06 July 2026 Current Affairs

3 articles · Curated for UPSC, SSC, Bank & Railway

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Economy & Finance

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Income Tax Department Issues Notices to Foreign Investors with No Earnings

IT dept initiating reassessment proceedings against foreign investors for transactions with zero profit/dividend, raising concerns about taxation policy compliance and FDI impact.

UPSC Mains GS-2UPSC Mains GS-3

#taxation policy#foreign investment#DTAA#reassessment proceedings#fiscal policy

Economy & Finance

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Centre Confirms 15 Fertiliser Ships Clear Hormuz Strait; Kharif Supply Concerns Easing

15 fertiliser cargo ships successfully transited Strait of Hormuz, alleviating Kharif season supply disruptions amid geopolitical tensions.

UPSCSSCBank

#Strait of Hormuz#Fertiliser Supply#Kharif Season#Food Security#Agricultural Economics

Economy & Finance

⏱ 2m

Eastern India Leads GI Registrations; MP Records Highest in 2025-26 FY

Geographical Indication registrations surge in Eastern India with West Bengal and Jharkhand dominating; MP leads nationally in current fiscal year.

UPSCSSCBank

#Geographical Indication#MSME#Intellectual Property#Regional Development#Traditional Knowledge