This week's key developments include a landmark Supreme Court judgment on retrospective GST for online gaming, major strategic and defence partnerships with Cyprus and Vietnam, and the launch of new Quad initiatives. These events test core concepts in polity, economy, and international relations, making them high-yield for both Prelims and Mains.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›Retrospective GST Rate: 28%
- ›Tax Demand Revived: ₹2.5 lakh crore
- ›Target this Data: 28% GST rate upheld retrospectively for online gaming.
- ›Target this Nodal Body: Online Gaming Authority of India (OGAI) under MeitY.
- ›Target this Legal Point: Distinction between Parole (sentence suspended) and Furlough (counts as remission).
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