Skip to content

Free updates Login

Daily Current Affairs: 12 August 2025

Current affairs of 12 August 2025: Revised Income Tax Bill 2025: Key Changes Explained; Jal Jeevan Mission: Rural Tap Coverage Hits 81% in 2025; MAT vs AMT: Income Tax (No. 2) Bill 2025 Separates the Two, and 12 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)August 2025

In this issue: 15 topics

National Affairs

Revised Income Tax Bill 2025: Key Changes Explained
NOTTO issues 10-point advisory to favour women in organ allocation

Government Schemes

Jal Jeevan Mission: Rural Tap Coverage Hits 81% in 2025
Cabinet approves Rs 4,250 crore packages for Assam and Tripura

Banking & Finance

SEBI FPI proposals: IFSC retail schemes and SWAGAT-FI single window
Large Value Funds: SEBI Proposes ₹25 Crore Minimum Ticket

Economy

MAT vs AMT: Income Tax (No. 2) Bill 2025 Separates the Two

International Affairs

Kenya certified by WHO as free of sleeping sickness
Tuvalu Begins World’s First Planned Climate Migration

Agriculture & Rural

National Handloom Day 2025: NABARD Event on Assam Weavers

Science & Technology

IIST and KAU Study Seeds Flown to ISS on Axiom-4 Mission
NASA Plans 100-kW Nuclear Reactor on the Moon by 2030

Environment & Ecology

World Elephant Day 2025: India’s elephant conservation facts
Contaminated Sites Rules, 2025: Framework to Clean Toxic Sites

Reports & Indexes

India’s 3rd Voluntary National Review on SDGs presented

National Affairs

Polity & Governance

1. Revised Income Tax Bill 2025: Key Changes Explained

FM Nirmala Sitharaman tabled the Revised Income Tax Bill, 2025 in Lok Sabha to replace the Income Tax Act, 1961.
It reflects most of the Parliamentary Select Committee's 566 recommendations.
'Tax Year' replaces 'Previous Year' and 'Assessment Year'; AMT is removed for LLPs.

Full notes and 3 MCQs ›

Health & Social Issues

2. NOTTO issues 10-point advisory to favour women in organ allocation

NOTTO issued a 10-point advisory to cut gender disparity, giving women on waiting lists extra points in organ allocation.
Near relatives of deceased donors who need transplants get priority, and every donor and recipient gets a unique ID.
States are asked to create permanent transplant coordinator posts in hospitals.
India recorded 18,900 organ transplants in 2024, up from under 5,000 in 2013.

Full notes and 3 MCQs ›

Government Schemes

Government Schemes

3. Jal Jeevan Mission: Rural Tap Coverage Hits 81% in 2025

Rural tap water coverage under Jal Jeevan Mission reached 81% in 2025, up from 17% in 2019.
Over 15.68 crore households benefit.
The mission began in August 2019 and aims at Functional Household Tap Connections for every rural home.
Transparency tools include Aadhaar-linked monitoring, geo-tagged assets, IoT sensors and third-party inspection.

Full notes and 3 MCQs ›

Polity & Governance

4. Cabinet approves Rs 4,250 crore packages for Assam and Tripura

The Union Cabinet approved four new components under the Special Development Packages scheme, with a Rs 4,250 crore central outlay.
Total outlay is Rs 7,250 crore: Centre Rs 4,250 crore (Assam Rs 4,000 crore, Tripura Rs 250 crore) and Assam Rs 3,000 crore.
The packages implement settlements signed in 2022-2024 with Adivasi, Dimasa, ULFA, NLFT and ATTF groups.
Assam components run five years (2025-26 to 2029-30); the Tripura component runs four years (2025-26 to 2028-29).

Full notes and 3 MCQs ›

Banking & Finance

5. SEBI FPI proposals: IFSC retail schemes and SWAGAT-FI single window

SEBI proposed letting IFSC retail schemes of resident Indian sponsors register as FPIs.
Resident Indian FMEs may fund up to 10% of such a scheme.
SWAGAT-FI would give trusted investors one registration valid for 10 years.

Full notes and 3 MCQs ›

Banking & Finance

6. Large Value Funds: SEBI Proposes ₹25 Crore Minimum Ticket

SEBI proposed lowering the Large Value Fund minimum from ₹70 crore to ₹25 crore; comments were open till 29 August 2025.
The 1,000-investor cap would be removed for LVFs.
LVFs would skip the standard PPM template and NISM certification for dedicated teams.

Full notes and 3 MCQs ›

Economy

7. MAT vs AMT: Income Tax (No. 2) Bill 2025 Separates the Two

The Income Tax (No. 2) Bill, 2025 formally separates MAT (companies) from AMT (certain non-corporates).
MAT rate is around 15% of book profits; AMT rate is around 18.5%, both plus surcharge and cess.
LLPs with only capital gains income and no specified deductions are now exempt from AMT.

Full notes and 3 MCQs ›

International Affairs

International Relations

8. Kenya certified by WHO as free of sleeping sickness

WHO certified Kenya as having eliminated human African trypanosomiasis (sleeping sickness) as a public health problem.
Kenya is the 10th African country to reach this milestone.
Sleeping sickness is spread by tsetse fly bites and is caused by Trypanosoma brucei parasites.
WHO aims to interrupt transmission completely by 2030.

Full notes and 3 MCQs ›

Environment & Ecology

9. Tuvalu Begins World’s First Planned Climate Migration

Tuvalu is carrying out the world's first planned national migration, to Australia, because of sea-level rise.
Australia will accept 280 Tuvaluans each year as permanent residents through a ballot-based climate visa, starting 2025.
Tuvalu's average elevation is just 2 metres; NASA predicts most of its land could be submerged by 2050.
Tuvalu has nine islands and became independent from the UK in October 1978.

Full notes and 3 MCQs ›

Agriculture & Rural

Government Schemes

10. National Handloom Day 2025: NABARD Event on Assam Weavers

NABARD marked National Handloom Day on 7 August 2025 in Guwahati, focusing on Assam's rural economy.
Assam has 12.83 lakh weavers, over 90% of them women.
NABARD has helped over 8,000 weavers, including through Weavers Producer Organisations.

Full notes and 3 MCQs ›

Science & Technology

Agriculture & Rural Development

11. IIST and KAU Study Seeds Flown to ISS on Axiom-4 Mission

IIST and Kerala Agricultural University began researching crop seeds that were sent to the ISS on Axiom-4.
The study examines how exposure to space affects germination, growth and productivity.
It ties space missions to agricultural research.

Full notes and 3 MCQs ›

Science & Technology

12. NASA Plans 100-kW Nuclear Reactor on the Moon by 2030

NASA plans a 100-kilowatt nuclear reactor on the Moon by 2030.
The aim is to support a permanent human presence on the lunar surface.
Solar power is unreliable on the Moon because of long periods of darkness, especially in shadowed craters.
China and Russia have similar plans for automated lunar nuclear stations by 2035.

Full notes and 3 MCQs ›

Environment & Ecology

Environment & Ecology

13. World Elephant Day 2025: India’s elephant conservation facts

World Elephant Day, set up in 2012, was marked on 12 August 2025 in Coimbatore with a focus on human-elephant conflict.
India hosts over 60% of the world's wild Asian elephants, roughly 28,000 to 30,000 animals.
India has 33 Elephant Reserves in 14 states and 150 ground-validated corridors in 15 states.
Train collisions killed 186 elephants between 2009 and 2024.

Full notes and 3 MCQs ›

Environment & Ecology

14. Contaminated Sites Rules, 2025: Framework to Clean Toxic Sites

The Environment Protection (Management of Contaminated Sites) Rules, 2025 give a legal framework to identify, assess and remediate contaminated sites.
So far 103 contaminated sites have been identified across India.
State boards must carry out a preliminary assessment within 90 days, followed by a detailed survey within three months.
The polluter pays for cleanup; if it cannot, the Centre and State share the cost.

Full notes and 3 MCQs ›

Reports & Indexes

Government Schemes

15. India’s 3rd Voluntary National Review on SDGs presented

NITI Aayog presented India's third Voluntary National Review on SDGs at the UN-ECOSOC High-Level Political Forum.
India's earlier reviews were submitted in 2017 and 2020.
About 248 million people left multidimensional poverty between 2013-14 and 2022-23.
Out-of-pocket health spending fell from 62.6% of total health spending in 2014-15 to 39.4% in 2020-21.
India accounted for 48.5% of global real-time payment volume in FY 2025; PM Garib Kalyan Anna Yojana targets about 81.35 crore people.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 12 August 2025, with answers and explanations.