GST REFORMS 2025 Why in News? On 15th August 2025, the Government of India announced a major restructuring of the Goods and Services Tax (GST), termed as “GST 2.0”. What is GST? Goods and Services Tax (GST) is a destination-based indirect tax, launched on 1 July 2017, subsuming central and state tax...
India’s proposed Export Promotion Mission (2025) Why in News? The Government of India is set to launch a ₹20,000 crore Export Promotion Mission aimed at cushioning Indian exporters from the adverse impact of recent U.S. tariff hikes and boosting competitivenes in global markets. Context In August 20...
All About Central Bank Digital Currency and how Digital Rupee works What is CBDC or the digital rupee? CBDC is a legal tender issued by the RBI in digital form. It is the same as the fiat currency, and is exchangeable one-to-one with the fiat currency. Only its form is different — it is not paper (o...