Knolls Archive of Day 26th of March 2025

Equalisation Levy

News- The government has proposed the abolition of the 6% Equalisation Levy on online advertising in the Finance Bill 2025. This move will benefit advertisers on digital platforms like Google, X and Meta. Equalisation Levy. About Equalisation Levy The Equalisation Levy was introduced in India through the Finance Act, 2016, to tax digital transactions—specifically, income… Continue reading Equalisation Levy

BHIM 3.0

News- NPCI BHIM Services Ltd. (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), introduced BHIM 3.0. About BHIM (Bharat Interface for Money) It is Unified Payments Interface(UPI) based payment interface application that allows real time fund transfer. It was launched in 2016. Developer: National Payments Corporation of India (NPCI) Purpose: To promote… Continue reading BHIM 3.0

Vikramshila University

News– The government is planning the revival of another ancient center of learning in Bihar—Vikramshila University. About Vikramshila University Location:- It was located in Bhagalpur, Bihar, along the banks of the Ganges River. Founder: It was established by King Dharmapala of the Pala Dynasty in the late 8th to early 9th century AD. It was… Continue reading Vikramshila University

Black Sea

News- US and Russian officials are in Saudi Arabia and holding talks on Ukraine War and Black Sea Ceasefire. The Black Sea ceasefire agreement aims to restore free navigation for shipping. About Black Sea Location– It is a marginal sea of the Atlantic Ocean lying between Europe and Asia. Bordering region: West: The Balkan Peninsula… Continue reading Black Sea

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