statue can participate in the scheme.
| 4. What are the benefits of the Guru Padmasambhava Dispute Resolution Scheme? | |
Ans. The scheme offers a peaceful and amicable way to resolve disputes, avoiding lengthy and costly legal battles while promoting dialogue and understanding among stakeholders.
| 5. How can one access the Guru Padmasambhava Dispute Resolution Scheme? | |
Ans. Stakeholders can reach out to the authorities responsible for implementing the scheme to initiate the dispute resolution process and seek guidance on the steps to follow.
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