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Daily Archives: February 12, 2025

10 Key Takeaways from the New Income Tax Bill Every Taxpayer Must Know

10 Key Takeaways from the New Income Tax Bill Every Taxpayer Must Know

The new Income Tax Bill is expected to be tabled in Parliament on February 13, 2025. It aims to simplify the existing Income Tax Act, 1961, making tax laws more understandable for the common taxpayer and reducing litigation. Over the years, the Income Tax Act, 1961 has undergone modifications through 66 Budgets (including two interim …

Trump Imposes 25% Tariffs on Steel & Aluminum Imports

Trump Imposes 25% Tariffs on Steel & Aluminum Imports

U.S. President Donald Trump has officially announced a 25% tariff on all steel and aluminum imports, a move set to take effect from March 4, 2025. The decision eliminates previous country-specific exemptions, impacting key exporters like Canada, Brazil, Mexico, and South Korea. The administration has framed this as a step to simplify tariff policies, boost …

ISRO & IIT Madras Unveil Indigenous Chip for Space

ISRO & IIT Madras Unveil Indigenous Chip for Space

In a significant stride towards self-reliance in space technology, the Indian Space Research Organisation (ISRO) and the Indian Institute of Technology Madras (IIT Madras) have collaboratively developed and successfully booted an indigenous semiconductor chip named ‘IRIS’ (Indigenous RISC-V Microprocessor for Space Applications). This development aligns with the ‘Atmanirbhar Bharat’ initiative, aiming to reduce dependence on …

Amending CLNDA India’s Gateway to Nuclear Expansion

Amending CLNDA: India’s Gateway to Nuclear Expansion

Ahead of Prime Minister Narendra Modi’s visit to the U.S. and France (February 10-13, 2025), India has announced plans to amend the Civil Liability for Nuclear Damage Act (CLNDA) and the Atomic Energy Act. The amendments aim to resolve long-standing concerns of foreign nuclear companies, facilitating investment and the execution of stalled projects like Electricité de …

Thaipusam 2025 Devotees Flock to Murugan Temples Across Tamil Nadu

Thaipusam 2025: Devotees Flock to Murugan Temples Across Tamil Nadu

Thaipusam 2025, one of the most significant festivals in Tamil Nadu, Dedicated to Lord Murugan, this festival is marked by fervent devotion, special prayers, kavadi offerings, and grand celebrations across Murugan temples, particularly at the Aarupadai Veedu (six abodes of Murugan). Lakhs of devotees have gathered in Tamil Nadu’s temples to participate in the spiritual …

Key Takeaways From PM Modi's Address at AI Summit 2025 France

Key Takeaways From PM Modi’s Address at AI Summit 2025 France

At the AI Paris Summit, co-hosted by French President Emmanuel Macron, Prime Minister Narendra Modi emphasized the transformative impact of artificial intelligence on economies, security, and society. He underscored the urgency of global collaboration to establish fair AI regulations, mitigate risks, and foster trust. Highlighting India’s achievements, Modi showcased the country’s robust digital public infrastructure, …

GK Quiz on EPFO, Questions and Answers

Gk Quiz on EPFO, Questions and Answers

EPFO (Employees’ Provident Fund Organization) is a government body in India that manages employees’ retirement savings. It ensures that workers have financial security after retirement by collecting contributions from both employees and employers. EPFO also provides pension and insurance benefits. Knowing key facts about EPFO is important for exams and general knowledge. Here is a …

Exploring the History of the Champions Trophy and What to Expect in 2025

Exploring the History of the Champions Trophy and What to Expect in 2025

The Champions Trophy is one of the most prestigious tournaments in the world of cricket, showcasing the top cricketing nations in a limited-overs format. Since its inception, it has become a major event in the international cricket calendar, offering thrilling moments, intense rivalries, and some of the best performances in cricket history. As the cricketing …

Advani Triumphs in Indian Snooker Championship

Advani Triumphs in Indian Snooker Championship

Pankaj Advani, India’s most decorated cueist, clinched his 36th national title and 10th men’s snooker championship at the Yashwant Club. In a dominant display of skill and determination, he defeated Brijesh Damani in the final, turning the tables after an earlier group-stage loss. His victory ensures his place in upcoming international championships, reinforcing his legacy …