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Prelims

PROJECT NEXUS

15-Apr-2025

Project Nexus is a multilateral initiative conceptualized by the Bank for International Settlements (BIS) to facilitate instant cross-border retail payments by interlinking domestic Instant Payment Systems (IPS). 

European Space Agency's Biomass Mission

15-Apr-2025

The European Space Agency (ESA) is set to launch its ambitious Biomass mission later this month, on April 29, 2025.

Carbon Rights: Importance, Conservation and Relevance

15-Apr-2025

The Rights and Resources Initiative has presented an overview of carbon rights in a report titled ‘Carbon Rights of Indigenous Peoples, Peoples of African Descent and Local Communities in Tropical and Subtropical Lands and Forests’.

UN GLOBAL TAX TREATY

14-Apr-2025

The global tax landscape is undergoing a significant transformation with the emergence of the UN Global Tax Treaty, a proposed multilateral convention under the United Nations aimed at reforming international tax rules. 

Digital Public Infrastructure

14-Apr-2025

Digital Public Infrastructure (DPI) is defined as a set of shared digital systems that facilitate the delivery of public and private services to citizens at societal scale. 

Windfall Tax

14-Apr-2025

A windfall tax is a one-time tax levied by governments on companies or industries that earn unexpectedly large profits due to circumstances beyond their control. 

Double Taxation Avoidance Agreement (DTAA)

14-Apr-2025

In today’s globalized economy, individuals and companies often earn income across borders. 

Harichand Thakur and his contribution

14-Apr-2025

Prime Minister Narendra Modi paid tribute to Shri Harichand Thakur on his birth anniversary.

Glide Bomb ‘Gaurav’

14-Apr-2025

The Defence Research and Development Organisation (DRDO) successfully test fired Long Range Glide Bomb (LRGB) ‘Gaurav’ from Sukhoi-30 MKI fighter aircraft.

ADVANCE PRICING AGREEMENTS

14-Apr-2025

An Advance Pricing Agreement (APA) is a formal and binding agreement between a taxpayer and a tax authority, which determines the transfer pricing methodology to be applied to certain international transactions for a fixed period in the future.

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