Current Affairs Archives - Universal Group Of Institutions
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27Mar 2025

India Scraps Google Tax, Signals Trade Deal Intent

Why in the News ? The Indian government has scrapped the equalisation levy on digital ads, easing taxation on global tech firms like Google and Meta. The move aligns with U.S. trade negotiations, amid pressure to reduce tariffs before the April 2 deadline. Equalisation Levy and Its Impact: Introduced in 2016, the equalisation levy imposed …

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27Mar 2025

AI Content Regulation: MeitY’s Report to Delhi High Court

Why in the News ? The Ministry of Electronics and IT (MeitY) submitted a status report to the Delhi High Court, highlighting concerns over deepfakes, AI-generated scams, and liability frameworks. The report stresses mandatory AI content disclosure and stricter enforcement against malicious actors. Concerns on Deepfake Regulation The Ministry of Electronics and IT (MeitY) submitted …

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