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What is Angel Tax?

Central idea: The article provides an overview of the angel tax provisions in the Finance Bill, which were introduced in the Budget. It highlights the concerns raised by the start-up community regarding the impact of these provisions on their operations. Angel Investment An angel investor is an individual who provides financial backing to early-stage startups… Continue reading What is Angel Tax?

Dickinsonia Fossil found in Bhimbetka turns out to be decayed beehive

A Dickinsonia fossil found at Bhimbetka, previously believed to be one of the world’s earliest animals, and has been identified as a decayed beehive. About Bhimbetka The Bhimbetka rock shelters are an archaeological site in central India that spans the prehistoric Paleolithic and Mesolithic periods, as well as the historic period. It exhibits the earliest… Continue reading Dickinsonia Fossil found in Bhimbetka turns out to be decayed beehive

Live transcription of Supreme Court proceedings introduced

Central idea: The Supreme Court introduced live transcription of court proceedings for the first time in the country, employing artificial intelligence (AI) and high-tech tools. Fun fact! The CJI announced that the live transcription will commence on an experimental basis with the constitution bench hearing on the vertical political split in a mainstream Maharashtrian political… Continue reading Live transcription of Supreme Court proceedings introduced

In news: Survey of India

The Survey of India (SOI), India’s 250-year-old map maker, will no longer have a monopoly on making high-resolution maps. SOI will however remain the arbiter of maps that deal with State borders and national boundaries. Key announcements by SOI Focus on map accuracy: The SoI will now take action against digital platforms that violate its… Continue reading In news: Survey of India

APJ Abdul Kalam SLV: India’s 1st Hybrid Rocket launched

India’s first hybrid sounding rocket by private players was launched by some students from Pattipulam village off Tamil Nadu coast. About APJ Abdul Kalam SLV Martin Foundation in association with Dr APJ Abdul Kalam International Foundation and Space Zone India successfully completed the project known as Dr APJ Abdul Kalam Satellite Launch Vehicle Mission 2023.… Continue reading APJ Abdul Kalam SLV: India’s 1st Hybrid Rocket launched

GST Appellate Tribunal gets nod

The GST Council reached a broad consensus on setting up GST Appellate Tribunal; likely to be included in Finance Bill 2023. What is GST Appellate Tribunal? The GST Appellate Tribunal is a quasi-judicial body proposed to be established to resolve disputes related to the Goods and Services Tax (GST) in India. It will function as… Continue reading GST Appellate Tribunal gets nod

Underwater noise emissions pose threat to Indian Marine species: Study

Central idea: The rising man-made (anthropogenic) underwater noise emissions (UNE) from ships in the Indian waters are posing a threat to the life of marine mammals like Bottlenose Dolphin, Manatees, Pilot Whale, Seal, and Sperm Whale. What is Underwater Noise Emissions (UNE)? Underwater noise emissions (UNE) refer to sounds that are produced underwater as a… Continue reading Underwater noise emissions pose threat to Indian Marine species: Study

Species in news: Pangolins

The World Pangolin Day was observed on February 18. Why in news? A not-for-profit organization working on the international trade of animals and plants, has brought out a fact sheet reporting that 1,203 pangolins have been found in illegal wildlife trade in India from 2018 to 2022. Pangolins IUCN status: Endangered India is home to… Continue reading Species in news: Pangolins

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