G7 Nations Agree to Exempt U.S. Firms from Global Minimum Tax

June 30, 2025

In a significant policy shift, the Group of Seven (G7) nations have agreed to exempt U.S. multinational companies from the global minimum tax framework, offering them a special “side-by-side” taxation solution. The arrangement, pushed by U.S. President Donald Trump’s administration, will ensure that American corporations are taxed solely by the United States on both domestic …

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ESIC Relaunches SPREE & Introduces Amnesty Scheme 2025 to Boost Compliance

June 30, 2025

In a landmark decision to improve social security coverage and reduce legal disputes, the Employees’ State Insurance Corporation (ESIC) has announced the relaunch of the SPREE scheme (Scheme to Promote Registration of Employers/Employees) from July 1 to December 31, 2025. Simultaneously, it has introduced the Amnesty Scheme – 2025, a one-time dispute resolution window running …

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India’s Farm Output Hits ₹29.49 Lakh Crore in FY24: NSO Report

June 30, 2025

India’s agriculture and allied sectors have recorded a significant economic boost over the past decade, with the Gross Value of Output (GVO) rising to ₹29.49 lakh crore in FY24, as per data released by the National Statistics Office (NSO). This marks a 54.6% increase from FY12, showcasing sustained growth despite challenges like climate variability, global …

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Amit Shah Inaugurates Turmeric Board HQ in Nizamabad

June 30, 2025

In a major move to empower turmeric farmers and boost exports, Union Home Minister Amit Shah inaugurated the National Headquarters of the Turmeric Board in Nizamabad, Telangana on June 30, 2025. The initiative reflects the government’s focused effort to enhance turmeric production, branding, research, and global trade. With a strong backing of ₹200 crore and …

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Post Offices to Accept UPI Payments Nationwide by August 2025

June 30, 2025

In a major move toward financial inclusion and digital empowerment, the Department of Posts has announced that all post offices in India will start accepting digital payments at their counters by August 2025. This transformation is enabled by a robust IT infrastructure upgrade known as IT 2.0, which introduces dynamic QR code-based payment integration with …

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India Bans Jute Imports from Bangladesh via Land and Sea Ports

June 30, 2025

In a significant trade move, India has imposed port entry restrictions on jute and allied products from Bangladesh, citing concerns over subsidized imports that harm the Indian jute sector. The restrictions, effective immediately from June 27, 2025, will apply to all land and seaports, with the sole exception of Nhava Sheva seaport in Mumbai, according …

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Which is the Most Expensive Spice in the World? Know the Name

June 30, 2025

Spices are used all over the world to add taste, color and smell to food. While many spices are cheap and easy to find, some are very rare and costly. Among all the spices, saffron is known as the most expensive one. It is loved for its rich color, special smell and health benefits, but …

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National Doctor’s Day 2025, Date, Significance, Theme

June 30, 2025

National Doctor’s Day 2025, observed on July 1, commemorates the contributions of doctors and healthcare professionals across India. Established in 1991 in honour of Dr. Bidhan Chandra Roy, the day is a tribute to their selfless service and commitment to public health. The theme for 2025, “Behind the Mask: Who Heals the Healers?”, emphasises the …

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RBI Tightens AePS Rules to Combat Fraud From January 2026

June 30, 2025

In response to a surge in fraudulent activities within Aadhaar Enabled Payment System (AePS) transactions, the Reserve Bank of India (RBI) has issued a set of stringent new guidelines aimed at strengthening the operational framework of AePS touchpoints. Effective from January 1, 2026, the revised norms require stricter KYC, activity monitoring, and a ‘one operator-one …

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India’s External Debt Rises 10% to $736.3 Billion: RBI Data

June 30, 2025

India’s external debt surged by 10% to reach $736.3 billion at the end of March 2025, up from $668.8 billion a year earlier, according to the latest data released by the Reserve Bank of India (RBI). This increase has also pushed the external debt-to-GDP ratio up from 18.5% to 19.1%, reflecting the impact of global …

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Monthly Archives: June 2025

G7 Nations Agree to Exempt U.S. Firms from Global Minimum Tax

ESIC Relaunches SPREE & Introduces Amnesty Scheme 2025 to Boost Compliance

India’s Farm Output Hits ₹29.49 Lakh Crore in FY24: NSO Report

Amit Shah Inaugurates Turmeric Board HQ in Nizamabad

Post Offices to Accept UPI Payments Nationwide by August 2025

India Bans Jute Imports from Bangladesh via Land and Sea Ports

Which is the Most Expensive Spice in the World? Know the Name

National Doctor’s Day 2025, Date, Significance, Theme

RBI Tightens AePS Rules to Combat Fraud From January 2026

India’s External Debt Rises 10% to $736.3 Billion: RBI Data

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