Source- This post on the Angel Tax has been created based on the article “ANGEL TAX’ ABOLISHED FOR ALL CLASSES OF INVESTORS” published in “PIB” on 25 July 2024. Why in the news? Recently, the Union Minister for Finance proposed to abolish the ‘angel tax’ for all classes of investors while presenting the Union Budget… Continue reading Angel Tax
Tag: 9pm Daily Factly
Lab-Grown Meat
Source- This post on the Lab-Grown Meat has been created based on the article “In Singapore, customers can now buy meat grown in a lab” published in “Indian Express” on 25 July 2024. Why in the news? Singapore is currently the only country in the world where lab-grown meat is available for purchase. What is… Continue reading Lab-Grown Meat
National Cooperative Policy
Source-This post on National Cooperative Policy has been created based on the article “Budget 2024: Government to introduce a national cooperation policy for the cooperative sector to boost rural economy” published in “Mint” on 24 July 2024. Why in the news? The Centre will introduce a national cooperation policy to systematically and comprehensively develop the… Continue reading National Cooperative Policy
Discovery of traces of water in lunar soil by Chang’e-5 mission
Source- This post on the Discovery of traces of water in lunar soil by Chang’e-5 mission has been created based on the article “Chinese scientists find traces of water in lunar soil brought by Chang’e-5 mission” published in “Indian Express” on 25 July 2024. Why in the news? Chinese scientists have discovered water molecules in… Continue reading Discovery of traces of water in lunar soil by Chang’e-5 mission
‘Triput’ class advance frigates
Source- This post on the ‘Triput’ class advance frigates has been created based on the article “Two Russian stealth frigates for Indian Navy launched” published in “The Hindu” on 25 July 2024. Why in the news? Recently, the first of two advanced frigates being built by Goa Shipyard Limited (GSL) for the Indian Navy was… Continue reading ‘Triput’ class advance frigates
Project Cheetah- Next Phase in Gujarat
Source- This post on the Project Cheetah- Next Phase in Gujarat has been created based on the article “Grasslands in Kutch likely to host cheetahs from Africa” published in “The Hindu” on 24 July 2024. Why in the news? As per the environment ministry, Grasslands in Kutch may become home to cheetahs from Africa. Next… Continue reading Project Cheetah- Next Phase in Gujarat
ICMR’s New TB Detection System
Source- This post on the ICMR’s New TB Detection System has been created based on the article “ICMR ready to transfer technology of a ‘breakthrough’ TB detection system” published in “The Hindu” on 25 July 2024. Why in the news? The Indian Council of Medical Research (ICMR) is working to spread a new, affordable, fast,… Continue reading ICMR’s New TB Detection System
Employment-Linked Incentive Schemes
Source- This post on the Employment-Linked Incentive Schemes has been created based on the article “Five new schemes to aid job creation” published in “The Hindu” on 24 July 2024. Why in the news? The Union Budget allocates ₹2 lakh crore for employment and skilling schemes. About Employment-Linked Incentive Schemes 1. The Centre will implement… Continue reading Employment-Linked Incentive Schemes
Road Map for ‘Hard to Abate’ Industries
Source- This post on the Road Map for ‘Hard to Abate’ Industries has been created based on the article “Emission standards may be imposed on polluting industries” published in “The Hindu” on 24 July 2024. Why in the news? Finance Minister Nirmala Sitharaman’s Budget speech indicated that “hard to abate” industries such as iron, steel,… Continue reading Road Map for ‘Hard to Abate’ Industries
Tax simplification measures for settling direct tax disputes
Source- This post on the Tax simplification measures for settling direct tax disputes has been created based on the article “Govt decriminalises late payment of TDS, to reduce litigation with Vivad se Vishwas scheme” published in “Indian Express” on 24 July 2024. Why in the news? The Union Budget proposes several tax simplification measures, including… Continue reading Tax simplification measures for settling direct tax disputes

