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Why in the News? The Income Tax Bill, 2025 officially classifies Virtual Digital Assets (VDAs) as property and capital assets, subjecting them to capital gains tax, 30% income tax on transfers, and 1% TDS, aligning India’s crypto taxation with global standards. About VDAs as Property and Capital Assets: The Income Tax Bill, 2025 explicitly classifies …
Read MoreWhy in the News? The Securities and Exchange Board of India (SEBI) has introduced Bond Central, a centralized database for corporate bonds. Developed with Market Infrastructure Institutions (MIIs) and the OBPP Association, it aims to enhance transparency, accessibility, and efficiency in India’s corporate bond market. Overview of Bond Central: The Securities and Exchange Board of …
Read MoreSyllabus: GS 2: India and neighbourhood relations Effect of policies and politics of regional countries. Why in the News? Sri Lanka’s new President, Anura Kumara Dissanayake, visited India to strengthen bilateral ties. The visit resulted in agreements focusing on LNG supplies, trade enhancement, education, technology exchanges, and promoting Indian FDI in Sri Lanka. India-Sri Lanka …
Read MoreSyllabus: GS 2: India and neighbourhood relations Effect of policies and politics of regional countries. Why in the News? Sri Lanka’s new President, Anura Kumara Dissanayake, visited India to strengthen bilateral ties. The visit resulted in agreements focusing on LNG supplies, trade enhancement, education, technology exchanges, and promoting Indian FDI in Sri Lanka. India-Sri …
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