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29Mar 2025

Lok Sabha Passes Carriage of Goods by Sea Bill

Why in News? The Lok Sabha passed the Carriage of Goods by Sea Bill, 2024, replacing the 1925 Act to modernize maritime regulations. The Bill simplifies laws, aligns with international standards, and promotes ease of doing business in shipping. About the Purpose and Key Features of the Bill: Lok Sabha passed the Carriage of Goods …

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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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