India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
Can an HUF Start a Business Using Gifts or Loans? Why in the News? Legal clarity: Many taxpayers are seeking clarity on whether a Hindu Undivided Family (HUF) can start a business using loans or gifts. Tax implications: Such funding methods have serious consequences under income tax laws, especially due to clubbing and gift tax …
Read MoreDigi Yatra: Revolutionizing Air Travel in India with Digital Solutions Expansion of Digi Yatra to 41 Airports by 2025 Why in the News? Expansion plan: Digi Yatra, India’s digital travel platform launched in December 2022, is set to be operational at 41 airports by the end of 2025, significantly enhancing the digital travel experience for …
Read MoreMAHARASHTRA SCRAPS THREE-LANGUAGE POLICY FOR PRIMARY CLASSES Why in the News? Policy withdrawal: Maharashtra government scrapped the three-language policy for Classes 1 to 5 after two months of sustained public opposition. Political dissent: The move faced resistance from academics, activists, and ruling coalition partners like the NCP. Expert panel formed: A committee led by Narendra …
Read MoreSPECIAL TEAMS TO TACKLE HIGH-VALUE DEFAULTED LOANS OF PSBs Why in the News? Government push: The Ministry of Finance has asked Public Sector Banks (PSBs) to set up special teams for high-value defaulted loan recovery (₹100 crore+). Resolution focus: Banks must reidentify top 10 stressed assets for priority resolution under CEO-level supervision. Performance backdrop: PSBs’ …
Read MoreREVISIT DIGITAL SEARCH POWERS UNDER INCOME TAX BILL 2025 Syllabus: GS-3: ● India Economy and development ● Taxation Why in the News? The Income-Tax Bill, 2025, introduced in Parliament by Finance Minister Nirmala Sitharaman during the monsoon session, proposes to empower tax officials with access to an individual’s “virtual digital space” during search and seizure …
Read MoreBalancing Tax Enforcement and Digital Privacy: Revisiting Search Powers under the I-T Bill, 2025 Syllabus: GS 3 Income tax act Economic development Digitalisation and its impact on economy Why in the News? The proposed Income-Tax Bill, 2025, a new bill that seeks to expand search and seizure powers of tax authorities to include an individual’s …
Read MoreBreaking Barriers: Jahnavi Dangeti Becomes First Indian to Complete NASA’s IASP Program An inspiring journey from Andhra Pradesh to outer space – a giant leap for Indian youth in STEM fields and space exploration history, paving the way for more Indians to pursue careers in space science and technology. Current Affairs – Space & Science …
Read MoreCurrent Affairs – Important Personalities & Books Book in News: “Woman! Life! Freedom!” The book “Woman! Life! Freedom!” recently gained international attention for highlighting the women-led uprising in post-revolutionary Iran after the death of Mahsa Amini. This powerful work explores the ongoing struggle against state violence and social control imposed by religious rules and Islamic …
Read MoreKangana Ranaut Appointed Brand Ambassador for World Para Athletics Championship 2025 The Paralympic Committee of India (PCI) has officially appointed renowned actress Kangana Ranaut as the Brand Ambassador for the World Para Athletics Championships 2025, a major para-sporting event set to be hosted at the Jawaharlal Stadium in New Delhi from September 27 to October …
Read MoreMaaya Rajeshwaran Wins ITF J200 Gladbeck Title in Germany, Boosts ITF Junior Rankings Q: Which Indian tennis player recently clinched the ITF J200 title in Gladbeck, Germany, improving her position in the ITF junior rankings? Answer: Maaya Rajeshwaran ✅ Key Highlights: Name: Maaya Rajeshwaran Revathi Age: 16 years (as of June 2025) Event: ITF J200 …
Read More
