News Summary · 4 minutes read
Stay ahead in your UPSC CSE preparation with our daily News Summary. Designed to save time, it highlights key national and international events from leading newspapers and government websites.
Pamban bridge
- Recently inaugurated by the PM Modi on April 6, 2025 ⇒ India’s first vertical lift sea bridge (over 2 km) constructed by Rail Vikas Nigam Ltd (RVNL) over the Palk Strait ⇒ Vertical lift span facilitates smooth ship movement underneath.
- RVNL is a Navratna CPSE.
- Connects Rameshwaram (Pamban Island) with the mainland of Tamil Nadu.
New Tax Regime of India
- Announced on Feb 1, 2025, during the Union Budget 2025-26 speech.
- Tax rate slabs: ₹0-4 lakh (Nil), ₹4-8 lakh (Tax 5% — ₹20,000), ₹8-12 lakh (10% — ₹40,000), ₹12-16 lakh (15%), ₹16-20 lakh (20%), ₹20-24 lakh (25%) and above ₹24 lakh (30%).
- No tax on income up to ₹12 lakh per annum.
- Wait a second… how can someone still pay zero tax if there’s a 5% tax on the income range of ₹4–8 lakh and 10% on ₹8–12 lakh? What’s the catch?💡Hint: Rebate
- Feel free to discuss HERE.
- Marginal relief: Can be claimed if the taxable income is between ₹12 lakh and ₹12.75 lakh ⇒ Excess amount over no-tax limit (12 lakh) is deducted from total tax payable.
Chintan Shivir 2025
- Being organised (April 7-8) by the Ministry of Social Justice and Empowerment in Dehradun.
- To enhance Centre-State coordination and inclusive delivery of government services at the grassroots level.
Women and Men in India 2024: Selected Indicators and Data
- Released by the Ministry of Statistics and Programme Implementation (MoSPI).
- Women own 39.2% (rural areas- 42.2%) of bank accounts in India.
- Labour Force Participation Rate in usual status for individuals aged 15 and older has increased from 49.8% in 2017-18 to 60.1% in 2023-24.
Quick Picks
- April 7: World Health Day⇒ 2025’s theme: Healthy Beginnings, Hopeful Futures.
- Kinshasa: Capital of the Democratic Republic of Congo.
- El-Fasher: Capital city of North Darfur, Sudan.
- 150th Inter-Parliamentary Union (IPU) Summit: Tashkent, Uzbekistan.
- Sudarsan Pattnaik:1st Indian to receive the Fred Darrington Sand Master Award for his contributions to sand art ⇒ Award was presented during the Sandworld 2025 International Sand Art Festival in Dorset, England.
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