Taxing Virtual Digital Assets: The Income Tax Bill, 2025 classifies Virtual Digital Assets (VDAs) as property and capital assets, bringing them under capital gains taxation and regulatory scrutiny. The bill imposes a 30% tax on VDA transfers, 1% TDS on transactions, and mandates reporting, ensuring transparency and preventing financial misuse.Virtual Digital Assets (VDAs) refer to […]
Month: March 2025
Payodhi Milk Bank
Payodhi Milk Bank: AIIMS launched ‘Payodhi’, a human milk bank, to provide pasteurised donor human milk for critically ill preterm babies in the NICU.Payodhi is a human milk bank and lactation management centre at AIIMS, New Delhi.It collects, processes, and stores pasteurised donor milk for premature and critically ill newborns.Launched at AIIMS Neonatology Division, Department […]
Navratna Status
Navratna Status: The Central Government has granted Navratna status to IRCTC and IRFC, making them the 25th and 26th Navratna CPSEs in India.Navratna is a prestigious classification for Central Public Sector Enterprises (CPSEs) demonstrating exceptional financial and operational performance. It grants greater investment autonomy and decision-making flexibility.
Steve Smith Announces Retirement from One-Day Internationals
Steve Smith Announces Retirement from One-Day Internationals: Australian cricketing great Steve Smith has announced his retirement from One-Day Internationals (ODIs), bringing an end to a remarkable career in the 50-over format. Known for his unorthodox yet highly effective batting style, Smith played a pivotal role in Australia’s ODI success, contributing significantly with the bat and […]
India’s Leadership in Green Hydrogen
India’s Leadership in Green Hydrogen: Union Minister for New and Renewable Energy, Shri Pralhad Joshi, emphasized India’s commitment to becoming a global leader in green hydrogen production and utilization. Speaking at the launch of India’s first fleet of hydrogen-powered truck trials in New Delhi, he highlighted the transformative role of the National Green Hydrogen Mission […]
Daily Current Affairs for UPSC IAS: 5 March 2025
Today’s Current Affairs: 5th March 2025 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Bollgard-3
Bollgard-3: There has been an increasing demand for Bollgard-3 in Punjab, ahead of the cotton sowing season. It is a pest-resistant genetically-modified (GM) cotton variety. It was developed by Monsanto more than a decade ago, and shows remarkable resistance to pests. It contains three Bt proteins Cry1Ac, Cry2Ab and Vip3A that cause insect death by […]
Dragon Copilot : New Voice-Activated AI Assistant
Dragon Copilot: New Voice-Activated AI Assistant The Microsoft has introduced a new voice-activated AI assistant called Dragon Copilot. Dragon Copilot is the new healthcare AI tool which is being offered as part of Microsoft Cloud for Healthcare. It is designed to help doctors and healthcare professionals transcribe clinical notes and draft paperwork as well as […]
Seagrass
Seagrass: According to recent study, seagrass has been declining at a rate of 1-2 per cent per year for the past century and nearly 5 per cent of species are now endangered. It is a flowering plantthat grows submerged in shallow marine waters like bays and lagoons. It is so-named because most species have long […]
Ruellia elegans
Ruellia elegans : A new study has flagged the threat to native biodiversity from a botanical Brazilian beauty Ruellia elegans. R. elegans derives its name from its pleasing appearance or elegance. It is native to Brazil and predominantly thrives in wet tropical biome. It is commonly known as the Brazilian petunia, Christmas pride, elegant Ruellia, […]
