Daily news
Daily news for TNPSC and other Tamil Nadu exams — short, exam-focused, in Tamil and English.
IntroductionIn a crucial constitutional debate on fiscal federalism and resource governance, Parliament on 17 August 2026 deliberated on the Mines and Minerals (Development and Regulation) Amendment Bill, 2026. The legis...
IntroductionParliament passed the landmark Mines and Minerals (Development and Regulation) Amendment Bill, 2026, on 13 August 2026, with the Lok Sabha clearing it on August 12 and the Rajya Sabha passing it on August 13....
IntroductionParliament cleared the Taxation and Other Laws (Amendment) Bill, 2026 during the Monsoon Session on 10 August 2026. One of the most notable aspects of the passage was a clarification from Finance Minister Nir...
IntroductionIn a deeply structural and highly massive financial administration reform, Union Finance Minister Nirmala Sitharaman strictly and officially outlined the fierce absolute 5Rs of Responsive Tax Governance, forc...
IntroductionIn a deeply structural and highly massive economic revelation based on Income Tax Returns (ITR), India strictly and officially recorded a fierce massive surge in ultra-high-income individuals, with the absolu...
IntroductionIn a deeply structural and highly massive consolidation of India's rapidly expanding digital economy, the Internet and Mobile Association of India (IAMAI) strictly and officially launched the massive E-Commer...
Introduction In a deeply structural and highly massive economic milestone, India strictly and officially observed GST Day on July 1, 2026, marking the 9th anniversary of the implementation of the Goods and Services Tax....
IntroductionIn a deeply strategic and highly impactful macroeconomic decision, the Union Government significantly increased the extremely crucial Special Additional Excise Duty (SAED), widely known as the windfall tax, o...
**Overview** In early May 2026, the government reported that India's gross Goods and Services Tax (GST) collections reached a historic, record-breaking peak of ₹2.43 lakh crore for the month of April, showcasing immense...
Income Tax Act 2025: Streamlining the Direct Tax LandscapeThe Income Tax Act, 2025, has officially come into effect from April 1, 2026, completely replacing the six-decade-old Income Tax Act of 1961. This historic reform...
India has removed the Most Favoured Nation (MFN) clause from its Double Taxation Avoidance Convention (DTAC) with France. An MFN clause in a tax treaty can let one partner automatically claim lower tax rates or benefits...
**Overview** In a significant indicator of robust economic activity, India's gross Goods and Services Tax (GST) collections for February 2026 witnessed a strong upward trajectory, registering an 8.1% year-on-year increas...
