31 January 2025 News Topics:
📰 News: Ancient Iron Discovery in Tamil Nadu
🛠️ Ancient Iron Usage: A report reveals that iron usage in Tamil Nadu dates back to the 4th millennium BCE.
🕰️ Challenges to Conventional Beliefs: Radiometric dating disputes the idea that the Iron Age in India began around 1500-2000 BCE.
🌏 Global Metallurgy Pioneer: Tamil Nadu's early metallurgy dates position it nearly two millennia ahead of global timelines.
📰 News: Indonesia at India’s 76th Republic Day Celebrations
🇮🇩 Indonesia’s President as Chief Guest: Marking 75 years of India-Indonesia diplomatic relations.
🤝 Key MoUs Signed: Areas include maritime security, health, traditional medicine, digital infrastructure, and cultural cooperation.
🌍 Strengthening Bilateral Ties: Both nations reaffirm their commitment under the Comprehensive Strategic Partnership framework.
📰 News: Issues with the Current Tax Framework
📉 GST's Impact on Economic Growth: The tax framework is slowing business development and reducing investor confidence.
⚖️ Retrospective Tax Amendment: The GST Council's decision undermines the Supreme Court ruling and raises concerns about the rule of law.
💼 Negative Business Effects: Denial of ITC, complicated taxes, and focus on revenue maximisation are hurting businesses.
💡 Need for Tax Reform: Simplifying the tax policy is essential to avoid long-term economic stagnation.
📰 News: Mining Tragedies and Sustainable Practices
⛏️ Mining Tragedy in Assam: A rat-hole mining accident trapped nine miners in Dima Hasao district, highlighting the risks of unregulated mining.
🌱 Biomining in Kerala: Sustainable waste and resource management is underway at the Koottupatha trenching ground in Palakkad.
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