Tax Reforms under Union Budget 2026-27: The government replaces the existing Income Tax Act, 1961 with a new, simplified Income Tax Act, 2025, effective from 1st April 2026. Tax Rates: No changes to the tax slabs for FY 2026-27; stability maintained. Tax Collected at Source (TCS) on overseas tour packages and remittances for education/medical purposes […]
Tag: 3rd Feb 2026
Buddhist Circuit in Northeast: Union Budget 2026
Buddhist Circuit in Northeast: Union Budget 2026 In the Union Budget 2026–27, Finance Minister Nirmala Sitharaman announced a new scheme to develop a Buddhist Circuit in the Northeast to preserve temples and monasteries and promote tourism. The Buddhist Circuit (Northeast) is a heritage–tourism initiative aimed at conservation, connectivity, and promotion of Buddhist monasteries and pilgrimage […]
Highlights of the Union Budget 2026-27
Highlights of the Union Budget 2026-27: The Union Minister of Finance and Corporate Affairs presented the Union Budget 2026–27 in Parliament, marking the first Budget prepared in the newly inaugurated Kartavya Bhawan.The budget framed as a Yuva Shakti-driven Budget, is anchored in the vision of Viksit Bharat and reflects the guiding principles of Action over […]
National Leprosy Day
National Leprosy Day: On National Leprosy Day (last Sunday of January), the Ministry of Health and Family Welfare conducted an Information, Education and Communication (IEC) outreach programme to promote awareness, early detection, and stigma reduction related to leprosy.Leprosy is a chronic infectious disease caused by Mycobacterium leprae (bacteria), affecting skin and peripheral nerves, transmitted via […]
NASA announced the open-source release of ExoMiner++
NASA announced the open-source release of ExoMiner++: NASA announced the open-source release of ExoMiner++ advancing the search for planets beyond our solar system. About: ExoMiner++ is a deep-learning AI model developed by NASA to detect exoplanets from space-telescope data, serving as the advanced successor to the earlier ExoMiner system.It analyses stellar brightness over time, identifying […]
RBI–ESMA Memorandum of Understanding
RBI–ESMA Memorandum of Understanding: The Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) with the European Securities and Markets Authority (ESMA) during the visit of the President of the European Council and the President of the European Commission to India.The MoU will enable formal recognition of the Clearing Corporation of India Ltd. […]
Record Allocation for defence
Record Allocation for defence: In the Union Budget 2026–27, Finance Minister Nirmala Sitharaman announced a record ₹7.85 lakh crore allocation for defence, the highest ever.The defence allocation for 2026–27 represents a strategic fiscal push to modernise the armed forces, meet post-operation requirements, and accelerate Aatmanirbhar Bharat in defence manufacturing.The government proposed to exempt basic customs […]
Rare Earth Corridors : Union Budget 2026
Rare Earth Corridors : Union Budget 2026 The Union Budget 2026–27 announced the establishment of dedicated Rare Earth Corridors in four coastal states to strengthen India’s critical minerals ecosystem.Rare Earth Corridors are integrated, state-anchored industrial value chains designed to link mining, processing, research and manufacturing of rare earth elements (REEs), particularly rare earth permanent magnets […]
Moltbook Platform
Moltbook Platform: A new online platform called Moltbook, has drawn global attention after AI agents began independently posting, debating, forming communities, belief systems and governance models.Moltbook is an AI-only social media platform where verified AI agents interact exclusively with other AI agents, while humans can only observe. It resembles Reddit in structure, with topic-based communities […]
