TAMILNADU STATE AFFAIRS

Scheme to settle commercial tax dues

  • Tamil Nadu Chief Minister M.K. Stalin announced Samadhan Scheme to help traders settle their dues, penalty and interest as the commercial tax dues to the State government reaches 25,000 crore.

Key Highlights

  • Scheme duration – October 16, 2023 and February 15, 2024.
  • Different payment options for five categories of traders, depending on the size of their dues.
  • Traders whose dues are below 50,000 are eligible for a complete waiver.

ISRO’s second spaceport to be set up in T.N.

  • The second spaceport of Indian Space Research Organisation (ISRO) will come up in about two years at Kulasekarapattinam in Thoothukudi district of Tamil Nadu.
  • It will be dedicated exclusively for Small Satellite Launch Vehicles (SSLVs).
  • It will be developed and used only by the private sector.
  • No ISRO rockets will be launched from this spaceport.

Note

  • On the side-lines, the Tamil Nadu government is planning to set up Space Industrial Park and Propellants Park near Thoothukudi.
  • Kulasekarapattinam is ideal for launches as there is no land between that place and Antarctica.

About ISRO

  • Founded – 15 August 1969
  • Headquarters – Bengaluru
  • Founder – Vikram Sarabhai
  • ISRO Chairperson – S. Somanath
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