The Central Excise (Amendment) Act, 2025: The Centre has notified the Central Excise (Amendment) Act, 2025 and related tax changes on tobacco products, effective February 1, 2026. The Central Excise (Amendment) Act, 2025 amends the Central Excise Act, 1944 to revise excise duties on tobacco and tobacco-related products, which remain outside the full GST framework. […]
Tag: 2nd Jan 2026
UPI Transactions Surge to 21.63 Billion in December 2025
UPI Transactions Surge to 21.63 Billion in December 2025: India’s digital payments ecosystem continues to expand rapidly. In December, transactions through the Unified Payments Interface recorded strong growth in both volume and value. The latest figures underline the growing reliance on cashless payments by individuals and businesses, reinforcing India’s position as a global leader in […]
India, Pakistan Complete Exchange of Nuclear Facility Information
India, Pakistan Complete Exchange of Nuclear Facility Information: India and Pakistan have continued an important diplomatic tradition related to nuclear safety. Both countries exchanged the list of their nuclear installations and facilities through official diplomatic channels. This step reflects an established confidence-building mechanism aimed at reducing risks and maintaining strategic stability in South Asia.India and […]
Gaganyaan and Artemis-II
Gaganyaan and Artemis-II: The year 2026 is expected to be a defining moment for global space exploration. India and the United States are preparing two major human spaceflight missions. While India’s Gaganyaan will test indigenous crewed spaceflight systems, NASA’s Artemis-II will take humans beyond the Moon after more than five decades, shaping the future of […]
Assam Becomes First State to Constitute 8th State Pay Commission
Assam Becomes First State to Constitute 8th State Pay Commission: Assam has taken a lead in government pay reforms by becoming the first state in the country to set up its 8th State Pay Commission. This proactive decision comes just before the end of the 7th Pay Commission’s term on January 1, 2026. The move […]
India-UAE Desert Cyclone II Military Exercise Concludes in Abu Dhabi
India-UAE Desert Cyclone II Military Exercise Concludes in Abu Dhabi: India and the United Arab Emirates continue to deepen their strategic defense partnership through regular joint military exercises. Desert Cyclone II, the second edition of the bilateral army exercise, concluded successfully in Abu Dhabi, showcasing growing interoperability, trust, and coordination between the armed forces of […]
Bulgaria became the 21st member of the Eurozone
Bulgaria became the 21st member of the Eurozone: Bulgaria became the 21st member of the Eurozone bringing it closer to full European integration.The eurozone, or officially the euro area, refers to the geographic and economic region comprising those members of the European Union that have fully adopted the euro as their official currency.Bulgaria is located […]
Vande Bharat Sleeper Train Cleared for Service
Vande Bharat Sleeper Train Cleared for Service: Indian Railways is set to usher in a new era of long-distance rail travel with the successful trial and certification of the Vande Bharat Sleeper Train. Designed for overnight journeys, this next-generation train promises high speed, modern amenities and affordable fares, marking a major leap in passenger comfort […]
