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Category : Business and economics
Published on: December 06 2025
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Lok Sabha has approved the Central Excise (Amendment) Bill, 2025 and the Health & National Security Cess Bill, introducing a revised tax regime for tobacco, cigarettes and pan masala. The move replaces the GST compensation cess, which ends on March 31, 2026. The new structure maintains high taxation on sin goods, ensures revenue continuity and directs funds toward health and national security. Excise duty on cigarettes will range from ₹5,000–₹11,000 per 1,000 sticks, alongside heavy duties on unmanufactured tobacco and nicotine products.
SEBI has launched SWAGAT-FI, a single-window system allowing low-risk global investors to register simultaneously as FPIs and FVCIs, with extended registration validity of 10 years.
Read More....Armand Duplantis and Sydney McLaughlin-Levrone were crowned World Athletes of the Year at the World Athletics Awards 2025 in Monaco.
Read More....On 5 December 2025, International Volunteer Day marked the global launch of IVY 2026, emphasizing that every volunteer contribution is vital for sustainable development.
Read More....Lok Sabha has passed the Central Excise (Amendment) Bill 2025, introducing a new tax regime on tobacco and pan masala to replace the GST compensation cess ending in March 2026.
Read More....Luana Lopes Lara, at 29, becomes the world’s youngest self-made woman billionaire.
Read More....Victoria University lays foundation for its first India campus in Gurugram, bringing Australian education closer to Indian students.
Read More....On December 5, 2025, World Soil Day emphasizes the role of healthy soils in building sustainable and resilient cities.
Read More....Passport Verification Records are now digitally accessible on DigiLocker, enhancing convenience, security, and paperless governance.
Read More....WHO recommends GLP-1 therapies for obesity, while Samagra Shiksha Scheme promotes equitable and quality education under NEP 2020.
Read More....Numaligarh Refinery Limited becomes the 27th CPSE to attain Navratna status, enhancing operational autonomy.
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