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Daily Current Affairs: 4 March 2025

Current affairs of 4 March 2025: India-Australia Roadmap: Four Superhighways of Growth; Pew Survey on US Views of Ukraine Aid and NATO; India-Belgium Defence Talks: Indo-Pacific and Industry Focus, and 16 more topics. Key facts for every exam, with a quiz.

19 TOPICSDaily CurrentAffairs4 March 2025In focus: India-Australia Roadmap: Four…safalsetu.com

Government Schemes

Banking & Finance

Economy

Economy

3. VDA Taxation in Income Tax Bill 2025: Key Rules

  • Income Tax Bill, 2025 defines virtual digital assets in Section 2(111), explicitly including NFTs, and excludes Indian and foreign currency.
  • VDA transfers attract a flat 30% tax; only acquisition cost is deductible, and 1% TDS applies to all VDA transactions including P2P.
  • VDAs are classed as property (Section 92(5)(f)) and capital assets (Section 76(1)).
  • Unreported VDA holdings can be treated as undisclosed income (Section 301); dealers must report under Section 509.
Full notes and 3 MCQs ›
Economy

6. India Manufacturing PMI Eases to 56.3 in February 2025

  • India's Manufacturing PMI was 56.3 in February, down from 57.7 in January, but still well above 50.
  • PMI weights: New Orders 30%, Output 25%, Employment 20%, Delivery Times 15%, Stocks 10%.
  • New orders rose for the 44th month in a row; hiring was the second highest in survey history.
  • A PMI above 50 means expansion and below 50 means contraction.
Full notes and 3 MCQs ›

International Affairs

Science & Technology

Environment & Ecology

Environment & Ecology

16. Gangetic Dolphin Survey: 6,327 Counted Across River Systems

  • India's first standardised survey counted 6,327 Gangetic dolphins in the Ganga, Brahmaputra and their tributaries.
  • The survey covered river stretches totalling 8,507 km; earlier methods differ, so population trends cannot yet be drawn.
  • Hydrophones that record echolocation clicks help triangulate positions and avoid double counting.
  • Entanglement in fishing nets is among the leading causes of dolphin deaths.
Full notes and 3 MCQs ›

Defence & Security

Reports & Indexes

Test yourself

15 questions from the news of 4 March 2025, with answers and explanations.

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